Guess? (GES) Reports In Line Q4 EPS, Provides Outlook, Expands Share Repurchase by $100 Million
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Guess?, Inc. Reports Fiscal Year 2022 Fourth Quarter Results
March 16, 2022 4:15 PM EDTQ4 Fiscal 2022 Revenues Reached $800 Million, Up 23% Compared to Q4 Fiscal 2021
Delivered Q4 Operating Margin of 15.7%
Q4 EPS of $1.04 and Adjusted EPS of $1.14
FY2022 Revenues Reached $2.59B, Up 38% Compared to FY2021
FY2022 Operating Margin of 11.8% and Adjusted Operating Margin of 12.0%
FY2022 EPS of $2.57 and Adjusted EPS of $2.92
Expects Low-Single Digit Revenue Growth and 10.5% Operating Margin for FY2023
Intends to Enter Into $175 Million Accelerated Share Repurchase Arrangement
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