Welcome to our dedicated page for Guess? news (Ticker: GES), a resource for investors and traders seeking the latest updates and insights on Guess? stock.
Guess?, Inc. (GES), a globally recognized brand, started its journey in 1981 by selling its first pair of jeans to Bloomingdale's. Over the decades, Guess has evolved into one of the most influential apparel brands, known for its stylish and contemporary clothing and accessories.
The company's core business revolves around designing, marketing, distributing, and licensing modern apparel and accessories that blend European fashion with American lifestyle. Guess? Inc. manages a diversified portfolio of brands including Guess, Marciano, Guess Factory, and G by Guess. This ensures that they cater to a wide array of customers with varying tastes and preferences.
Guess? Inc. operates across five key segments: Americas Retail, Americas Wholesale, Europe, Asia, and Licensing. Notably, the United States remains its largest revenue market. The company's global footprint allows it to leverage diverse market dynamics and consumer behaviors, strengthening its competitive edge.
The company's workforce is its backbone, driving innovation and success. From visionary designers to strategic marketers, each team member contributes to maintaining the brand’s esteemed market position. Guess? Inc. is always on the lookout for passionate individuals to join their team and uphold their brand ethos.
Guess continues to thrive through strategic partnerships, innovative projects, and continuous market expansion. The company’s recent achievements include expanding its e-commerce presence and improving its sustainability efforts, which resonate well with today’s conscientious consumers.
Financially, Guess? Inc. maintains a robust position, reflecting strong revenue growth and a commitment to shareholder value. The company's strategic initiatives and solid financial foundations make it a noteworthy player in the fashion industry.
For investors and enthusiasts, Guess? Inc. represents a blend of legacy, innovation, and market resilience. Stay updated with the latest news and developments as the company continues to shape the future of fashion.
Guess? reported a strong first quarter for fiscal 2022, ending May 1, 2021, with revenues of $520 million, a 99.8% increase from $260.3 million in the prior year. The operating margin rose to 5.1%, up from negative 62.4%. Net earnings reached $12 million, marking a 107.6% improvement from a loss of $157.7 million a year earlier. Adjusted earnings per share were reported at $0.21, significantly higher than a loss of $1.81 in Q1 fiscal 2021. The company anticipates an 8.6% operating margin for the full fiscal year, indicating a positive outlook amid ongoing COVID-19 challenges.
Guess?, Inc. (NYSE: GES) will report its financial results for Q1 FY 2022 on May 27, 2021. The results cover the period ending May 1, 2021. A conference call to discuss the results will be held at 4:45 p.m. (ET) and will be accessible via webcast on the company's investor relations page. Guess?, Inc. operates 1,046 retail stores globally, with an additional 524 operated by partners and distributors, reaching approximately 100 countries. For further details, visit www.guess.com.
GUESS has launched the Safe Spaces/Model2Model Program to support the personal and professional development of its models, focusing on skill-based training, mentorship, and mental health resources. Administered by model Xian Mikol and advised by victim’s rights attorney Micha Star Liberty, this initiative aims to tailor support for individual needs. In partnership with the Violence Intervention Program, models will gain access to vital community services, with plans to extend support to the broader GUESS family in the future.
GUESS is launching a colorful capsule collection in collaboration with FriendsWithYou, featuring global music superstar J Balvin. Available starting April 15, 2021, the collection includes vibrant pieces for men, women, and kids, emphasizing positivity and happiness through unique designs. With cloud motifs and a rainbow color palette, the collection showcases GUESS's creative approach to fashion. FriendsWithYou aims to spread a message of connection and joy, aligning with GUESS's vision to inspire customers through artistic expression.
Guess? reported its financial results for Q4 and fiscal year ended January 30, 2021. Despite challenges from the pandemic, the company achieved earnings per share of $1.07, down from $1.18 a year ago. Q4 net revenue decreased 23% to $648.5 million. The CEO expressed confidence in the company’s strategic plan, targeting net revenues of $2.9 billion and an operating margin of 10% by fiscal 2025. The Board approved a quarterly dividend of $0.1125 per share. For FY 2021, Guess incurred a net loss of $81.2 million compared to a profit of $96 million in FY 2020.
Guess?, Inc. (NYSE: GES) will announce its fourth-quarter and fiscal year 2021 financial results on March 31, 2021, at 4:45 p.m. ET. The report will cover the period ending January 30, 2021. A conference call will discuss the results and update the company's strategic plan. The live webcast and presentation materials will be available on their website, with an archived version accessible for one year. Guess?, Inc. operates over 1,600 retail stores worldwide and offers a range of products through its own stores and partners.
GUESS has partnered with fitness influencer Jen Selter to promote its Spring 2021 Activewear collection. Known for her motivational social media presence, Selter aims to inspire young women to embrace fitness and well-being. The collection features high-performance activewear, including sports bras, leggings, and zip jackets designed with comfort and functionality in mind. The campaign, photographed in El Mirage Dry Lake, CA, showcases various outfits that can be mixed and matched. Images from the campaign will be available on GUESS website and social media platforms starting February 2021.
Guess? (NYSE: GES) will present at the 23rd Annual ICR XChange Conference on January 11, 2021, at 11:30 a.m. ET. Key executives including CEO Carlos Alberini and CFO Katie Anderson will be in attendance. The event will be available via live webcast for 30 days post-conference. Guess? offers a diverse lifestyle collection encompassing apparel, denim, and accessories, operating 1,068 retail stores across the Americas, Europe, and Asia, plus 536 additional partner stores. The company operates in approximately 100 countries globally.
Guess? reported its third-quarter results for the period ending October 31, 2020, revealing a 7.6% decrease in net revenue to $569.3 million. Despite this decline, net earnings surged 112.3% to $26.4 million, with diluted earnings per share increasing 127.8% to $0.41. The company’s cash reserves stood at $365 million, and inventory levels were 24% lower than the previous year. CEO Carlos Alberini expressed optimism for the holiday season, citing strong management and a robust balance sheet, although COVID-related challenges persist, especially in Europe.
Guess?, Inc. (NYSE: GES) is set to announce its financial results for the third quarter of fiscal year 2021 on December 2, 2020. The company will hold a conference call at 4:45 p.m. ET to discuss these results. As of August 1, 2020, Guess? operates 1,084 retail stores and has 538 additional stores through partners globally. Their products include apparel, denim, handbags, and more, distributed through branded stores and department outlets worldwide. Visit www.guess.com for further details.
FAQ
What is the current stock price of Guess? (GES)?
What is the market cap of Guess? (GES)?
What does Guess?, Inc. specialize in?
When was Guess?, Inc. founded?
What are the key market segments of Guess?, Inc.?
What is the largest revenue market for Guess?, Inc.?
What brands are included in the Guess?, Inc. portfolio?
How does Guess?, Inc. maintain its market position?
What recent achievements has Guess?, Inc. accomplished?
Is Guess?, Inc. a good investment?
What opportunities are available at Guess?, Inc.?
Why is Guess?, Inc. influential in the fashion industry?
