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Compared to Estimates, Guess (GES) Q2 Earnings: A Look at Key Metrics
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For the quarter ended July 2023, Guess (GES - Free Report) reported revenue of $664.51 million, up 3.4% over the same period last year. EPS came in at $0.72, compared to $0.39 in the year-ago quarter.
The reported revenue represents a surprise of +4.04% over the Zacks Consensus Estimate of $638.7 million. With the consensus EPS estimate being $0.39, the EPS surprise was +84.62%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Guess performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Comparable store sales - YoY change ( Domestic retail): 3% versus -5.5% estimated by two analysts on average.
Number of stores - Partner Operated: 546 versus 545.5 estimated by two analysts on average.
Number of stores - Total (EOP): 1569 versus 1587.5 estimated by two analysts on average.
Net revenue- Licensing operations: $28.02 million compared to the $22.98 million average estimate based on three analysts. The reported number represents a change of +13.1% year over year.
Net revenue- Asia: $58.94 million compared to the $55.25 million average estimate based on three analysts. The reported number represents a change of +19.4% year over year.
Net revenue- Americas Retail: $167.57 million versus $176.02 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -7.8% change.
Net revenue- Americas Wholesale: $43.68 million versus the three-analyst average estimate of $45.23 million. The reported number represents a year-over-year change of -13%.
Net revenue- Europe: $366.31 million compared to the $338.46 million average estimate based on three analysts. The reported number represents a change of +8.8% year over year.
Net royalties: $28.02 million versus the two-analyst average estimate of $24.38 million. The reported number represents a year-over-year change of +13.1%.
Product sales: $636.50 million versus the two-analyst average estimate of $612.61 million. The reported number represents a year-over-year change of +3%.
Shares of Guess have returned -9% over the past month versus the Zacks S&P 500 composite's -3.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Compared to Estimates, Guess (GES) Q2 Earnings: A Look at Key Metrics
For the quarter ended July 2023, Guess (GES - Free Report) reported revenue of $664.51 million, up 3.4% over the same period last year. EPS came in at $0.72, compared to $0.39 in the year-ago quarter.
The reported revenue represents a surprise of +4.04% over the Zacks Consensus Estimate of $638.7 million. With the consensus EPS estimate being $0.39, the EPS surprise was +84.62%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Guess performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Comparable store sales - YoY change ( Domestic retail): 3% versus -5.5% estimated by two analysts on average.
- Number of stores - Partner Operated: 546 versus 545.5 estimated by two analysts on average.
- Number of stores - Total (EOP): 1569 versus 1587.5 estimated by two analysts on average.
- Net revenue- Licensing operations: $28.02 million compared to the $22.98 million average estimate based on three analysts. The reported number represents a change of +13.1% year over year.
- Net revenue- Asia: $58.94 million compared to the $55.25 million average estimate based on three analysts. The reported number represents a change of +19.4% year over year.
- Net revenue- Americas Retail: $167.57 million versus $176.02 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -7.8% change.
- Net revenue- Americas Wholesale: $43.68 million versus the three-analyst average estimate of $45.23 million. The reported number represents a year-over-year change of -13%.
- Net revenue- Europe: $366.31 million compared to the $338.46 million average estimate based on three analysts. The reported number represents a change of +8.8% year over year.
- Net royalties: $28.02 million versus the two-analyst average estimate of $24.38 million. The reported number represents a year-over-year change of +13.1%.
- Product sales: $636.50 million versus the two-analyst average estimate of $612.61 million. The reported number represents a year-over-year change of +3%.
View all Key Company Metrics for Guess here>>>Shares of Guess have returned -9% over the past month versus the Zacks S&P 500 composite's -3.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.