GUESS Co-Founder Relinquishes Duties During Investigation
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
Company Research
Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)-- On February 7, the Board of Directors of Guess?, Inc. (NYSE:GES) formed a Special Committee comprised of two independent directors to oversee an ongoing investigation into recent allegations of improper conduct by the Company's co-founder, Paul Marciano. Mr. Marciano has denied the allegations. The investigation is being conducted by the law firm of O'Melveny & Myers LLP, and the Special Committee has retained the law firm of Glaser Weil, LLP. The Board of Directors and Mr. Marciano have agreed that Mr. Marciano will relinquish his day to day responsibilities at the Company, on an unpaid basis, pending the completion of the investigation. “I have pledged my full cooperation to the Company, and I have the utmost confidence in our CEO, Victor Herrero, to continue leading the Company during this time,” Mr. Marciano said. The Company takes very seriously any all
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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. and WHP Global Complete the Acquisition of rag & bone Guess?, Inc. Announces $50 Million Expansion of its Existing Asset-Based Revolving Credit FacilityBusiness Wire
- 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
GES
Earnings
- 3/20/24 - Beat
GES
Sec Filings
- 4/11/24 - Form 8-K
- 4/9/24 - Form 4
- 4/8/24 - Form 4
- GES's page on the SEC website