behind every great company is an even better story. ours began in 1956, when aron goldfarb came to the united states with a european master craftsman's skill and an unwavering desire to succeed. aron founded g&n sportswear, and in 1972 his son, morris goldfarb - the current chief executive officer - joined the company. now called the g-iii apparel group, the company has quickly become the world's premiere designer and manufacturer of quality leather outerwear dresses, women's suits and sportswear. we understand that we can only succeed so long as we remember the core values that got us here.
Company profile
Ticker
GIII
Exchange
Website
CEO
Morris Goldfarb
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
ANTE CORP
SEC CIK
Corporate docs
Subsidiaries
G-III Leather Fashions, Inc. • AM Retail Group, Inc. • CK Outerwear LLC • G-III Apparel Canada ULC • G-III Hong Kong Limited • Kostroma Limited • Hangzhou G-III Apparel Trading Co., Ltd • G-III License Company, LLC • Riviera Sun, Inc. • G-III Brands, Ltd. ...
IRS number
411590959
GIII stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-Q
2023 Q1
Quarterly report
6 Jun 23
8-K
G-iii Apparel Group, LTD. Announces First Quarter Fiscal 2024 Results
6 Jun 23
DEFA14A
Additional proxy soliciting materials
5 Jun 23
SD
Conflict minerals disclosure
30 May 23
ARS
2023 FY
Annual report to shareholders
5 May 23
DEF 14A
Definitive proxy
5 May 23
8-K
Entry into a Material Definitive Agreement
1 May 23
8-K
Entry into a Material Definitive Agreement
26 Apr 23
10-K
2022 FY
Annual report
27 Mar 23
8-K
G-iii Apparel Group, LTD. Announces Fourth Quarter and Full-year Fiscal 2023 Results
16 Mar 23
Transcripts
GIII
Earnings call transcript
2024 Q1
6 Jun 23
GIII
Earnings call transcript
2023 Q4
16 Mar 23
GIII
Earnings call transcript
2023 Q3
2 Dec 22
GIII
Earnings call transcript
2023 Q2
7 Sep 22
GIII
Earnings call transcript
2023 Q1
7 Jun 22
GIII
Earnings call transcript
2022 Q4
17 Mar 22
GIII
Earnings call transcript
2022 Q3
1 Dec 21
GIII
Earnings call transcript
2021 Q2
2 Sep 21
GIII
Earnings call transcript
2022 Q1
7 Jun 21
GIII
Earnings call transcript
2021 Q3
8 Dec 20
Latest ownership filings
4
NEAL NACKMAN
1 May 23
4
Jeffrey David Goldfarb
1 May 23
4
Sammy Aaron
1 May 23
4
MORRIS GOLDFARB
1 May 23
SC 13G/A
VANGUARD GROUP INC
10 Apr 23
4
LAURA H POMERANTZ
6 Apr 23
SC 13G
Madison Avenue Partners, LP
23 Feb 23
SC 13G/A
GOLDFARB MORRIS
14 Feb 23
SC 13G/A
CRAMER ROSENTHAL MCGLYNN LLC
13 Feb 23
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
10 Feb 23
Financial summary
| Quarter (USD) | Apr 23 | Jan 23 | Oct 22 | Jul 22 | |
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| Revenue | |||||
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| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Jan 23 | Jan 22 | Jan 21 | Jan 20 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 289.73 mm | 289.73 mm | 289.73 mm | 289.73 mm | 289.73 mm | 289.73 mm |
| Cash burn (monthly) | (no burn) | 12.39 mm | (no burn) | 11.97 mm | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 16.48 mm | n/a | 15.93 mm | n/a | n/a |
| Cash remaining | n/a | 273.25 mm | n/a | 273.80 mm | n/a | n/a |
| Runway (months of cash) | n/a | 22.1 | n/a | 22.9 | n/a | n/a |
Institutional ownership, Q1 2023
89.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 175 |
| Opened positions | 22 |
| Closed positions | 49 |
| Increased positions | 49 |
| Reduced positions | 71 |
| 13F shares | Current |
|---|---|
| Total value | 617.23 bn |
| Total shares | 40.67 mm |
| Total puts | 229.20 k |
| Total calls | 259.90 k |
| Total put/call ratio | 0.9 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 7.00 mm | $108.85 bn |
| Vanguard | 4.81 mm | $74.75 bn |
| Madison Avenue Partners | 3.45 mm | $53.70 bn |
| Dimensional Fund Advisors | 3.15 mm | $48.94 bn |
| STT State Street | 1.70 mm | $26.42 bn |
| Newtyn Management | 1.54 mm | $23.94 bn |
| RY Royal Bank Of Canada | 1.30 mm | $20.19 bn |
| Charles Schwab Investment Management | 998.12 k | $15.52 bn |
| Arrowstreet Capital, Limited Partnership | 889.41 k | $13.81 bn |
| Geode Capital Management | 863.58 k | $13.43 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 27 Apr 23 | Morris Goldfarb | Common Stock, Par Value $.01 Per Share | Grant | Acquire A | No | No | 0 | 104,180 | 0.00 | 3,876,164 |
| 27 Apr 23 | Aaron Sammy | Common Stock, Par Value $.01 Per Share | Grant | Acquire A | No | No | 0 | 86,817 | 0.00 | 539,829 |
| 27 Apr 23 | Goldfarb Jeffrey David | Common Stock, Par Value $.01 Per Share | Grant | Acquire A | No | No | 0 | 43,408 | 0.00 | 535,039 |
| 27 Apr 23 | Nackman Neal | Common Stock, Par Value $.01 Per Share | Grant | Acquire A | No | No | 0 | 14,469 | 0.00 | 108,835 |
| 4 Apr 23 | Pomerantz Laura H | Common Stock, Par Value $.01 Per Share | Sell | Dispose S | No | No | 15.53 | 3,250 | 50.47 k | 44,871 |
News
UBS Maintains Neutral Rating for G-III Apparel Group: Here's What You Need To Know
7 Jun 23
G-III Apparel Group Earnings Perspective: Return On Capital Employed
7 Jun 23
Piper Sandler Maintains Neutral on G-III Apparel Group, Raises Price Target to $17
7 Jun 23
G-III Apparel Analysts Boost Their Forecasts After Upbeat Q1 Results
7 Jun 23
UBS Maintains Neutral on G-III Apparel Group, Raises Price Target to $21
7 Jun 23
Press releases
G-III Apparel Group, Ltd. Announces the Election of Three New Board Members: Dr. Joyce F. Brown, Michael Shaffer and Andrew Yaeger
8 Jun 23
Xcel Brands and G-III Apparel Group, Ltd. Announce Halston Master Licensing Partnership Under New 25-Year Agreement
6 Jun 23
G-III Apparel Group, Ltd. Announces First Quarter Fiscal 2024 Results
6 Jun 23
G-III Apparel, Hayward, Foxo Technology, Veradigm Shareholder Update: Johnson Fistel Encourages Shareholders with Losses to Contact the Firm Regarding Class Action Investigation
16 May 23
G-III Apparel, Hayward, Beyond Meat, Veradigm Shareholder Update: Johnson Fistel Encourages Shareholders with Losses to Contact the Firm Regarding Class Action Investigation
27 Apr 23