Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
G-III Apparel stock fell 10–12% on March 12, 2026, after missing earnings expectations due to lost licensing rights, a Saks bankruptcy charge, and tariff impacts, with weak guidance fueling investor concern.
G-III Apparel Group's stock dropped 10% to 12% on March 12, 2026, after reporting fourth-quarter earnings of $0.30 per share—well below the $0.59 expected—on revenue of $771.5 million, a 8.1% decline from last year and below the $792 million estimate.
The results were hurt by the loss of Calvin Klein and Tommy Hilfiger licensing rights, a $17.5 million bad debt charge from Saks’ bankruptcy, and ongoing tariff impacts.
The company projected fiscal 2027 adjusted EPS of $2.00–$2.10, below the $2.93 consensus, and warned of continued margin pressure despite a strategic shift toward higher-margin owned brands and digital growth.
Las acciones de G-III Apparel cayeron entre un 10 y un 12% el 12 de marzo de 2026, tras no alcanzar las previsiones de beneficios e ingresos debido a la pérdida de derechos de licencia, un cargo de bancarrota de Saks y aranceles, con una previsión débil que alimentaba la preocupación de los inversores.