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Guess? (GES) Tops Q2 EPS by 9c, Comps Fall 10%

August 23, 2017 4:18 PM EDT

Guess? (NYSE: GES) reported Q2 EPS of $0.19, $0.09 better than the analyst estimate of $0.10. Revenue for the quarter came in at $574 million versus the consensus estimate of $559.05 million.

Retail comp sales including e-commerce decreased 10% in U.S. dollars and constant currency.

GUIDANCE:

Guess? sees Q3 2018 EPS of $0.08-$0.11, versus the consensus of $0.12.

Third Quarter of Fiscal 2018 Fiscal Year 20182
Consolidated net revenue in U.S. dollars increase between 4.0% and 6.0% increase between 6.0% and 7.5%
Consolidated net revenue in constant currency3 increase between 2.0% and 4.0% increase between 4.0% and 5.5%
Estimated impact of 53rd week on consolidated net revenue

increase of 1.0%
GAAP operating margin4 0.1% to 0.9% 2.4% to 2.8%
Adjusted operating margin5 2.2% to 3.0% 3.1% to 3.5%
Currency impact included in operating margin6 0 basis points 20 basis points
GAAP EPS4 ($0.07) to ($0.04) $0.34 to $0.42
Adjusted EPS5 $0.08 to $0.11 $0.52 to $0.60
Currency impact included in EPS6 $0.00 $0.02
Estimated impact of 53rd week on EPS

$0.03

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



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