Updates
** Donna Karan parent G-III Apparel Group's GIII.O shares rise as much as 19.3% to $30.25
** Stock set for its best day in six months if gains hold
** GIII sees FY26 adjusted profit above estimates
** Co also beat Q4 revenue, profit estimates; Q4 marks 12th consecutive quarter of EPS beat - data compiled by LSEG
** Sees key owned brands DKNY, Donna Karan, Karl Lagerfeld and Vilebrequin to grow at double-digit rate in FY26
** Says co can mitigate vast majority of impact from U.S. tariffs on China by negotiating partial cost offsets, selective price increases
** However, GIII forecasts annual revenue below estimates
** Including session's moves, GIII down about ~12% YTD
(Reporting by Bageshri Banerjee and Neil J Kanatt in Bengaluru)
((bageshri.banerjee@thomsonreuters.com;))
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