Guess? Q3 2023 Earnings Report
Key Takeaways
Guess? Inc. reported a decrease in revenue by 2% to $633.4 million, but an increase of 10% in constant currency. The company's GAAP EPS was $0.34 and adjusted EPS was $0.44. They are expecting fiscal year 2023 revenue growth of about 2.0% in U.S. dollars and 10.5% in constant currency.
Revenues reached $633 million, down 2% in U.S. dollars and up 10% in constant currency compared to Q3 Fiscal 2022.
Delivered Q3 Operating Margin of 8.6%; Adjusted Operating Margin of 9.1%.
Q3 EPS of $0.34 and Adjusted EPS of $0.44.
Expects Fiscal 2023 Revenue Growth of About 2.0% in U.S. Dollars, 10.5% in Constant Currency, and GAAP and Adjusted Operating Margins of 9.3% and 9.7%, Respectively.
Guess?
Guess?
Guess? Revenue by Segment
Guess? Revenue by Geographic Location
Forward Guidance
For the fourth quarter of fiscal 2023, Guess? expects revenues to be down around 3.5% in U.S. dollars (up 3.5% in constant currency) versus the fourth quarter of fiscal 2022. For the full fiscal 2023, they expect revenues to be up around 2.0% in U.S. dollars (10.5% in constant currency) versus fiscal 2022.
Revenue & Expenses
Visualization of income flow from segment revenue to net income