Guess?, Inc. and WHP Global Complete the Acquisition of rag & bone Guess?, Inc. Announces $50 Million Expansion of its Existing Asset-Based Revolving Credit Facility
Guess?, Inc. (GES)
Last guess?, inc. earnings: 3/18 04:15 pm
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US:NYSE Investor Relations:
investors.guess.com/financial-information/quarterly-results
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Source: Business Wire
LOS ANGELES & NEW YORK--(BUSINESS WIRE)--Guess?, Inc. (NYSE: GES) and global brand management firm WHP Global today announced that they have completed the previously announced acquisition of New York based fashion brand rag & bone.Under the terms of the transaction, Guess? has contributed $57.1 million towards the purchase of rag & bone, in addition to contributions from WHP Global. As a result, Guess? now owns all of the rag & bone operating assets, and Guess? and WHP Global jointly own the rag & bone intellectual property.In connection with the closing of the acquisition, Guess? has entered into an agreement with the lenders of its existing $150 million asset-based revolving credit facility to increase the borrowing capacity under the facility by $50 million to a total of $200 million.For additional information on the acquisition of rag & bone, please read the announcement press release here.About GUESS?, Inc.Guess?, Inc. designs, markets, distributes and licenses a lifestyle c
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GES
News
- Guess?, Inc. (NYSE: GES) had its "buy" rating re-affirmed by analysts at B. Riley. They now have a $37.00 price target on the stock, up previously from $33.00.MarketBeat
- Guess?, Inc. Announces Issuance of Approximately $12.1 Million of Additional 3.75% Convertible Notes Due 2028 and Retirement of Approximately $14.6 Million of Existing 2.00% Convertible Notes Due 2024Business Wire
- Guess?, Inc. Board Authorizes New $200 Million Share Repurchase ProgramBusiness Wire
- Guess?, Inc. (NYSE: GES) had its price target raised by analysts at UBS Group AG from $26.00 to $32.00. They now have a "neutral" rating on the stock.MarketBeat
- Guess?, Inc. (NYSE: GES) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
GES
Earnings
- 3/20/24 - Beat
GES
Sec Filings
- 4/22/24 - Form PRE
- 4/11/24 - Form 8-K
- 4/9/24 - Form 4
- GES's page on the SEC website