Telsey Advisory Group analyst Dana Telsey maintains G-III Apparel Group (NASDAQ:GIII) with a Market Perform and lowers the price target from $32 to $25.
Over the past 3 months, 5 analysts have published their opinion on G-III Apparel Group (NASDAQ:GIII) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
According to Benzinga Pro, during Q1, G-III Apparel Group (NASDAQ:GIII) earned $30.63 million, a 36.39% increase from the preceding quarter. G-III Apparel Group's sales decreased to $688.76 million, a 7.94% change since Q4.
G-III Apparel Group Ltd (NASDAQ:GIII) reported first-quarter FY23 sales growth of 32.5% year-on-year to $688.76 million, beating the consensus of $589.73…