G-III Apparel Group (GIII) Misses Q2 EPS by 21c; FY17 Guidance Cut
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UPDATE: Stifel Downgrades G-III Apparel (GIII) to Sell
August 31, 2016 6:39 AM EDT(Updated - August 31, 2016 9:24 AM EDT)
Stifel downgraded G-III Apparel (NASDAQ: GIII) from Hold to Sell with a price target of $28. Analyst Jim Duffy said valuation doesnt compensate for risks, despite a sell-off in shares.
"Despite the sell-off in shares, at... More
Piper Cuts Ests on G-III Apparel Group (GIII) Following Q2 Report; PT Drops to $31
August 30, 2016 2:46 PM EDTPiper Jaffray is cutting its price target on Neutral-rated G-III Apparel Group (Nasdaq: GIII) from $48 down to $31 following weak Q2 results issued earlier Tuesday.
The firm commented, In addition to Q2's miss, the company issued its Q3 outlook below... More
Piper Jaffray Remains Sidelined on G-III Apparel Group (GIII) Following 2Q Miss
August 30, 2016 8:42 AM EDTPiper Jaffray maintained a Neutral rating and $48.00 price target on G-III Apparel Group (NASDAQ: GIII) following the company's 2Q earnings report. Sales were down 7% to $442M vs. the Street's $485M. The company reported a LPS of ($0.03), well below guidance and the Street's $0.18.
Analyst Erinn Murphy commented, "We... More
