G-III Apparel Group Closes Acquisition of Donna Karan International
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/28/2026
- Wall St muted after Fed Chair Warsh's speech; AI rally cools
- Fed chair Warsh kicks off Jackson Hole keynote address
- PayPal tumbles as Advent, Stripe said to drop $50 bln pursuit
- Oil drifts lower as Hormuz flows balance slow progress in Iran diplomacy
- Dollar climbs after Warsh comments, poised for weekly gain
- First Financial to acquire Hickory Point Bank in $111.3M deal
- Affirm Holdings (AFRM) Tops Q4 EPS by $3.77, Beats on Revenue
- Nasdaq, S&P 500 lifted by Nvidia's forecast; investors eye speech by Fed's Warsh
- Ovintiv adds 41,000 acres in Permian and Montney deals
- BioNTech ends colorectal cancer mRNA therapy trial early
Brean Capital Cuts Price Target on G-III Apparel Group (GIII) Following 3Q Miss
December 2, 2016 9:49 AM ESTBrean Capital maintained a Buy rating on G-III Apparel Group (NASDAQ: GIII), and cut the price target to $39.00 (from $41.00), following the company's 3Q earnings report. GIII reported revenues of $883M down -3% y/y compared to consensus' +3% estimates ~$940M. Adjusted EPS of $1.50 came in below consensus of $1.54. The Miss was largely driven by soft outerwear sales and continued soft trends at retail.
Analyst... More
