Guess(GES)

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Stock Of The Day: Micron Technology – The Best Traders Don't Guess
Benzinga· 2024-11-11 16:19
Trading can be complicated and confusing for new traders. They have difficulty deciding where to place their buy and sell orders. Sometimes they just guess. This is a good way to lose money.Experienced traders let the market tell them what to do. They know that when a stock reaches a price level that had previously been resistance or support, it can become so again and there is a good chance the trend changes. This can be seen on the chart of Micron Technology, Inc. MU. This is why it is our Stock of the Da ...
Truelink Capital Signs Deal to Acquire GES from Viad Corp
Prnewswire· 2024-10-21 11:30
Core Insights - Truelink Capital has entered into a definitive agreement to acquire GES, a prominent player in the global exhibition and event industry, with the transaction expected to close by the end of 2024 [1][4] Company Overview - GES, established over 90 years ago, is recognized for its world-class exhibition, event, and brand activation solutions, operating across North America, Europe, and Asia [2] - The company offers comprehensive services including strategy, creative design, logistics, and event production, catering to various industries such as healthcare, aerospace & defense, financial services, manufacturing, technology, and retail [2] - GES has expanded into adjacent verticals, becoming a trusted partner for associations, independent organizers, corporate marketers, exhibitors, and agencies [2] Strategic Importance - The acquisition is seen as a strategic opportunity for Truelink Capital to enhance GES' offerings and expand into the agency vertical through Spiro [3] - Truelink Capital aims to invest in GES' existing services while pursuing organic growth and strategic acquisitions, leveraging GES' long-standing client relationships and adaptability [3] - Post-acquisition, GES' President Derek Linde will assume the role of President & CEO, indicating continuity in leadership [3][4] Investment Focus - Truelink Capital is a middle-market private equity firm focused on creating long-term value through partnerships with industry-leading companies, particularly in the industrials and tech-enabled services sectors [5] - The firm has a successful track record of operationally focused investments, indicating a commitment to enhancing GES' capabilities in technology and creative services [4][5]
GES Fuels Growth With Strategic Plan, Faces Hurdles From Rising Costs
ZACKS· 2024-10-11 14:20
Core Insights - Guess?, Inc. is experiencing growth driven by strong global brand momentum and customer demand, particularly in its Guess, Marciano, and rag & bone brands, despite facing challenges from a weaker consumer environment and elevated costs [1] Group 1: Growth and Performance - The company reported a year-over-year revenue increase of 10% in the second quarter of fiscal 2025, with net revenues reaching $732.6 million, largely attributed to the acquisition of rag & bone and strong wholesale results in Europe and the Americas [2] - Guess?'s wholesale business is a significant growth driver, particularly in European and Americas markets, positioning the company for sustained future success [3] Group 2: Strategic Initiatives - Guess? is implementing a multi-faceted strategy for long-term growth, including the successful integration of rag & bone, expanded marketing efforts, and new store openings in Europe [4] - The company has launched Guess Jeans targeting Gen-Z customers, which has exceeded sales expectations, and doubled its marketing investments to enhance customer engagement [4] - Guess? is optimizing its logistics network through a partnership with GXO Logistics to drive cost efficiencies in the U.S. and Europe, while strengthening its capital structure with expanded credit facilities [4] Group 3: Financial Challenges - Rising operating costs are impacting financial performance, with SG&A expenses increasing to 38.7% of sales from 34.6% a year earlier, primarily due to higher investments in rag & bone and increased marketing spend [5] - The gross margin declined to 43.7% from 44.3%, and adjusted operating margin fell to 5.2% from 9.8%, driven by increased expenses and promotional activity [5] - The company anticipates rising freight costs in the second half of the year due to the ongoing Red Sea crisis, which is expected to impact margins and operating profit [5] Group 4: Outlook Adjustments - Management revised its fiscal 2025 revenue growth projection to between 9.5% and 11%, down from the previous range of 10.7% to 12.7%, and adjusted earnings per share (EPS) forecast to between $2.42 and $2.70, compared to $3.14 reported in fiscal 2024 [6] Group 5: Competitive Landscape - Guess? faces challenges from unfavorable currency fluctuations and stiff competition from other textile-apparel players [7]
Wall Street's Most Accurate Analysts Give Their Take On 3 Consumer Stocks Delivering High-Dividend Yields
Benzinga· 2024-10-02 12:39
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yie ...
Guess(GES) - 2025 Q2 - Quarterly Report
2024-09-06 20:51
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Guess: Comparables Are Deteriorating, And I'm Returning The Stock To The Too Hard Pile (Rating Downgrade)
Seeking Alpha· 2024-08-30 10:45
Alexe Marcel Guess?, Inc. (NYSE:GES) Q2 2024 results were optically ok, with top-line growth, but much worse when looking under the hood, particularly at comparable retail sales. The brand's margins are decreasing thanks to a combination of operational leverage and more investments in marketing. The comparable figures, especially regarding market fit, concern me the most. It is true that Guess? is not a value brand and that; therefore, the economy can make some dent, but I prefer to look at the issue from a ...
Guess? Lags on Q2 Earnings, Cuts FY25 View on Consumer Slowdown
ZACKS· 2024-08-29 15:57
Guess? Inc. (GES) posted mixed second-quarter fiscal 2025 results, with the top line increasing year over year. The bottom line declined from the year-ago quarter's reported figure and missed the consensus mark. The company is lowering its fiscal 2025 revenue and earnings outlook to reflect the current weaker consumer environment. That said, it is effectively managing its costs and inventories while still supporting business growth through investments in marketing, new stores and infrastructure. The acquisi ...
Guess(GES) - 2025 Q2 - Earnings Call Transcript
2024-08-29 10:21
Guess?, Inc. (NYSE:GES) Q2 2025 Earnings Conference Call August 28, 2024 8:30 AM ET Company Participants Fabrice Benarouche - Senior Vice President of Finance, Investor Relations and Chief Accounting Officer Carlos Alberini - Chief Executive Officer Dennis Secor - Interim Chief Financial Officer Conference Call Participants Dana Telsey - Telsey Advisory Group Corey Tarlowe - Jefferies Eric Beder - Small Cap Consumer Research Mauricio Serna - UBS Operator Good day, everyone, and welcome to the Guess? Second ...
Guess (GES) Misses Q2 Earnings Estimates
ZACKS· 2024-08-28 22:26
Guess (GES) came out with quarterly earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -4.55%. A quarter ago, it was expected that this clothing company would post a loss of $0.39 per share when it actually produced a loss of $0.27, delivering a surprise of 30.77%. Over the last four quarters, the company has s ...
Guess(GES) - 2025 Q2 - Quarterly Results
2024-08-28 20:16
Exhibit 99.1 GUESS?, INC. REPORTS FISCAL YEAR 2025 SECOND QUARTER RESULTS Second Quarter Fiscal 2025 Results: Revenues Increased to $733 Million, Up 10% in U.S. Dollars and 13% in Constant Currency Delivered Operating Margin of 6.5%; Adjusted Operating Margin of 5.2% GAAP Loss per Share of $0.28 and Adjusted EPS of $0.42 Lowers Full Fiscal Year 2025 Outlook: Expects Revenue Increase between 9.5% and 11.0% in U.S. Dollars Expects GAAP and Adjusted Operating Margins between 7.2% and 7.7% and 7.3% and 7.8%, Re ...