NYSE$GES
Guess? Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Significantly exceeded expectations despite pandemic challenges.
Guess? Inc. reported a decrease in revenues by 8% to $569 million in Q3 2021, but GAAP EPS more than doubled to $0.41 compared to $0.18 in Q3 2020. The company ended the quarter with $365 million in cash and cash equivalents, strategically managing working capital and investments.
- Doubled earnings per share versus last year.
- Significantly expanded operating margin despite a revenue decrease.
- Balance sheet is in great shape with $365 million in cash and equivalents.
- Inventories are 24% below last year’s levels.
Headline financials
Revenue & EPS history
Guess? · Revenue · Quarterly
$569M
Revenue by segment
Guess? · $569M total across 5 segments · Q3 2021
- Europe$322M+16.0%56.5%
- Americas Retail$130M-26.7%22.9%
- Asia$62M-24.7%10.9%
- Americas Wholesale$36M-36.2%6.3%
- Licensing$19.4M-12.5%3.4%
Forward guidance
Revenues in the fourth quarter of fiscal 2021 are expected to be down in the low to mid-twenties, impacted by lower customer traffic in stores related to the pandemic and temporary government-mandated store closures, especially in Europe and Canada, as well as permanent store closures.
Headwinds
- Lower customer traffic in stores related to the pandemic.
- Temporary government-mandated store closures, especially in Europe and Canada.
- Permanent store closures.
- A smaller percentage of the European wholesale Spring/Summer collection will be shipped in the fourth quarter.
- Strategic product development changes.
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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro