Telsey Advisory lowered the firm’s price target on G-III Apparel (GIII) to $29 from $34 and keeps a Market Perform rating on the shares. The company’s Q4 results were weaker than expected and the firm continues to see pressure from the macro environment, the analyst tells investors.

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G-III Apparel Declares Quarterly Cash Dividend to Shareholders

G-III Apparel Earnings Call: Brand Strength Amid Transition

G-III Apparel reports Q4 adjusted EPS 30c, consensus 59c

G-III Apparel sees FY27 EPS $2.00-$2.10, consensus $2.93

G-III Apparel sees Q1 EPS (40c)-(30c)