Guess Inc.

NYSE:GES   4:00:00 PM EDT
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Other Pre-Announcement

Guess? Inc Reports Q3 Adjusted Earnings Per Share $0.58

Published: 12/02/2020 21:31 GMT
Guess Inc. (GES) - Guess?, Inc. Reports Third Quarter Results.
Q3 Adjusted Earnings per Share $0.58.
Q3 Earnings per Share Estimate $0.05 -- Refinitiv Ibes Data (analyst estimates).
Q3 GAAP Earnings per Share $0.41.
Q3 Revenue $569.3 Million Versus Refinitiv Ibes Estimate of $515.6 Million.
Qtrly Americas Retail Comp Sales Including E-commerce Decreased 21% in U.S. Dollars and 20% in Constant Currency.
Not Providing Detailed Guidance for Q4 Or Full Fiscal Year Ending January 30, 2021.
Qtrly Asia Retail Comp Sales Including E-commerce Decreased 15% in U.S. Dollars and 18% in Constant Currency.
Expect Revenues in Q4 of Fiscal 2021 to Be Down in Low to Mid-twenties.
Board Has Approved a Quarterly Cash Dividend of $0.1125 per Share on Company's Common Stock.
During Q3, Continued to Experience Lower Net Revenue Compared to Same Prior-year Period As It Remained Challenged by Lower Demand.