Guess? (GES) Misses Q1 EPS by 93c, Revenues Miss

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Guess?, Inc. Reports First Quarter Results

June 10, 2020 7:30 AM EDT

Preserved Liquidity and Reduced Cost Structure to Mitigate the Impact of the COVID-19 Crisis

Q1 Fiscal 2021 Revenues Decreased 52% to $260 Million; Decreased 50% in Constant Currency Driven by COVID-19 Related Store Closures

Q1 Fiscal 2021 GAAP Loss per Share of $2.40, Compared to $0.27 in Q1 Fiscal 2020; Q1 Fiscal 2021 Adjusted Loss per Share of $1.81, Compared to $0.25 in Q1 Fiscal 2020

LOS ANGELES--(BUSINESS WIRE)-- Guess?, Inc. (NYSE: GES) today reported financial results for its first quarter ended May 2, 2020.

Carlos Alberini, Chief Executive Officer,... More