Guess? (GES) Misses Q1 EPS by 4c; Issues Light EPS Guidance
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Jefferies Cuts Price Target on Guess? (GES) to $18 Following 1Q Miss
May 26, 2016 9:45 AM EDTJefferies maintained a Hold rating on Guess (NYSE: GES), and cut the price target to $18.00 (from $20.00), following the company's 1Q earnings report. Results missed expectations, driven by a weaker top-line, including NA comps of (4%) versus the Street of (1.6%). However, Europe was a bright spot,... More
