Guess? (NYSE:GES – Get Free Report) issued an update on its FY26 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $1.32-1.76 for the period, compared to the consensus estimate of $2.02. The company issued revenue guidance of $3.12-3.19 billion, compared to the consensus revenue estimate of $3.04 billion. Guess? also updated its FY 2026 guidance to 1.320-1.760 EPS.
Wall Street Analysts Forecast Growth
Several research firms recently issued reports on GES. Telsey Advisory Group reaffirmed a “market perform” rating and set a $13.00 price target on shares of Guess? in a research note on Friday. UBS Group dropped their target price on Guess? from $15.00 to $12.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 11th.
Read Our Latest Stock Analysis on GES
Guess? Stock Down 11.4 %
Guess? (NYSE:GES – Get Free Report) last released its earnings results on Thursday, April 3rd. The company reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.07. Guess? had a net margin of 3.19% and a return on equity of 23.29%. The company had revenue of $932.25 million during the quarter, compared to the consensus estimate of $916.75 million. During the same quarter in the previous year, the firm earned $2.01 EPS. The company’s revenue was up 4.6% on a year-over-year basis. On average, equities research analysts predict that Guess? will post 1.92 earnings per share for the current fiscal year.
Guess? declared that its board has approved a share repurchase program on Tuesday, March 25th that permits the company to buyback $200.00 million in outstanding shares. This buyback authorization permits the company to buy up to 38.5% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.
About Guess?
Guess?, Inc designs, markets, distributes, and licenses lifestyle collections of apparel and accessories for men, women, and children. It operates through five segments: Americas Retail, Americas Wholesale, Europe, Asia, and Licensing. The company’s clothing collection includes jeans, pants, skirts, dresses, shorts, blouses, shirts, jackets, activewear, knitwear, and intimate apparel.
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