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

Guess? (NYSE:GES - Get Free Report) released its quarterly earnings data on Thursday. The company reported ($0.44) EPS for the quarter, topping analysts' consensus estimates of ($0.70) by $0.26, Zacks reports. Guess? had a net margin of 3.19% and a return on equity of 23.29%. The firm had revenue of $647.80 million for the quarter, compared to the consensus estimate of $630.61 million. During the same quarter in the previous year, the firm earned ($0.27) earnings per share. The firm'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? Price Performance

NYSE GES traded up $1.01 during trading hours on Friday, reaching $12.00. The company's stock had a trading volume of 1,951,586 shares, compared to its average volume of 1,216,518. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.74 and a current ratio of 1.54. The company's 50-day moving average is $10.86 and its two-hundred day moving average is $12.38. Guess? has a fifty-two week low of $8.48 and a fifty-two week high of $24.64. The stock has a market cap of $624.13 million, a PE ratio of 10.08 and a beta of 1.20.

Guess? Announces Dividend

The company also recently declared 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. This represents a $1.20 annualized dividend and a dividend yield of 10.00%. The ex-dividend date of this dividend is Wednesday, June 18th. Guess?'s dividend payout ratio (DPR) is presently 187.50%.

Hedge Funds Weigh In On Guess?

Institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada lifted its holdings in Guess? by 49.3% in the 1st quarter. Royal Bank of Canada now owns 28,031 shares of the company's stock valued at $310,000 after purchasing an additional 9,260 shares in the last quarter. AQR Capital Management LLC grew its holdings 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 worth $3,124,000 after buying an additional 127,274 shares in the last quarter. Finally, Empowered Funds LLC raised its position in shares of Guess? by 3.0% in 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 last quarter. 61.74% of the stock is owned by institutional investors and hedge funds.

Guess? announced that its board has approved a stock repurchase program on Tuesday, March 25th that allows the company to repurchase $200.00 million in outstanding shares. This repurchase authorization allows the company to repurchase up to 38.5% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on GES shares. Telsey Advisory Group reiterated a "market perform" rating and set a $13.00 price target on shares of Guess? in a research report on Monday, June 2nd. UBS Group raised their price objective on Guess? from $11.00 to $12.00 and gave the company a "neutral" rating in a research note on Thursday, May 22nd.

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.