Guess? (GES) Misses Q3 EPS by 11c, Revenues Beats; Guides FY EPS Below the Street

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Guess?, Inc. Reports Fiscal Year 2023 Third Quarter Results

November 22, 2022 4:15 PM EST

Q3 Fiscal 2023 Revenues Reached $633 Million, Down 2% in U.S. Dollars and Up 10% in Constant Currency Compared to Q3 Fiscal 2022

Delivered Q3 Operating Margin of 8.6%; Adjusted Operating Margin of 9.1%

Q3 EPS of $0.34 and Adjusted EPS of $0.44

Expects Fiscal 2023 Revenue Growth of About 2.0% in U.S. Dollars, 10.5% in Constant Currency, and GAAP and Adjusted Operating Margins of 9.3% and 9.7%, Respectively

Expects Fiscal 2023 GAAP EPS of $1.82 and Adjusted EPS of $2.35

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