NYSE$GES
Guess? Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Guess? reported mixed Q1 2024 results with revenue decline but exceeded expectations for revenues, operating margin, and EPS.
Guess? Inc. reported a decrease in revenue by 4% to $570 million, with a GAAP loss per share of $0.22 and an adjusted loss per share of $0.07. The company's international businesses showed strength, offsetting softness in the Americas Retail segment. Despite the revenue decrease, the company exceeded expectations for revenues, operating margin, and earnings per share.
- Revenues decreased 4% to $570 million, or 2% in constant currency.
- GAAP loss per share was $0.22, and adjusted loss per share was $0.07.
- International businesses were strong, offsetting weakness in Americas Retail.
- Company reaffirms positive outlook for fiscal year 2024 with revenue growth and strong cash flow generation.
Headline financials
Revenue & EPS history
Guess? · Revenue · Quarterly
$570M
Revenue by segment
Guess? · $570M total across 5 segments · Q1 2024
- Europe$280M+1.5%49.2%
- Americas Retail$144M-13.8%25.2%
- Asia$70.8M+25.9%12.4%
- Americas Wholesale$51.4M-24.8%9.0%
- Licensing$23.9M-9.5%4.2%
Forward guidance
The Company’s expectations for the second quarter and full fiscal year 2024 are as follows:
Tailwinds
- Expects Revenue Growth between 2.0% and 4.0% in U.S. Dollars
- Expects GAAP Operating Margins between 8.1% and 8.7%
- Expects Adjusted Operating Margins between 8.2% and 8.8%
- Expects GAAP EPS between $2.01 and $2.25
- Expects Adjusted EPS between $2.60 and $2.90
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 8 quarterly earnings reports
+2.5%
Avg return
Earnings day
+0.3%
Avg return
5 days after
-1.5%
Avg return
30 days after
54%
36 / 67 earnings
Positive
+39.0%
Q4 2020
Best reaction
-32.3%
Q1 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | +0.2% | +0.2% | -1.7% | |
| Q2 2026 | +0.2% | +0.2% | -0.8% | |
| Q1 2026 | +8.8% | +11.1% | +16.8% | |
| Q4 2025 | +9.8% | -13.7% | +13.5% | |
| Q3 2025 | -9.1% | -9.2% | -23.0% | |
| Q2 2025 | -3.3% | -2.3% | -5.3% | |
| Q1 2025 | -0.6% | -1.6% | -12.9% | |
| Q4 2024 | +24.5% | +17.8% | +1.9% | |
| Q3 2024 | -13.8% | — | — | |
| Q2 2024 | +26.9% | — | — | |
| Q1 2024 | +7.4% | — | — | |
| Q4 2023 | -2.5% | — | — | |
| Q3 2023 | +2.7% | — | — | |
| Q2 2023 | -2.3% | — | — | |
| Q1 2023 | +20.4% | — | — | |
| Q4 2022 | +15.6% | — | — | |
| Q3 2022 | +6.3% | — | — | |
| Q2 2022 | -2.1% | — | — | |
| Q1 2022 | -1.7% | — | — | |
| Q4 2021 | +5.9% | — | — | |
| Q3 2021 | +14.7% | — | — | |
| Q2 2021 | +11.2% | — | — | |
| Q1 2021 | -32.3% | — | — | |
| Q4 2020 | +39.0% | — | — | |
| Q3 2020 | +5.9% | — | — | |
| Q2 2020 | +29.4% | — | — | |
| Q1 2020 | -9.4% | — | — | |
| Q4 2019 | -14.3% | — | — | |
| Q3 2019 | +4.4% | — | — | |
| Q2 2019 | +4.6% | — | — | |
| Q1 2019 | -20.3% | — | — | |
| Q4 2018 | +32.9% | — | — | |
| Q3 2018 | -12.1% | — | — | |
| Q2 2018 | +20.1% | — | — | |
| Q1 2018 | +13.4% | — | — | |
| Q4 2017 | -10.3% | — | — | |
| Q3 2017 | -11.6% | — | — | |
| Q2 2017 | +14.5% | — | — | |
| Q1 2017 | -3.9% | — | — | |
| Q4 2016 | -15.9% | — | — | |
| Q3 2016 | +9.0% | — | — | |
| Q2 2016 | +12.0% | — | — | |
| Q1 2016 | +8.7% | — | — | |
| Q4 2015 | +13.2% | — | — | |
| Q3 2015 | -8.3% | — | — | |
| Q2 2015 | -9.5% | — | — | |
| Q1 2015 | -3.6% | — | — | |
| Q4 2014 | -5.1% | — | — | |
| Q3 2014 | -3.7% | — | — | |
| Q2 2014 | +13.2% | — | — | |
| Q1 2014 | +9.0% | — | — | |
| Q4 2013 | -6.5% | — | — | |
| Q3 2013 | +7.4% | — | — | |
| Q2 2013 | -21.6% | — | — | |
| Q1 2013 | +0.2% | — | — | |
| Q4 2012 | -1.0% | — | — | |
| Q3 2012 | -2.5% | — | — | |
| Q1 2011 | +1.6% | — | — | |
| Q2 2012 | +1.6% | — | — | |
| Q1 2012 | -0.8% | — | — | |
| Q4 2009 | -0.5% | — | — | |
| Q4 2011 | -0.5% | — | — | |
| Q3 2011 | -1.3% | — | — | |
| Q3 2010 | -1.3% | — | — | |
| Q2 2011 | +0.5% | — | — | |
| Q4 2010 | +0.5% | — | — | |
| Q2 2010 | +0.5% | — | — |
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