BUZZ-G-III Apparel jumps after annual profit forecast raise

Reuters
2025/12/09
BUZZ-G-III Apparel jumps after annual profit forecast raise

** Shares of Donna Karan parent G-III Apparel Group GIII.O up ~7% at $32.94 premarket** Co forecasts annual adjusted earnings per share between $2.80 and $2.90 vs prior range of $2.55 to $2.75

** Co now expects a $65 million unmitigated impact from tariffs in fiscal 2026, lower from the $75 million estimated earlier

** Co posts third-quarter adjusted profit of $1.90 per share beating analysts' estimate of $1.61 per share, according to data compiled by LSEG

** Up to last close, GIII down about 9% YTD

(Reporting by Anuja Bharat Mistry in Bengaluru)

((AnujaBharat.Mistry@thomsonreuters.com))

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