Telsey Advisory Group analyst Dana Telsey maintains G-III Apparel Group (NASDAQ:GIII) with a Market Perform and lowers the price target from $25 to $22.
G-III Apparel Group (NASDAQ:GIII) reported its Q2 earnings results on Wednesday, September 7, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Pre-open movers
U.S. stock futures traded slightly higher in early pre-market trade after closing lower on Tuesday. The Dow Jones dropped around 173 points, while the Nasdaq Composite declined around 86 points in the previous session. Data released Tuesday showed the ISM services index climbed to 56.9 in August from previous reading of 56.7.