Guess Inc.

NYSE:GES   3:59:55 PM EDT
17.05
-0.18 (-1.04%)
Other Pre-Announcement

Guess?, Inc. Reports Fiscal Year 2023 First Quarter Results

Published: 05/25/2022 21:44 GMT
Guess Inc. (GES) - Guess?, Inc. Reports Fiscal Year 2023 First Quarter Results.
Q1 GAAP Earnings per Share $0.12.
Q1 Revenue Rose 14 Percent to $593.5 Million.
Q1 Adjusted Earnings per Share $0.24.
Guess Inc - Expects Fiscal 2023 Revenue Growth of About 4% in U.S. Dollars, 10% in Constant Currency.
Guess Inc - Entered Into $175 Million Accelerated Share Repurchase Arrangement.
Guess Inc - Expects Fiscal 2023 GAAP and Adjusted Operating Margins of 10.1% and 10.3%, Respectively.
Q1 Earnings per Share View $0.29, Revenue View $584.4 Million -- Refinitiv Ibes Data (analyst estimates).
Guess Inc - for Q2 Fiscal 2023 Expect Revenue to Be Up Around 1% in U.S. Dollars (8% in Constant Currency).
Guess Inc - Approved a Quarterly Cash Dividend of $0.225 per Share on the Company’s Common Stock.
Guess Inc - Dividend Will Be Payable on June 24, 2022 to Shareholders of Record As of the Close of Business on June 8, 2022.