Guess (GES) PT Raised to $46 at Jefferies

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Go back to Guess (GES) PT Raised to $46 at Jefferies

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

August 25, 2021 4:15 PM EDT

Q2 Fiscal 2022 Revenues Reached $629 Million, Up 58% Compared to Q2 Fiscal 2021, Down 8% Compared to Q2 Fiscal 2020

More than Doubled Operating Margin Versus the Pre-Pandemic Levels to Reach 13.9%

Q2 Earnings Per Share Increased by Over 2.5x Compared to Pre-Pandemic Levels to Finish at $0.91

Raising Full-Year Outlook for Operating Margin to 10.0%; Increasing Long-Term Operating Margin Goal to 12% and Adjusted Earnings Per Share to $3.50 by Fiscal 2024

Increases Share Repurchase Authorization to $200 Million

LOS ANGELES--(BUSINESS WIRE)-- Guess?, Inc. (NYSE:... More