Company Earnings Update 3 minutesRegister for Free AccessGuess (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? Register for a free user account. This document was generated for Other research you may be interested in: Earnings Insights 2Q24, Week 6: Mixed Results from Bath & Body Works, Best Buy and BurlingtonThe Coresight Research AI Risk-Mitigation FrameworkWhat’s Next for the Food Industry?: Insights Presented at the FMI Midwinter Executive Conference 2024Macy’s $5.8 Billion Buyout Bid: A Symphony of Risk and Opportunity
