|Bid||23.96 x 900|
|Ask||0.00 x 38800|
|Day's Range||24.27 - 24.98|
|52 Week Range||11.10 - 26.15|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 30, 2018|
|Forward Dividend & Yield||0.90 (3.87%)|
|1y Target Est||21.40|
The gross margin was down by 120 basis points after adjusting for accounting changes related to the adoption of ASC 606 (see the previous part of this series). 180 points of this fall came from a merchandise margin decline, which was partially offset by 60 basis point leverage from rent and occupancy costs. Gap had reported six straight quarters of gross margin improvements before this quarter.
As we discussed in Part 1, L Brands (LB) reported its first-quarter results after the market closed on May 23. While the company missed the earnings expectations, it beat analysts’ top-line expectations.
Fashion giant Ralph Lauren’s (RL) stock had soared 15% as of 1:20 PM EST, thanks to the expectation-beating fourth-quarter results that the company reported earlier today. The company recorded a foreign currency benefit of ~440 basis points during the quarter and marked its thirteenth consecutive earnings beat. “As we reflect on the year, I am incredibly proud of what the team is doing to elevate and energize our brand around the world,” said Ralph Lauren, executive chairman and CEO.
Can We Expect Another Strong Quarter from Guess? The five analysts that cover Guess (GES) gave the stock a 2.6 on a scale where one is a “strong buy” and five is a “strong sell.” The company has a better rating than apparel peers Gap (GPS) and Abercrombie & Fitch (ANF), which are rated 3.0 and 2.9, respectively. Urban Outfitters (URBN) and American Eagle Outfitters (AEO), however, have a better ranking of 2.5.
Guess’s (GES) sluggish sales growth and waning profitability also impacted its stock market performance. The fashion player’s stock lost 60% of its value between 2014 and 2016. However, as the multiyear streak of top-line declines came to a halt in 2017, its stock bounced back, and the share price surged 40% during the year.
Can We Expect Another Strong Quarter from Guess? As discussed, Guess (GES) went through a rough patch between fiscal 2013 and fiscal 2017 as the company struggled amid fickle consumer fashion preferences and rising pricing pressure. A set of turnaround initiatives and remarkable growth in international markets brought the company back from the dead in fiscal 2018.
Can We Expect Another Strong Quarter from Guess? Yearly sales fell at a CAGR (compound annual growth rate) of around 4% during the period. US retail revenues, however, fell 11% during the year, driven by a 9% decline in comps.
Guess (GES) is slated to release its financial results for the first quarter of 2019 on May 30. Wall Street has projected Guess to post a loss per share of 23 cents for the quarter as compared to a loss of 24 cents in the same period last year. Guess hasn’t missed Wall Street top-line or bottom-line expectations for the past seven quarters.
Small-cap stocks have been on fire, with the iShares Russell 2000 Index (ETF) (NYSEARCA:IWM) continuously grinding out new highs last week and on Monday. While the markets have been strong — ranging from the S&P 500 and the Dow Jones Industrial Average to the PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ) — there’s still a “one foot out the door” mentality. A higher U.S. dollar may punish large-cap multinational companies, but it doesn’t inflict much damage to small caps.
Guess?, Inc. is at a 52-week high, but can investors hope for more gains in the future? We take a look at the fundamentals for GES for clues.
Gap (GPS) is covered by 25 Wall Street analysts, who jointly rate the stock a 3 on a scale of 1 for “strong buy” to 5 for “sell.” The company is among the lower-rated apparel retailers. In comparison, Guess (GES), Urban Outfitters (URBN), and American Eagle Outfitters (AEO) are rated 2.6, 2.5, and 2.4, respectively.
Income investors generally look for high-dividend stocks and low risk. But that’s a difficult combination to find. Dividend yields can rise if the dividend increases; they more often, and more quickly, rise if the stock price falls. And that, in turn, means that many high-yield stocks aren’t performing all that well at the moment — and may have reasonably significant risks going forward.
Guess?, Inc. will release its financial results for the first quarter of fiscal year 2019, which ended May 5, 2018, on Wednesday, May 30, 2018. The Company will webcast a conference call at 4:45 p.m.
Apparel Stores sell clothing, footwear, and accessories to consumers. It is a subset of the Retail industry, and companies in this space usually make and sell their own clothing brands (although some do sell third-party merchandise).
Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. Over the past 10 years, Guess’ Inc (NYSE:GES) has returnedRead More...
NEW YORK, May 09, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Entergy ...
Guess’ is one of companies on my list of top dividend stocks. Dividend stocks are a safe bet to increase your portfolio value as they provide both steady income andRead More...
LONDON, UK / ACCESSWIRE / April 24, 2018 / Active-Investors.com has just released a free earnings report on Guess', Inc. (NYSE: GES). The Company reported its fourth quarter fiscal 2018 and full fiscal year 2018 operating and financial results on March 21, 2018. Active-Investors.com is currently working on the research report for Cherokee Inc. (NASDAQ: CHKE), which also belongs to the Services sector as the Company Guess'.
Investors with a long-term horizong may find it valuable to assess Guess’ Inc’s (NYSE:GES) earnings trend over time and against its industry benchmark as opposed to simply looking at aRead More...
Guess?, Inc. and Gucci have reached a settlement in a nine-year trademark dispute between the two fashion brands over the rights to a “G” logo.
GUESS?, Inc. and Gucci are pleased to announce that an agreement has been signed between the two parties which will result in the conclusion of all pending IP litigations and trademark office matters worldwide.