Guess?, Inc. (GES) continues to see bullish earnings forecasts. The current full-year Zacks Consensus Estimate of $2.50 per share is up from $2.18 over the past 3 months. For the following year, analysts polled by Zacks are calling for earnings of $2.85 per share, versus the 3 months-ago level of $2.48.Company Description Guess?, Inc. designs, markets, distributes and licenses contemporary apparel, denim, handbags, watches, footwear and other related consumer products. As of August 1, 2009, the Company operated 431 retail stores in the United States and Canada and 723 retail stores outside of North America, of which 106 were directly owned.Estimates Continue to Rise on Strong Momentum The company continues to see bullish earnings forecasts. The current full-year Zacks Consensus Estimate of $2.50 per share is up from $2.18 over the past 3 months. For the following year, analysts polled by Zacks are calling for earnings of $2.85 per share, versus the 3 months-ago level of $2.48. Shares of GES have surged past the market by about 150% over the past year.A Record Quarter Guess announced record third-quarter earnings of 69 cents per share, eclipsing the Zacks Consensus Estimate by 38%. Net revenue of $522.8 million dipped 1% year-over-year. Management said each of the company's businesses performed better than expected in both revenues and earnings as customer continued to respond well to product assortment in all markets around the world. Guess added that the company managed well, controlling costs and inventories tightly to protect profitability. This solid performance resulted in record third quarter earnings and a significant improvement in cash flows in the period.Rewarding Shareholders Guess also declared a dividend of 12.5 cents per share, which was paid out on December 31. The company offers an industry-leading dividend yield of 1.14%.Favorable Comparisons Guess offers a return on equity of 25%, well above the industry average of 12%. The company's net profit margin of 10% tops the industry average, which is at -2%
updated Jan 19, 2010
Sign up to get our newsletter with money saving tips, deals and coupons - no spam.
discounts & deals from all banks in one app?
At GET.com we compare credit cards and rate them objectively based on the credit card's features, interest rates and fees.
Cards are rated by our team based primarily on the basis of value for money to the cardholder. The GET.com team rates each card based on its annual fee, rewards, benefits, bonus, introductory APR, ongoing APR, flexibility (in how its benefits can be used and how rewards are earned and redeemed), and other card features.