NYSE$GES

Guess? Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Second quarter results were impacted by COVID-19 crisis.

Guess?, Inc. reported a decrease in revenues by 42% to $399 million due to COVID-19 related store closures and lower demand. The company reported a GAAP loss per share of $0.31 and an adjusted loss per share of $0.01.

  • Q2 Fiscal 2021 Revenues Decreased 42% to $399 Million; Decreased 41% in Constant Currency Driven by COVID-19 Related Store Closures and Lower Demand
  • Q2 Fiscal 2021 GAAP Loss per Share of $0.31, Compared to GAAP EPS of $0.35 in Q2 Fiscal 2020
  • Q2 Fiscal 2021 Adjusted Loss per Share of $0.01, Compared to Adjusted EPS of $0.38 in Q2 Fiscal 2020
  • Resumed its Quarterly Cash Dividend Program, Declaring a Cash Dividend of $0.1125 per Share on the Company’s Common Stock

Headline financials

Total Revenue

$399M

Previous: $683M-41.7%
EPS (adj)

-$0.01

Previous: $0.38-102.6%
Total Stores

1.6K

No prior period
Capital Expenditures

-$10.1M

Previous: -$34.6M+70.8%
Free Cash Flow

$30.6M

Previous: -$57.5M+153.2%
Net Income

-$20.4M

Previous: $25.3M-180.4%
Operating Income

-$14.3M

Previous: $46M-131.2%
Gross Profit

$147M

Previous: $266M-44.7%
Cash & Equivalents

$328M

Previous: $131M+150.2%
Total Assets

$2.31B

Previous: $2.4B-3.8%
Stock-Based Comp

$4M

Previous: $4.99M-19.7%

Revenue & EPS history

Guess? · Revenue · Quarterly

$399M

Q2 2021-41.7%vs Q2 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Guess? · $399M total across 5 segments · Q2 2021

  • Europe
    $206M-39.5%
  • Americas Retail
    $110M-44.7%
  • Asia
    $50.2M-39.7%
  • Americas Wholesale
    $20.3M-51.6%
  • Licensing
    $12.1M-34.5%

Forward guidance

Company expects revenues for the third and fourth quarters of fiscal 2021 to decrease in the mid-teens range.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 8 quarterly earnings reports

Historical avg

+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

Earnings price reactions
QuarterReport dateReaction (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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