Company Earnings UpdateGuess (GES) Fiscal 1Q18 Results: Beats Expectations; North America Comps Still Weak Coresight Research May 25, 2017 Executive Summary Guess reported fiscal 1Q18 adjusted EPS of $(0.24), down slightly from $(0.23) in the year-ago quarter but above the $(0.32) consensus estimate. Same-store sales for the company’s North America business (including e-commerce) decreased by 15%, beating the consensus estimate of a 16.4% decline for the quarter. Retail comps for the Europe business were up 5%. Comps for the Asia business were up 4%. The company expects 2Q18 adjusted EPS of $0.08–$0.11 and expects total revenues to increase by 2%–4%, or by 3.5%–5.5% on a constant currency basis. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Chinese New Year 2025 Review: From Shopping to Screens—How Younger Consumers Boosted Spring Festival SpendingAnalyst Corner: Controversy Persists Around Price Gouging with Electronic Shelf Labels, with John HarmonWeekly US Store Openings and Closures Tracker 2025, Week 12: Forever 21 To Close All Stores; Dollar General Announces Major Store Expansion PlanWhere Shoppers Live vs. Where They Shop: US Consumer Survey Insights Extra
