Company Of The Day: Guess
What?
Guess (NYSE:GES) posted a mixed set of Q4 FY’22 results. While revenue grew by about 23% year-over-year to $800 million, coming in below estimates, adjusted earnings stood at about $1.14 per share, roughly in line with estimates. However, the company’s adjusted operating profit margins came in better than expected at 15.7%.
Why?
- Can Guess Stock Reverse Its Poor Run This Year With Its Fiscal Q2 Results?
- Up 14% This Year, Why Is Guess Stock Outperforming?
- Flat Since The Beginning of 2023, What’s Next For Guess Stock?
- Is Guess Stock A Buy At $21?
- What To Expect From Guess’ Stock Post Q2?
- Can Guess Stock Return To Pre-Inflation Shock Highs?
Revenue growth was likely held back by the spread of the omicron variant of Covid-19 which hurt store traffic. However, margins benefited from higher markups, lower discounting, and lower occupancy costs.
So What?
Guess stock jumped almost 9% in Thursday’s trading as investors were likely pleased with the company’s strong margins, which came despite rising inflation.
See Our Complete Analysis For Guess
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Returns | Mar 2022 MTD [1] |
2022 YTD [1] |
2017-22 Total [2] |
GES Return | -3% | -11% | 75% |
S&P 500 Return | 1% | -7% | 97% |
Trefis MS Portfolio Return | 1% | -9% | 256% |
[1] Month-to-date and year-to-date as of 3/18/2022
[2] Cumulative total returns since the end of 2016
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