Loading...
•
Jul 29, 2023
Guess? Q2 2024 Earnings Report
Guess? reported Q2 2024 results with revenue increase and exceeded expectations for top line growth and delivered a significant beat in operating earnings and earnings per share.
Key Takeaways
Guess? Inc. reported a 3% increase in revenue to $665 million for the second quarter of fiscal year 2024. The company's GAAP EPS was $0.59, and adjusted EPS was $0.72. The company raises full year fiscal 2024 outlook.
Revenues Increased to $665 Million, Up 3% in Both U.S. Dollars and Constant Currency
Delivered Operating Margin of 9.7%; Adjusted Operating Margin of 9.8%
GAAP EPS of $0.59 and Adjusted EPS of $0.72
Raises Full Year Fiscal 2024 Outlook: Expects Revenue Growth between 2.5% and 4.0% in U.S. Dollars
Guess?
Guess?
Guess? Revenue by Segment
Guess? Revenue by Geographic Location
Revenue by Segment
Europe Revenue
CapyFin.comAmericas Retail Revenue
CapyFin.comAmericas Wholesale Revenue
CapyFin.comAsia Revenue
CapyFin.comLicensing Revenue
CapyFin.comRevenue by Geographic Location
Europe Revenue
CapyFin.comAsia Revenue
CapyFin.com Forward Guidance
The Company’s expectations for the third quarter and full fiscal year 2024 are as follows: Expects Revenue Growth between 2.5% and 4.0% in U.S. Dollars GAAP and Adjusted Operating Margins between 8.9% and 9.3% and 9.0% and 9.4%, Respectively Expects GAAP EPS between $2.22 and $2.37 and Adjusted EPS between $2.88 and $3.08
Positive Outlook
- Consolidated net revenue in U.S. dollars increase between 2.5% and 4.0%
- GAAP operating margin 8.9% to 9.3%
- Adjusted operating margin 9.0% to 9.4%
- GAAP diluted EPS $2.22 to $2.37
- Adjusted diluted EPS $2.88 to $3.08
Revenue & Expenses
Visualization of income flow from segment revenue to net income