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Guess Outlook Pessimistic After The Stock Market Crash

2014/3/24 14:48:00 42

GuessOutlookStock Price

   Guess Inc. (NYSE:GES) 19 days after the release of the four quarter and annual earnings report, although the fourth quarter exceeded expectations, but for the current 2015 fiscal year and the first quarter is expected to pessimism, after the Guess? Inc. (NYSE:GES) fell 6.5%, 20 opened Guess, Inc. (NYSE:GES) fell slightly narrowed to 27.21 U.S. dollars, or 5.39%.



As of the four quarter of February 1, 2014, Guess? Inc. (NYSE:GES) recorded a net profit of $69 million 632 thousand, down 4% from $72 million 552 thousand a year earlier, and 0.82 US dollars per share, 0.85 US dollars in the same period last year, exceeding the expected US $0.80, and fourth quarter. income Recorded $768 million 400 thousand, down 5.7% from $815 million 100 thousand in the same period last year, but still exceeded analysts' expectations. The fourth quarter Group recorded a gross profit of 301 million 900 thousand US dollars, down 9.3% from 332 million 900 thousand US dollars in the same period last year; gross margin fell by 150 basis points to 39.3%; operating profit recorded 102 million 500 thousand US dollars, down 120 million from the same period last year, and the operating margin also dropped to 13.3% by 140 basis points.


Guess? Inc. (NYSE:GES) expects revenue for the first quarter of fiscal year 2015 to be US $520 million to $530 million in the first quarter of fiscal year May 3, 2014, operating profit margin -1.5% to -0.5%, earnings per share -0.09 US dollars to US $-0.05, expected revenue for the 2015 fiscal year ended January 31, 2015 to US $2 billion 530 million to US $2 billion 580 million, operating margin of 7% to 8%, and earnings per share of 1.40 US dollars to 1.60 dollars.


Group CEO Paul Marciano said the 2015 financial year group's North American outlets and European wholesale channels will be under pressure.


In fiscal year 2014, Guess, Inc. (NYSE:GES) revenue fell 3.5% to $2 billion 451 million 600 thousand, and net profit fell 14.2% to 153 million 400 thousand dollars per share. Profit 1.80 dollars.

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