Guess? (GES) Misses Q3 EPS by 13c, Offers Guidance

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

November 21, 2023 4:15 PM EST

Third Quarter Fiscal 2024 Results:
Revenues Increased to $651 Million, Up 3% in U.S. Dollars and 1% in Constant Currency
Delivered Operating Margin of 8.4%; Adjusted Operating Margin of 8.9%
GAAP EPS of $0.82 and Adjusted EPS of $0.49

Lowers Full Year Fiscal 2024 Outlook:
Expects Revenue Growth between 1.8% and 2.4% in U.S. Dollars
GAAP and Adjusted Operating Margins between 8.7% and 8.9% and 8.9% and 9.1%, Respectively
Expects GAAP EPS between $2.49 and $2.55 and Adjusted EPS between $2.67 and $2.74

LOS ANGELES--(BUSINESS WIRE)-- Guess?, Inc. (NYSE: GES) today reported financial results for... More