Aug 01, 2020

Guess? Q2 2021 Earnings Report

Second quarter results were impacted by COVID-19 crisis.

Key Takeaways

Guess?, Inc. reported a decrease in revenues by 42% to $399 million due to COVID-19 related store closures and lower demand. The company reported a GAAP loss per share of $0.31 and an adjusted loss per share of $0.01.

Q2 Fiscal 2021 Revenues Decreased 42% to $399 Million; Decreased 41% in Constant Currency Driven by COVID-19 Related Store Closures and Lower Demand

Q2 Fiscal 2021 GAAP Loss per Share of $0.31, Compared to GAAP EPS of $0.35 in Q2 Fiscal 2020

Q2 Fiscal 2021 Adjusted Loss per Share of $0.01, Compared to Adjusted EPS of $0.38 in Q2 Fiscal 2020

Resumed its Quarterly Cash Dividend Program, Declaring a Cash Dividend of $0.1125 per Share on the Company’s Common Stock

Total Revenue
$399M
Previous year: $683M
-41.7%
EPS
-$0.01
Previous year: $0.38
-102.6%
Stores operated
1.62K
Gross Profit
$147M
Previous year: $266M
-44.7%
Cash and Equivalents
$328M
Previous year: $131M
+150.2%
Free Cash Flow
$98.1M
Previous year: $56.9M
+72.6%
Total Assets
$2.31B
Previous year: $2.4B
-3.8%

Guess?

Guess?

Guess? Revenue by Segment

Guess? Revenue by Geographic Location

Forward Guidance

Company expects revenues for the third and fourth quarters of fiscal 2021 to decrease in the mid-teens range.

Revenue & Expenses

Visualization of income flow from segment revenue to net income