GES Earnings Prediction
The chart below shows how GES performed 10 days before and after its earnings report, based on data from the past quarters. Typically, GES sees a +2.27% change in stock price 10 days leading up to the earnings, and a +2.86% change 10 days following the report. On the earnings day itself, the stock moves by -0.49%. This data can give you a slight idea of what to expect for the next quarter's release.
GES Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
738.52M
13.41%
0.81%
Gross Margin
43.58%
-2.53%
-0.21%
Operating Margin
5.77%
-34.13%
9.28%
Net Margin
-2.81%
-130.85%
138.14%
EPS
-0.62
-175.61%
72.22%
No Data Available
GES Earnings Analysis
Guess?, Inc. Corporation (GES.N) Earnings Conference Call
Positive
Q3 Revenue Surge: Revenue increased by 13% in Q3, reaching $739 million, driven primarily by the addition of Rag & Bone.
Segment Revenue Performance: All operating segments posted revenue growth, with the exception of licensing, which was flat due to internalizing outerwear.
Americas Wholesale Sales Surge: In the Americas wholesale business, sales increased roughly 25%, benefiting from internalizing outerwear.
European Retail Sales Performance: In European retail, we experienced a similar sales trend as in the second quarter, performing at the lower end of expectations, but overcame softer store traffic with stronger conversion and higher AURs, yielding a positive comp.
Inventory Increase Analysis: We ended the quarter with $676 million in inventory, up 20% from a year ago, reflecting the addition of Rag & Bone's inventory, which we did not own last year.
Negative
Revenue Growth Below Expectations: Revenue growth was only 13%, reaching $739 million, slightly lower than expected due to a stronger US dollar than anticipated.
Licensing Revenue Stability: Licensing revenue was flat as a result of internalizing outerwear, which negatively impacted overall performance.
Revenue Performance Challenges: The core Guess business revenue performance was at the low end of expectations, indicating challenges in meeting growth targets.
Operating Margin Decline: Operating margin decreased by 310 basis points to 5.8%, reflecting higher SG&A expenses and lower gross margins.
Earnings Per Share Decline: Adjusted earnings per share was $0.34, down from $0.49 in the same quarter last year, indicating a decline in profitability.
