Shares of apparel and footwear companies are trading lower amid possible sympathy with Walmart after it reported its slowest growth in U.S. comparable sales in six years. This may act as a bellwether for apparel companies, as retail shoppers may exercise caution in response to climbing prices.

Dick's Sporting Goods Notes Challenging Athletic Footwear And Apparel Market Conditions

These Analysts Revise Their Forecasts On Amer Sports Following Q2 Results

Amer Sports Inc. (AS) reported Q2 earnings of 22 cents per share, beating estimates. Q3 outlook missed, but full year outlook raised. Stock up 0.6%.

Truist Securities Maintains Buy on Amer Sports, Lowers Price Target to $42

Truist Securities analyst Joseph Civello maintains Amer Sports (NYSE:AS) with a Buy and lowers the price target from $50 to $42.

Can American Eagle's TikTok Shop and Creator Programs Lift Demand?

American Eagle Outfitters (AEO) is experiencing strong customer engagement through its marketing initiatives, including the launch of an AE creator community and TikTok Shop. Aerie's new influencer program exceeded expectations with improved customer acquisition and retention. The company is strategically focusing on creator-led and social commerce initiatives to convert engagement into business performance.

Boot Barn Holdings shares are trading higher after Stephens & Co. raised its price target on the stock from $196 to $207.

Stephens & Co. Maintains Overweight on Boot Barn Holdings, Raises Price Target to $207

Stephens & Co. analyst Jeff Lick maintains Boot Barn Holdings (NYSE:BOOT) with a Overweight and raises the price target from $196 to $207.