Guess? (NYSE:GES) Issues Quarterly Earnings Results, Beats Expectations By $0.26 EPS

Guess? (NYSE:GES - Get Free Report) announced its quarterly earnings data on Thursday. The company reported ($0.44) earnings per share for the quarter, beating the consensus estimate of ($0.70) by $0.26, Zacks reports. Guess? had a return on equity of 23.29% and a net margin of 3.19%. The firm had revenue of $647.80 million during the quarter, compared to the consensus estimate of $630.61 million. During the same quarter in the previous year, the company posted ($0.27) earnings per share. The business's revenue was up 9.4% on a year-over-year basis. Guess? updated its FY 2026 guidance to 1.320-1.640 EPS and its Q2 2026 guidance to 0.110-0.210 EPS.

Guess? Trading Up 9.2%

Shares of GES traded up $1.01 during mid-day trading on Friday, hitting $12.00. 1,951,586 shares of the company's stock traded hands, compared to its average volume of 1,215,801. The company has a quick ratio of 0.74, a current ratio of 1.54 and a debt-to-equity ratio of 1.18. Guess? has a 1 year low of $8.48 and a 1 year high of $24.64. The firm has a market capitalization of $624.13 million, a P/E ratio of 10.08 and a beta of 1.20. The business's 50-day moving average price is $10.86 and its 200-day moving average price is $12.41.

Guess? Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 3rd. Stockholders of record on Wednesday, June 18th will be paid a dividend of $0.30 per share. The ex-dividend date is Wednesday, June 18th. This represents a $1.20 annualized dividend and a dividend yield of 10.00%. Guess?'s dividend payout ratio (DPR) is presently 187.50%.

Hedge Funds Weigh In On Guess?

Hedge funds have recently made changes to their positions in the business. Royal Bank of Canada increased its stake in shares of Guess? by 49.3% during the first quarter. Royal Bank of Canada now owns 28,031 shares of the company's stock valued at $310,000 after buying an additional 9,260 shares during the period. Empowered Funds LLC increased its stake in shares of Guess? by 3.0% during the first quarter. Empowered Funds LLC now owns 271,920 shares of the company's stock valued at $3,010,000 after buying an additional 7,959 shares during the period. Finally, AQR Capital Management LLC increased its stake in shares of Guess? by 82.2% during the first quarter. AQR Capital Management LLC now owns 282,196 shares of the company's stock valued at $3,124,000 after buying an additional 127,274 shares during the period. 61.74% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on GES shares. Telsey Advisory Group reiterated a "market perform" rating and issued a $13.00 price objective on shares of Guess? in a research report on Monday. UBS Group boosted their price objective on Guess? from $11.00 to $12.00 and gave the company a "neutral" rating in a research report on Thursday, May 22nd.

Guess? declared that its board has initiated a stock buyback plan on Tuesday, March 25th that allows the company to buyback $200.00 million in outstanding shares. This buyback authorization allows the company to repurchase up to 38.5% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board believes its shares are 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.