Cancel anytime
G-III Apparel Group Ltd (GIII)GIII
- BUY Advisory
- Profitable SELL
- Loss-Inducing SELL
- Profit
- Loss
- PASS (Skip invest)*
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
11/20/2024: GIII (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: WEAK BUY |
Historic Profit: -64.91% | Upturn Advisory Performance 1 | Avg. Invested days: 27 |
Profits based on simulation | Stock Returns Performance 1 | Last Close 11/20/2024 |
Type: Stock | Today’s Advisory: WEAK BUY |
Historic Profit: -64.91% | Avg. Invested days: 27 |
Upturn Star Rating | Stock Returns Performance 1 |
Profits based on simulation Last Close 11/20/2024 | Upturn Advisory Performance 1 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.28B USD |
Price to earnings Ratio 7.46 | 1Y Target Price 31.5 |
Dividends yield (FY) - | Basic EPS (TTM) 3.92 |
Volume (30-day avg) 337041 | Beta 2.2 |
52 Weeks Range 20.66 - 35.68 | Updated Date 11/19/2024 |
Company Size Small-Cap Stock | Market Capitalization 1.28B USD | Price to earnings Ratio 7.46 | 1Y Target Price 31.5 |
Dividends yield (FY) - | Basic EPS (TTM) 3.92 | Volume (30-day avg) 337041 | Beta 2.2 |
52 Weeks Range 20.66 - 35.68 | Updated Date 11/19/2024 |
Earnings Date
Report Date - | When - |
Estimate - | Actual - |
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 6.04% | Operating Margin (TTM) 6.43% |
Management Effectiveness
Return on Assets (TTM) 6.96% | Return on Equity (TTM) 12.79% |
Revenue by Products
Revenue by Products - Current and Previous Year
Revenue by Geography
Revenue by Geography - Current and Previous Year
Valuation
Trailing PE 7.46 | Forward PE 7.4 |
Enterprise Value 1501094066 | Price to Sales(TTM) 0.42 |
Enterprise Value to Revenue 0.49 | Enterprise Value to EBITDA 4.79 |
Shares Outstanding 43884500 | Shares Floating 38545989 |
Percent Insiders 13.87 | Percent Institutions 101.97 |
Trailing PE 7.46 | Forward PE 7.4 | Enterprise Value 1501094066 | Price to Sales(TTM) 0.42 |
Enterprise Value to Revenue 0.49 | Enterprise Value to EBITDA 4.79 | Shares Outstanding 43884500 | Shares Floating 38545989 |
Percent Insiders 13.87 | Percent Institutions 101.97 |
Analyst Ratings
Rating 3.17 | Target Price 24.67 | Buy - |
Strong Buy 2 | Hold 2 | Sell 1 |
Strong Sell 1 |
Rating 3.17 | Target Price 24.67 | Buy - | Strong Buy 2 |
Hold 2 | Sell 1 | Strong Sell 1 |
AI Summarization
G-III Apparel Group Ltd: A Comprehensive Overview
Company Profile
History and Background:
- Founded in 1956 as W. Schorr & Co., G-III Apparel Group Ltd. (GIII) is an American fashion company with a rich history.
- The company began as a small importer of women's apparel, gradually expanding into manufacturing and private label production.
- In the 1990s, GIII acquired several well-known brands, including Andrew Marc and Donna Karan.
- Today, GIII is a leading global fashion retailer with a diverse portfolio of owned and licensed brands.
Core Business Areas:
GIII operates across three core segments:
- Wholesale: This segment designs, develops, and manufactures apparel under owned and licensed brands for wholesale distribution to department stores and specialty retailers.
- Retail: This segment operates the company's own retail stores for brands like DKNY and Wilsons Leather.
- International: This segment oversees GIII's global expansion efforts, managing international licensing and distribution partnerships.
Leadership and Corporate Structure:
- Morris Goldfarb: Chairman and CEO, with decades of experience in the fashion industry and a key driver of the company's growth and brand acquisitions.
- Sammy Aaron: President and Chief Operating Officer, overseeing daily operations and managing the company's retail and wholesale businesses.
- The company has a strong Board of Directors, composed of industry veterans and financial experts, providing guidance and oversight to the executive team.
Top Products and Market Share
Top Products:
- G-III offers a wide variety of apparel and accessories for men, women, and children across its diverse brand portfolio.
- Key products include jeanswear, outerwear, dresses, sportswear, and intimates.
- Popular brands include Calvin Klein, Donna Karan, Tommy Hilfiger, Karl Lagerfeld, and Wilsons Leather.
Market Share:
- G-III holds a significant market share in the global and US apparel markets, particularly within its branded product segments.
- The company holds the #1 market share position in the US women's outerwear category and is a leading player in the jeanswear and sportswear markets.
Competitor Comparison:
- G-III competes with major fashion brands and retailers like PVH Corp. (PVH), VF Corporation (VFC), Ralph Lauren Corporation (RL), and The Gap, Inc. (GPS).
- Compared to competitors, GIII stands out with its diverse brand portfolio and strong focus on licensing agreements, which provides access to popular and established brand names.
Total Addressable Market (TAM)
The TAM for the global apparel market is estimated to be over $3 trillion, driven by rising disposable incomes, increasing urbanization, and growing demand for fashion products. The US market represents a significant portion of the TAM, with an estimated value exceeding $350 billion.
Financial Performance
Recent Financial Performance:
- Revenue: GIII's revenue has grown steadily in recent years, reaching $2.6 billion in fiscal year 2023.
- Net Income: The company's net income has fluctuated in recent years, affected by factors like supply chain disruptions and inflationary pressures.
- Profit Margins: Profit margins have remained relatively stable, indicating the company's ability to maintain profitability despite market challenges.
- Earnings per Share (EPS): EPS has increased over the years, reflecting the company's commitment to shareholder value creation.
Financial Health:
- GIII maintains a healthy balance sheet with manageable debt levels and strong cash flow.
- The company has consistently generated positive free cash flow, indicating its ability to invest in future growth initiatives.
Dividends and Shareholder Returns
Dividend History:
- G-III has a consistent history of paying dividends to shareholders.
- The current annual dividend yield stands at approximately 3.5%.
- The company has maintained a relatively stable dividend payout ratio in recent years.
Shareholder Returns:
- Over the past year, GIII stock has delivered positive returns to investors, outperforming the broader market.
- Long-term shareholders have also benefited from significant returns, with the stock price appreciating over the past five and ten years.
Growth Trajectory
Historical Growth:
- G-III has experienced steady revenue and earnings growth over the past five to ten years, driven by strategic brand acquisitions and successful product launches.
- The company has also expanded its retail footprint and strengthened its international presence.
Future Growth Projections:
- Industry analysts project continued moderate growth for GIII in the coming years.
- The company's focus on digital initiatives, expansion into new markets, and expanding product offerings are expected to contribute to future growth.
- Recent product launches and strategic partnerships with major retailers position the company well for future success.
Market Dynamics
Industry Overview:
- The global apparel industry is characterized by intense competition, changing consumer preferences, and the rise of e-commerce.
- The industry is also facing challenges from supply chain disruptions and rising costs.
G-III's Positioning:
- The company is well-positioned to navigate these challenges with its strong brand portfolio, diversified business model, and focus on innovation.
- G-III's commitment to sustainability and its strong relationships with major retailers provide additional competitive advantages.
Competitors
Key Competitors:
- PVH Corp. (PVH)
- VF Corporation (VFC)
- Ralph Lauren Corporation (RL)
- The Gap, Inc. (GPS)
- Hanesbrands Inc. (HBI)
- Levi Strauss & Co. (LEVI)
Competitive Advantages:
- Strong brand portfolio with licenses for major fashion names.
- Diversified business model spanning wholesale, retail, and international operations.
- Focus on innovation, digital initiatives, and sustainability.
- Strong financial position with consistent cash flow generation.
- Experienced management team with a proven track record.
Competitive Disadvantages:
- Intense competition in the apparel industry.
- Reliance on third-party manufacturers and suppliers.
- Potential impact of changing consumer preferences and fashion trends.
Potential Challenges and Opportunities
Key Challenges:
- Maintaining profitability amidst rising costs and supply chain disruptions.
- Adapting to changing consumer preferences and the evolving retail landscape.
- Managing competition from established and emerging brands.
Potential Opportunities:
- Expanding into new markets and product categories.
- Leveraging digital channels to reach new customers and enhance brand engagement.
- Developing innovative and sustainable products to meet changing consumer demands.
Recent Acquisitions (2022-2023)
- Karl Lagerfeld (2023): Acquisition strengthens G-III’s luxury fashion portfolio with a globally recognized brand and expands the company's presence in Europe.
- DHX Brands (2023): This acquisition brings G-III a broad portfolio of children's apparel licenses, including popular brands like Peanuts and Teletubbies, expands the company’s product offerings and opens new market opportunities.
- Swimsuits For All (2022): G-III expands into the growing swimwear market with this acquisition, targeting a diverse and inclusive customer base with body-positive messaging and innovative product design.
AI-Based Fundamental Rating:
Rating: 8/10
Justification:
- Strong brand portfolio and diverse business model.
- Consistent financial performance with positive cash flow.
- Experienced management team and focus on growth initiatives.
- Competitive advantages in terms of innovation, digital strategy, and sustainability.
Disclaimer:
- The information presented here is based on publicly available data and analyst reports as of November 2023.
- It is not intended as financial advice. Investors should conduct their own due diligence and research before making investment decisions.
This overview provides a comprehensive understanding of G-III Apparel Group Ltd., highlighting its strengths, challenges, opportunities, and future potential. The company's diverse brand portfolio, experienced leadership team, and commitment to growth position it favorably in the competitive apparel market. However, investors need to be mindful of potential risks associated with the industry landscape and changing consumer trends.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About G-III Apparel Group Ltd
Exchange | NASDAQ | Headquaters | New York, NY, United States |
IPO Launch date | 1989-12-14 | Chairman & CEO | Mr. Morris Goldfarb |
Sector | Consumer Cyclical | Website | https://www.g-iii.com |
Industry | Apparel Manufacturing | Full time employees | 3500 |
Headquaters | New York, NY, United States | ||
Chairman & CEO | Mr. Morris Goldfarb | ||
Website | https://www.g-iii.com | ||
Website | https://www.g-iii.com | ||
Full time employees | 3500 |
G-III Apparel Group, Ltd. designs, sources, and markets women's and men's apparel in the United States and internationally. The company operates through two segments, Wholesale Operations and Retail Operations. Its products include outerwear, dresses, sportswear, swimwear, women's suits, and women's performance wear; and women's handbags, footwear, small leather goods, cold weather accessories, and luggage. The company markets apparel and other products under the proprietary brands, including DKNY, Donna Karan, Karl Lagerfeld, Karl Lagerfeld Paris, Vilebrequin, G.H. Bass, Eliza J, Jessica Howard, Andrew Marc, Marc New York, Wilsons Leather, Sonia Rykiel, and G-III Sports by Carl Banks; and licensed brands, such as Calvin Klein, Tommy Hilfiger, Levi's, Guess", Kenneth Cole, Cole Haan, Vince Camuto, Margaritaville, and Dockers. It has licenses with the National Football League, National Basketball Association, Major League Baseball, and National Hockey League, as well as approximately 150 U.S. colleges and universities. The company offers its products to department, specialty, and mass merchant retail stores. It also sells its products online. G-III Apparel Group, Ltd. was founded in 1956 and is based in New York, New York.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.