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Jan 28, 2023
Guess? Q4 2023 Earnings Report
Reported fourth quarter fiscal year 2023 results, with revenue up 2% and EPS of $1.42.
Key Takeaways
Guess?, Inc. reported a 2% increase in revenue to $818 million for the fourth quarter of fiscal year 2023. EPS reached $1.42 and adjusted EPS was $1.74. The company's performance was driven by strong results in Europe.
Revenues reached $818 million, up 2% in U.S. Dollars and up 8% in Constant Currency.
Delivered Operating Margin of 12.7%; Adjusted Operating Margin of 13.1%.
EPS of $1.42 and Adjusted EPS of $1.74.
Company expects revenue growth between 1.0% and 3.0% in U.S. Dollars and Operating Margin between 8.0% and 9.0% for full fiscal year 2024.
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
For fiscal year 2024, the company expects a low single digit revenue growth, a solid profit performance and strong cash flow generation.
Positive Outlook
- Expects Revenue Growth between 1.0% and 3.0% in U.S. Dollars
- Operating Margin between 8.0% and 9.0%
- GAAP EPS between $2.08 and $2.36
- Adjusted EPS between $2.45 and $2.80
- Net cash provided by operating activities $230 million
Challenges Ahead
- Consolidated net revenue in U.S. dollars decrease between 7.0% and 6.0% for the first quarter of fiscal year 2024
- GAAP operating margin (1.2)% to (0.5)% for the first quarter of fiscal year 2024
- GAAP diluted earnings (loss) per share $(0.25) to $(0.19) for the first quarter of fiscal year 2024
- Adjusted diluted earnings (loss) per share $(0.31) to $(0.25) for the first quarter of fiscal year 2024
- Purchases of property and equipment (74) million
Revenue & Expenses
Visualization of income flow from segment revenue to net income