Why does GIII lag the market?
Up 3.8% today with apparel stocks: Columbia Sportswear Co rose 5.3% after “Columbia Sportswear raises FY26 outlook after Q3 profit…” (Yahoo Finance); 11 of 12 are up, 3.1% on average; the S&P 500 is down 0.3%.
Lags the market
Up 4% over five years while the S&P 500 rose 76%.
- It fell 45% on Dec 1, 2022, a results day, its biggest one-day fall in five years.