Guess? cuts FY25 outlook again as 'persistently slow …

Guess?, Inc. (NYSE:GES) shares are under heavy selling pressure late Tuesday as the company’s warning of persistently slow consumer traffic and another downward revisions to …

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Guess Cuts Fiscal-Year Sales Outlook, Hit By Slower Store …

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The apparel retailer on Tuesday said it now expects sales to rise 7.1% to 8.1% in fiscal 2025, down from a prior outlook of 9.5% to 11%. The company also sees earnings of 70 cents to 82 …

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Guess? Lags On Q2 Earnings, Cuts FY25 View On …

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Aug 29, 2024 · Gross margin contracted to 43.7% from 44.3% reported in the year-ago quarter. As a percentage of sales, SG&A expenses increased to 38.7% from 34.6% in the prior-year …

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Guess Shares Drop 14% As Retailer Cuts Revenue, Profit Outlook

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Nov 21, 2023 · Shares of Guess (GES) on Tuesday dropped 14% to $20.30 in after-hours trading after the company cut its revenue and profit outlooks for the year following a third-quarter …

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Guess?, Inc. Reports Fiscal Year 2025 Third Quarter Results

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3 hours ago · Outlook for Total Company 1. Fourth Quarter of Fiscal 2025. Fiscal 2025. Consolidated net revenue in U.S. dollars increase between 2.2% and 5.4% increase between …

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Fed Drives Global Push To Cut Rates Despite Questions …

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Sep 30, 2024 · Governor Lesetja Kganyago has remained resolute that future decisions will be data dependent. The central bank’s own forecasts show the policy rate declining to 7.17% by …

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Guess? Lags On Q2 Earnings, Cuts FY25 View On …

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Adjusted earnings from operations were $37.9 million, down 41.6% from $65 million reported in the year-ago quarter. The adjusted operating margin came in at 5.2%, down from 9.8% …

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Nestle Cuts Outlook Again After Sales Disappoint

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Oct 17, 2024 · Nestle cuts outlook again after sales disappoint The KitKat maker now expects underlying sales to rise by around 2% over the full year, below previous guidance for at least …

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FAQs about Guess? cuts FY25 outlook again as 'persistently slow … Coupon?

Why did guess cut its guidance for fiscal 2025?

Guess trimmed its guidance for the year after reporting that it swung to a loss in its fiscal third quarter on slower traffic trends across its store footprint in North America and Asia. The apparel retailer on Tuesday said it now expects sales to rise 7.1% to 8.1% in fiscal 2025, down from a prior outlook of 9.5% to 11%. ...

Why did guess cut its guidance?

Photo: valentyn ogirenko/Reuters Guess trimmed its guidance for the year after reporting that it swung to a loss in its fiscal third quarter on slower traffic trends across its store footprint in North America and Asia. ...

Why is my outlook for office running slow?

There are several reasons why your Outlook for office running slow. You can try some basic troubleshooting methods and check if it helps. A. Run an online repair (office). 1. Close all Office applications. 2. Search for the control panel in the search bar on the taskbar, and click enter. 3. Choose a category view. 4. ...

What happens if a lacklustre demand situation persists?

Should the current lacklustre demand situation persist, or worsen, pressure will increase on the world’s oldest central bank to move faster toward a rate level that doesn’t hold back growth. What Bloomberg Economics Says: ...

What is the outlook for underlying trading operating profit margin in 2024?

The group also trimmed its profitability forecast for underlying trading operating profit margin to around 17% in 2024, against previous guidance for a slight improvement on last year’s 17.3%. ...

Are consumers exhibiting recessionary shopping behaviors at the grocery store?

To some extent, consumers already are exhibiting some recessionary shopping behaviors at the grocery store, said Carman Allison, vice president of thought leadership for North America at consumer research firm NielsenIQ. Retailers are already bracing for a bumpy year ahead. ...