Guess? (NYSE:GES – Get Free Report) updated its first quarter earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $(0.74)-$(0.65) for the period, compared to the consensus estimate of ($0.23). The company issued revenue guidance of $626.23-636.29 million, compared to the consensus revenue estimate of $629.23 million. Guess? also updated its FY 2026 guidance to 1.320-1.760 EPS.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on GES. Telsey Advisory Group restated a “market perform” rating and issued a $13.00 target price on shares of Guess? in a research report on Friday. UBS Group decreased their price objective on Guess? from $15.00 to $12.00 and set a “neutral” rating on the stock in a report on Tuesday, March 11th.
Check Out Our Latest Research Report on GES
Guess? Stock Performance
Guess? (NYSE:GES – Get Free Report) last released its quarterly earnings data on Thursday, April 3rd. The company reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.07. Guess? had a return on equity of 23.29% and a net margin of 3.19%. The business had revenue of $932.25 million during the quarter, compared to analysts’ expectations of $916.75 million. During the same quarter last year, the business posted $2.01 EPS. The business’s revenue was up 4.6% on a year-over-year basis. As a group, equities analysts anticipate that Guess? will post 1.92 EPS for the current year.
Guess? Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, May 2nd. Stockholders of record on Wednesday, April 16th will be given a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $1.20 annualized dividend and a dividend yield of 11.00%. Guess?’s dividend payout ratio is 100.84%.
Guess? declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, March 25th that authorizes the company to buyback $200.00 million in outstanding shares. This buyback authorization authorizes the company to reacquire up to 38.5% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.
About Guess?
Guess?, Inc designs, markets, distributes, and licenses lifestyle collections of apparel and accessories for men, women, and children. It operates through five segments: Americas Retail, Americas Wholesale, Europe, Asia, and Licensing. The company’s clothing collection includes jeans, pants, skirts, dresses, shorts, blouses, shirts, jackets, activewear, knitwear, and intimate apparel.
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