Insight Report 2 minutes PremiumGUESS (GES) 1Q17 Results: Americas Region Weighs Down Quarterly Results; Europe Remains Strong Coresight Research May 25, 2016 Executive Summary Guess reported adjusted 1Q17 EPS of $(0.23) versus the consensus estimate of $(0.19). Total revenues were $448.8 million versus consensus of $464.2 million. Sales for the period were below management’s expectations. In the Americas region, the retail business was challenging, particularly in the month of April. Comps in the Americas were down 4.2% (down 3.1% in constant currency) versus consensus of a 1.6% decline. Management provided 2Q17 guidance for EPS of $0.04–$0.08 versus consensus of $0.11. Revenues are expected to increase by 0.5%–2.5% in the quarter. For FY17, guidance is for EPS of $0.55–$0.75 versus $0.65–$0.85 previously. Consensus is for EPS of $0.77. Full-year revenues are expected to increase by 5.5%–7.5% in US-dollar terms. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Three Data Points We’re Watching This Week: US Real Estate Focus2023 US Tax Tracker #1: IRS Issues $15.7 Billion in Refunds, Up by Almost Two-ThirdsFashionomics: Mapping Consumer Sentiment and Trends—Insights Presented at the AAFA Executive Summit 2024October 2023 Leading Indicators of US Retail Sales: Mixed Signals as Retail Heads into Holiday
