Guess? (GES) Tops Q2 EPS by 6c

Guess? (NYSE: GES) reported Q2 EPS of $0.21, $0.06 better than the analyst estimate of $0.15. Revenue for the quarter came in at $546.3 million versus the consensus estimate of $537.61 million.

• Americas Retail revenues decreased 5%; retail comp sales including e-commerce decreased 3% in U.S. dollars and was flat in constant currency
• Europe revenues decreased 15% in U.S. dollars and increased 4% in constant currency
• Asia revenues decreased 12% in U.S. dollars and 6% in constant currency
• Americas Wholesale revenues decreased 15% in U.S. dollars and 9% in constant currency
• Operating earnings decreased 12%

Guess? sees Q3 2016 EPS of $0.08-$0.12, versus the consensus of $0.18.

Guess? sees FY2016 EPS of $0.89-$1.02, versus the consensus of $0.95.

For earnings history and earnings-related data on Guess? (GES) click here.

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