Guess? Weighed Down by US Weakness, FX Headwinds, UBS Says

Nov 19, 2024 · Guess? Weighed Down by US Weakness, FX Headwinds, UBS Says Nov. 19: MT UBS Adjusts Guess? Price Target to $18 From $22, Maintains Neutral Rating Nov. 19: MT …

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$18
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Guess? Weighed Down By US Weakness, FX Headwinds, UBS Says

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Nov 19, 2024 · Guess? Weighed Down by US Weakness, FX Headwinds, UBS Says Nov. 19: MT UBS Adjusts Guess? Price Target to $18 From $22, Maintains Neutral Rating Nov. 19: MT …

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1%
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Guess Q3: Weakness In America And Asia Appears Structural

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Because of the weakness in Asia and the Americas, Guess was forced to cut guidance. Guess is now expecting revenue growth of 7.1-8.1%, a 6.2-6.5% operating margin, and adjusted EPS of …

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$0.34
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Guess? Fiscal Q3 Adjusted Earnings Decline ... - MarketScreener.com

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1 day ago · -- Guess? reported fiscal Q3 adjusted earnings late Tuesday of $0.34 per diluted share, down from $0.49 a year earlier. ... Guess? Weighed Down by US Weakness, FX …

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$18
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Guess?, Inc. Reports Fiscal Year 2025 Third Quarter Results

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1 day ago · Weighed Down by US Weakness, FX Headwinds, UBS Says MT Nov. 19: UBS Adjusts Guess? Price Target to $18 From $22, Maintains Neutral Rating MT Summary ...

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$18
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FY2024 GUESS ESG INTERIM REPORT - MarketScreener

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Oct 31, 2024 · Guess? Weighed Down by US Weakness, FX Headwinds, UBS Says Nov. 19: MT UBS Adjusts Guess? Price Target to $18 From $22, Maintains Neutral Rating Nov. 19: MT …

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$1.85
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(GES) GUESS? Sees Fiscal Year 2025 EPS Range $1.85 - $2.00

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1 day ago · Guess? Weighed Down by US Weakness, FX Headwinds, UBS Says Nov. 19: MT UBS Adjusts Guess? Price Target to $18 From $22, Maintains Neutral Rating Nov. 19: MT …

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FAQs about Guess? Weighed Down by US Weakness, FX Headwinds, UBS Says Coupon?

Why did guess cut guidance after Q2?

Because of the weakness in Asia and the Americas, Guess was forced to cut guidance. Guess is now expecting revenue growth of 7.1-8.1%, a 6.2-6.5% operating margin, and adjusted EPS of $1.85-$2.00. Guess I would note that management also lowered guidance after Q2to ~$2.55 in EPS and a 7.3-7.8% operating margin. ...

Why did guess cut guidance?

Licensing margins remain very strong at 91.8%. Because it is so high margin, licensing is 38% of profits but just 5% of sales. Ultimately, its core retail business is the primary driver of results, but this provides helpful, recurring cash flow. Because of the weakness in Asia and the Americas, Guess was forced to cut guidance. ...

Why is guess struggling?

Despite strong European sales, Guess faces margin pressure due to high inventories and markdowns, leading to a reduced operating margin and earnings. Management's repeated guidance cuts and over-ordering issues indicate a lack of control over business dynamics, raising concerns about future performance. ...

How did guess perform in the third quarter?

Seeking Alpha In the company’s third quarter, Guess earned $0.34 in adjusted EPS as revenue rose by 13% to $739 million This missed consensusby $0.03 as revenue was $9 million short. It is important to note Guess’s Rag & Bone acquisition was completed in April, which explains the reported revenue growth. ...

Why have guess shares underperformed?

Play(11min) Summary Guess shares have underperformed, dropping 20% in the past year and another 10% after disappointing Q3 results, highlighting ongoing struggles in the US and Asia. Despite strong European sales, Guess faces margin pressure due to high inventories and markdowns, leading to a reduced operating margin and earnings. ...

Should you buy anthonyrosenberg shares of guess?

While the balance sheet remains solid and the dividend is likely safe, I maintain a "hold" rating, with a potential sell if shares rebound to $18. AnthonyRosenberg Shares of Guess?, Inc. (NYSE:GES) have been a poor performer over the past year, losing 20% of their value as the company has struggled with a somewhat sluggish consumer environment. ...