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G-III Apparel's price target cut to $32 amid mixed sales and Marc Jacobs integration risks

Analyst Insights
03 Sep 2026
Danny Green
View Source
Neutral
pluang ai news

Telsey Advisory lowered G-III Apparel Group's price target from $38 to $32, reflecting mixed financial results and challenges integrating the Marc Jacobs brand. The company's net sales dropped from $613.3 million to $554.1 million, but GAAP net income rose to $0.46 per share from $0.25. While the Marc Jacobs acquisition offers a $1 billion revenue growth opportunity, it also brings risks related to integration, cash flow, and wholesale market exposure. Investors should watch how G-III manages these challenges moving forward.

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