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Oct 28, 2023
Guess? Q3 2024 Earnings Report
Guess? reported third quarter fiscal year 2024 results
Key Takeaways
Guess? Inc. reported a 3% increase in revenues to $651 million, with GAAP EPS of $0.82 and adjusted EPS of $0.49. The company delivered an operating margin of 8.4%, with an adjusted operating margin of 8.9%. The company has lowered full year fiscal 2024 outlook, expecting revenue growth between 1.8% and 2.4%.
Revenues increased to $651 million, up 3% in U.S. dollars and 1% in constant currency.
Delivered operating margin of 8.4%; adjusted operating margin of 8.9%.
GAAP EPS of $0.82 and adjusted EPS of $0.49.
Lowered full year fiscal 2024 outlook, expecting revenue growth between 1.8% and 2.4%.
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 fourth quarter and full fiscal year 2024 are as follows: Consolidated net revenue in U.S. dollars increase between 1.8% and 2.4%. GAAP operating margin between 8.7% to 8.9%. Adjusted operating margin between 8.9% to 9.1%. GAAP diluted EPS $2.49 to $2.55. Adjusted diluted EPS $2.67 to $2.74
Positive Outlook
- Consolidated net revenue in U.S. dollars increase between 1.8% and 2.4%.
- GAAP operating margin between 8.7% to 8.9%.
- Adjusted operating margin between 8.9% to 9.1%.
- GAAP diluted EPS $2.49 to $2.55.
- Adjusted diluted EPS $2.67 to $2.74.
Revenue & Expenses
Visualization of income flow from segment revenue to net income