Guess? Inc. (GES) is likely to register top-line growth when it reports second-quarter fiscal 2025 earnings on Aug 28. The Zacks Consensus Estimate for revenues is pegged at $732 million, suggesting growth of 10.2% from the prior-year quarter's reported figure. However, the bottom line is likely to decline year-over-year in the quarter. The Zacks Consensus Estimate for quarterly earnings has remained unchanged in the past 30 days at 44 cents per share. The projection indicates a decline of 38.9% from the fi ...

Guess?, Inc. (GES) is capitalizing on its strong global platform to drive business growth and expansion. GES' expansive global footprint, broad channel capabilities, extensive supply chain, diverse category portfolio and strong management team underscore its growth story. Management is also committed to its six key strategies and has made remarkable progress against each of them. That being said, Guess? is not immune to a rising cost environment. Let's delve deeper. Growth Drivers in Place The Zacks Rank #3 ...

Vancouver, BC, July 29, 2024 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. ("Ceylon") (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce it has entered into a purchase and distribution agreement with GES Europe GmbH ("GES"), www.geseurope.de , a global leader in graphite product distribution and sales. GES expects the range of products using Ceylon graphite to include, amongst others, 95%+ C direct ship graphite as well as thermally purified 99% C grade. GES will provide customer outreach, market entry ...

Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels. Furthermore, Hanesbrands holds a P/B ratio of 4.95 and its industry's price-to-book ratio is 5.77. HBI's P/B has been as high as 5.97, as low as 3.31, with a median of 4.92 over the past 12 months. While the proven Zacks Rank places an emphas ...

PVH Corp, a renowned apparel company, presently carries a Zacks Rank #2. PVH has a trailing four-quarter earnings surprise of 10.1%, on average. Guess?, Inc. (GES) is benefiting from robust brand momentum globally and strong customer response to its product categories. The company is committed to its six key strategies and has made remarkable progress against each of them. Courtesy of these upsides, the company began the fiscal 2025 on a strong note, with the first-quarter top line increasing year over year ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 04, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-11893 GUESS?, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or o ...

Guess?, Inc. (NYSE:GES) Q1 2025 Earnings Conference Call May 31, 2024 4:45 PM ET Company Participants Fabrice Benarouche - Senior Vice President of Finance and Investor Relations and Chief Accounting Officer Carlos Alberini - Chief Executive Officer Markus Neubrand - Chief Financial Officer Conference Call Participants Mauricio Serna - UBS Eric Beder - Small Cap Consumer Research Operator Good day, everyone, and welcome to the Guess?’ First Quarter Fiscal 2025 Earnings Conference Call. I would like to turn ...

Guess (GES) came out with a quarterly loss of $0.27 per share versus the Zacks Consensus Estimate of a loss of $0.39. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 30.77%. A quarter ago, it was expected that this clothing company would post earnings of $1.55 per share when it actually produced earnings of $2.01, delivering a surprise of 29.68%. Over the last four quarters, the company has surp ...

Financial Performance - Revenues for the first quarter of fiscal 2025 increased to $592 million, up 4% in U.S. dollars and 7% in constant currency[2] - GAAP net earnings were $13.0 million, compared to a GAAP net loss of $11.8 million in the same prior-year quarter, with GAAP diluted EPS of $0.23[7] - Adjusted net loss for the first quarter was $13.8 million, with adjusted diluted net loss per share of $0.27, compared to $3.5 million and $0.07 in the same prior-year quarter[8] - For the three months ended May 4, 2024, net revenue was $591,943,000, an increase from $569,798,000 for the same period in 2023, representing a growth of 3.9%[37] - Total net revenue for the three months ended May 4, 2024, was $591,943,000, representing a 4% increase from $569,798,000 in the same period last year[42] - Reported GAAP net earnings attributable to Guess?, Inc. were $13,022,000, a significant improvement from a loss of $11,805,000 in the previous year[40] - Adjusted net loss attributable to Guess?, Inc. was $13,810,000 compared to a loss of $3,487,000 in the prior year[40] - Total loss from operations increased to $19,888,000 from $922,000, marking a 2,057% change[42] - Free cash flow for the three months ended May 4, 2024, was $(45,554,000), compared to $(31,495,000) in the same period last year[50] Revenue Segments - Americas wholesale revenues increased by 21% in U.S. dollars and 18% in constant currency, while Americas retail revenues remained flat[10] - Licensing revenues increased by 21% in both U.S. dollars and constant currency[10] - Americas Wholesale segment revenue increased by 21% to $62,128,000 from $51,393,000 year-over-year[42] Future Outlook - The company expects revenue growth between 10.7% and 12.7% for the full fiscal year 2025, with GAAP EPS projected between $2.59 and $2.89[3] - The company's outlook for Q2 and full fiscal year 2025 assumes foreign currency exchange rates remain stable at recent levels[56] - Full fiscal 2025 outlook excludes various costs including professional service fees, transaction costs from the rag & bone acquisition, and asset impairment charges[56] - The company plans to discuss its future outlook and strategies in a conference call scheduled for May 30, 2024[28] Acquisitions and Integrations - The acquisition of rag & bone was completed on April 2, 2024, integrating the brand into the company's existing segments[6] - The company acquired all operating assets and a 50% interest in the intellectual property assets of rag & bone on April 2, 2024, expanding its market presence in the U.S. and U.K.[29] - The company plans to launch Guess Jeans and work with the rag & bone team to expand globally[4] Shareholder Actions - The board approved a quarterly cash dividend of $0.30 per share, payable on June 28, 2024[22] - A new $200 million share repurchase program was authorized, with $10.3 million spent on repurchasing shares in the first quarter[23] Operational Metrics - As of May 4, 2024, the company operated 1,048 retail stores directly and had 533 additional stores operated by partners and distributors globally[29] - The company operated a total of 1,581 stores as of May 4, 2024, a slight decrease from 1,588 stores as of April 29, 2023[52] Tax and Expenses - The effective income tax rate for the quarter was (42.0%), compared to 17.4% in the same quarter of the previous year[37] - The adjusted effective income tax rate was 12.3%, up from 0.4% in the previous year[40] - Adjusted selling, general and administrative expenses were $255,785,000, which is 43.2% of net revenue, compared to 40.4% in the previous year[37] Financial Adjustments - The company recorded asset impairment charges primarily related to underperforming retail locations and expected store closures[56] - The income tax effect of various adjustments is based on the company's assessment of deductibility using the statutory income tax rate[56] - The company is unable to predict future amounts related to certain adjustments due to their inconsistent nature and elements beyond its control[56] - Adjustments for the fiscal year include loss on extinguishment of debt from exchanged 2024 Notes and changes in fair value of equity-linked derivatives associated with the 2028 Notes[56] - The adjusted results exclude the impact of certain professional service fees, transaction costs, and asset impairment charges, among others[56] Cash and Assets - Cash and cash equivalents decreased to $241,654,000 from $298,642,000 compared to the previous year[46] - Total assets increased to $2,748,641,000 from $2,440,722,000 year-over-year[46]