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Guess? Inc. (GES)

- NYSE
  • Wed, Aug. 26, 5:35 PM
    • Top gainers, as of 5.25 p.m.: NQ +22.0%. NOK +9.0%. EDAP +8.7%. GPS +5.5%. PSEC +4.0%.
    • Top losers, as of 5.25p.m.: VNET -7.4%. WSM -6.1%. TLYS -5.7%. GES -4.7%. RJET -3.3%.
    | 12 Comments
  • Wed, Jul. 15, 9:32 AM
    • Jefferies backs a Hold rating on Guess (NYSE:GES) following an announcement last night from the company on a CEO transition.
    • Telsey Advisory Group upgraded the retailer to Market Perform from Underperform.
    • Wunderlich Securities raised its price target on Guess to $24 from $22.
    • Shares of Guess are up 7.2% in early trading.
    • Previously: Marciano stepping down as Guess' CEO; replacement named (Jul. 14 2015)
    | Comment!
  • Wed, Jul. 15, 9:15 AM
    | 4 Comments
  • Mon, Jul. 6, 2:23 PM
    • Believing European store trends are improving, Piper's Erinn Murphy has upgraded Guess (NYSE:GES) to Neutral, and hiked her target by $3.50 to $20.00.
    • Murphy:  "We are upgrading shares of GES from Underweight to Neutral following meetings and store checks in Europe (34% of sales) that suggest to us that recent trends are improving against broader European recovery. While we still believe trends in North America retail (43% of sales) have been volatile and new product strategies still need to be proven in 2H, we believe downside to GES shares is limited given the optics around Europe and the region's underlying margin implications."
    • Her FQ2 (July quarter) EPS estimate has been raised by $0.02 to $0.16; consensus is at $0.15. Murphy still wants more clarity on Guess' ability to deliver a sustainable recovery in North American margins before becoming more positive long-term.
    | Comment!
  • Tue, Jun. 2, 1:17 PM
    • Retail chain stocks are putting in some strong gains despite a soft read earlier in the day from Redbook on sales.
    • PVH issued a strong report last night which helped push the sector in the right direction, but there also appears to be some speculative buying on some names in the sector after Macy's was reported to be under pressure to explore REIT options.
    • Previously: Macy's hearing from hedge funds on real estate assets
    • Gainers: Guess (NYSE:GES) +5.1%, Tilly's (NYSE:TLYS) +4.4%, Abercrombie & Fitch (NYSE:ANF) +5.7%, Kohl's (NYSE:KSS) +1.6%, J.C. Penney (NYSE:JCP) +2.9%, Bon-Ton Stores (NASDAQ:BONT) +4.6%, Stein Mart (NASDAQ:SMRT) +2.7%, Sears Hometown and Outlet Stores (NASDAQ:SHOS) +2.4%, Conn's (NASDAQ:CONN) +5.8%, Best Buy (NYSE:BBY) +1.7%, hhgregg (NYSE:HGG) +2.8%.
    | 11 Comments
  • Wed, May 27, 10:07 AM
    • Select high-end retailers are trading weaker after reports from Michael Kors and Movado rattle the sector.
    • Though Tiffany is ripping up a double-digit gain on the day, analysts note the earnings beat came off of a lowered bar.
    • Decliners: Fossil (NASDAQ:FOSL) -5.3%, Kate Spade (NYSE:KATE) -1.9%, Vera Bradley (NASDAQ:VRA) -1.9%, Tum Huldings (NYSE:TUMI) -1.0%, Guess (NYSE:GES) -0.3%, Coach -5.5%.
    • The PowerShares Dynamic Leisure and Entertainment ETF (NYSEARCA:PEJ) is slightly trailing broader market averages.
    • Previously: F/X clips results at Movado
    • Previously: Light guidance from Michael Kors
    | 4 Comments
  • Thu, Mar. 19, 12:47 PM
    | 5 Comments
  • Thu, Mar. 19, 9:16 AM
    | Comment!
  • Wed, Mar. 18, 5:48 PM
    • With forex expected to provide a 9% headwind, Guess (NYSE:GES) expects FQ1 revenue to be down 7%-8% Y/Y; consensus is for a 6% drop. FY16 (ends Jan. '16) revenue is expected to fall 7%-9% Y/Y (worse than a -2.5% consensus), with forex providing an 8% headwind.
    • The apparel retailer expects FQ1 EPS of -$0.03 to -$0.06 (-$0.03 consensus) and FY16 EPS of $0.75-$0.95 ($1.04 consensus).
    • North American retail revenue fell 3.7% Y/Y in FQ4 to $317M, with comps falling 5%. European revenue fell 16.1% (5.3% in constant currency) to $240.9M, and Asian revenue 9.1% (7% in constant currency) to $75.4M. North American wholesale revenue fell 10.2% to $36.6M, and licensing revenue 5.8% to $26.8M. E-commerce revenue grew 37%.
    • Gross margin fell 190 bps Y/Y to 37.4%.  SG&A spend fell by $9.5M to $187.8M (boosted EPS), but totaled 26.9% of revenue vs. 25.7% a year ago.
    • Shares have jumped to $18.80 AH. They made a new 52-week low of $16.61 in regular trading earlier today.
    • FQ4 results, PR
    | Comment!
  • Wed, Mar. 18, 5:43 PM
    • Top gainers, as of 5:15 p.m.: GES +12.8%. SCVL +9.4%. NQ +8.9%. CANF +8.2%. SBLK +4.5%.
    • Top losers, as of 5:15 p.m.:ANTH -3.4%HTA -3.26%. LYB -3.1%. EMC -3.0%. WSM -2.8%.
    | 5 Comments
  • Wed, Mar. 18, 4:18 PM
    • Guess (NYSE:GES): Q4 EPS of $0.63 beats by $0.06.
    • Revenue of $696.72M (-9.3% Y/Y) misses by $7.87M.
    • Shares +10.51%.
    • Press Release
    | 1 Comment
  • Wed, Mar. 18, 4:15 PM
    • Guess (NYSE:GES) reports revenue at its North American segment fell 4% in Q4.
    • The N.A. comp was -5%.
    • Sales in Europe fell 16% with F/X a major factor.
    • Revenue is Asia was off 9%.
    • E-commerce sales were up 37% Y/Y during the quarter.
    • Guidance: Guess expects revenue to grow 1% to 2% for Q1 of FY16 in constant currency, although a massive 9 percentage point negative impact from F/X is seen taking growth negative.
    • GES +9.1% after hours.
    | 1 Comment
  • Mon, Feb. 2, 7:37 AM
    • Shares of Guess (NYSE:GES) trade lower after Evercore ISI downgrades the retailer to a Sell rating from Hold.
    • GES -1.1% premarket.
    | Comment!
  • Dec. 4, 2014, 10:41 AM
    • A weak read from Guess (GES -8.4%) on Q4 trends sours the mood of investors on the stock.
    • The company says sales in North America have weakened.
    • New Q4 EPS guidance from Guess of $0.53-$0.63 is below the consensus estimate of analysts at $0.69.
    | Comment!
  • Oct. 17, 2014, 9:48 AM
    • A warning from Urban Outfitters (URBN -15%) on Q3 sales and margin rates is impacting peers in the teen-oriented specialty retail sector.
    • A number of investment firms are readjusting estimates and ratings based on the development at the retailer.
    • Decliners: American Eagle Outfitters (NYSE:AEO) -3.5%, Abercrombie & Fitch (NYSE:ANF) -4.4%, Guess (NYSE:GES) -1.7%, Express (NYSE:EXPR) -2.1%, Aeropostale (NYSE:ARO) -1.0%.
    | Comment!
  • Aug. 28, 2014, 12:46 PM
    | Comment!
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Company Description
Guess? Inc designs, markets, distributes and licenses a lifestyle collection of contemporary apparel and accessories for men, women and children that reflect the American lifestyle and European fashion sensibilities.
Sector: Services
Industry: Apparel Stores
Country: United States