For the third quarter of 2022, the Company currently expects its total revenues to be between RMB1.14 billion and RMB1.16 billion, representing a year-on-year decrease of 5.9% to 4.3%. This forecast considers the impact of the COVID-19 resurgence in certain cities which adversely affected recruitment needs, as well as reflects the Company’s current views on the market and operational conditions in China, which are subject to change and cannot be predicted with reasonable accuracy as of the date hereof.
Telsey Advisory Group Reiterates Market Perform on G-III Apparel Group, Maintains $14 Price Target
Telsey Advisory Group analyst Dana Telsey reiterates G-III Apparel Group (NASDAQ:GIII) with a Market Perform and maintains $14 price target.