G-III Apparel Group (GIII) Tops Q3 EPS by 5c, Revenues Miss; Offers FY20 EPS/Revenue Guidance Below Consensus

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Go back to G-III Apparel Group (GIII) Tops Q3 EPS by 5c, Revenues Miss; Offers FY20 EPS/Revenue Guidance Below Consensus

G-III Apparel (GIII) PT Lowered to $32 at Needham & Company

December 5, 2019 7:06 AM EST

Needham & Company analyst Rick Patel lowered the price target on G-III Apparel (NASDAQ: GIII) to $32.00 (from $34.00) while maintaining a Buy rating following Q3 sales miss and guide down.

The analyst commented, "Despite the 3Q sales miss and CY19 guide down, we maintain... More