Guess? surges after beating expectations on revenue and profit

Go back to Guess? surges after beating expectations on revenue and profit

Guess?, Inc. Reports Fiscal Year 2024 Second Quarter Results

August 23, 2023 4:15 PM EDT

Second Quarter Fiscal 2024 Results:
Revenues Increased to $665 Million, Up 3% in Both U.S. Dollars and Constant Currency
Delivered Operating Margin of 9.7%; Adjusted Operating Margin of 9.8%
GAAP EPS of $0.59 and Adjusted EPS of $0.72

Raises Full Year Fiscal 2024 Outlook:
Expects Revenue Growth between 2.5% and 4.0% in U.S. Dollars
GAAP and Adjusted Operating Margins between 8.9% and 9.3% and 9.0% and 9.4%, Respectively
Expects GAAP EPS between $2.22 and $2.37 and Adjusted EPS between $2.88 and $3.08

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