Guess Inc.

NYSE:GES   3:59:56 PM EDT
+0.72 (+3.24%)
Positive Earnings Pre-Announcement

Guess? Inc Reports Fiscal Year 2022 Second Quarter Results

Published: 08/25/2021 20:42 GMT
Guess Inc. (GES) - Guess?, Inc. Reports Fiscal Year 2022 Second Quarter Results.
Q2 GAAP Earnings per Share $0.91.
Q2 Revenue $628.6 Million Versus Refinitiv Ibes Estimate of $648.6 Million.
Q2 Earnings per Share Estimate $0.70 -- Refinitiv Ibes Data (analyst estimates).
Guess Inc - Raising Full-year Outlook for Operating Margin to 10.0%.
Guess Inc - Increases Share Repurchase Authorization to $200 Million.
Guess Inc - Increasing Long-term Operating Margin Goal to 12% and Adjusted Earnings per Share to $3.50 by Fiscal 2024.
Guess Inc - Expect Revenues in Q3 of Fiscal 2022 to Be Slightly Negative to Flat Versus Q3 of Fiscal 2020.
Guess - for FY Fiscal 2022, Assuming No Additional Covid-related Shutdowns Past Q2, Expect Revenues to Be Down Mid-single Digits Versus Fiscal 2020.
Guess Inc - Qtrly Adjusted Earnings per Share $0.96.
Q3 Revenue View $606.7 Million -- Refinitiv Ibes Data (analyst estimates).
FY2022 Revenue View $2.57 Billion -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $611.3 Million
Adjusted EPS is expected to be $0.45

Next Quarter Revenue Guidance is expected to be $785.09 Million
Next Quarter EPS Guidance is expected to be $1.11

More details on our Analysts Page.