Guess? (GES) Tops Q1 EPS by 40c

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Guess?, Inc. Reports Fiscal Year 2022 First Quarter Results

May 27, 2021 4:15 PM EDT

Sequential Improvement in Sales Trends with Q1 Fiscal 2022 Revenues of $520 Million

Increased 100% Compared to Q1 Fiscal 2021 Decreased 3% Compared to Q1 Fiscal 2020 Increased 90% in Constant Currency Compared to Q1 Fiscal 2021 Decreased 5% in Constant Currency Compared to Q1 Fiscal 2020

Operating Margin Substantially Exceeding Pre-Pandemic Levels: Q1 Fiscal 2022 Operating Margin of 5.1% and Adjusted Operating Margin of 5.0%

Compared to Q1 Fiscal 2021 Operating Margin of Negative 62.4% and Adjusted Operating Margin of Negative 41.7% Compared to Q1 Fiscal 2020 Operating Margin of Negative 4.6% and... More