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Stock impact report

Guess?, Inc. Reports Fiscal Year 2023 Third Quarter Results

Guess?, Inc. (GES) 
Last guess?, inc. earnings: 3/18 04:15 pm Check Earnings Report
Company Research Source: Business Wire
Q3 Fiscal 2023 Revenues Reached $633 Million, Down 2% in U.S. Dollars and Up 10% in Constant Currency Compared to Q3 Fiscal 2022Delivered Q3 Operating Margin of 8.6%; Adjusted Operating Margin of 9.1%Q3 EPS of $0.34 and Adjusted EPS of $0.44Expects Fiscal 2023 Revenue Growth of About 2.0% in U.S. Dollars, 10.5% in Constant Currency, and GAAP and Adjusted Operating Margins of 9.3% and 9.7%, RespectivelyExpects Fiscal 2023 GAAP EPS of $1.82 and Adjusted EPS of $2.35 LOS ANGELES--(BUSINESS WIRE)--Guess?, Inc. (NYSE: GES) today reported financial results for its third quarter ended October 29, 2022.Carlos Alberini, Chief Executive Officer, commented, “We are pleased with our third quarter financial results, which exceeded our revenue and operating profit expectations in a challenging retail environment. Our revenues decreased by almost 2% in U.S. dollars but grew 10% in constant currency, driven primarily by the strength of our business in Europe. For the period, we managed the busines Show less Read more
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