Guess’s Q2 FY2017 Earnings Preview
Guess is slated to release its Q2 FY2017 earnings on August 24th (fiscal year ends in January). The company is currently struggling with weak sales in most of its stores and a strong decline in its same store sales. This trend is expected to continue in the second quarter as well. However, Guess is taking several strategic steps to revive its sales and has a three-year revenue growth target of $200 million in Asia and $300 million in the Americas (which includes the U.S., Canada, Mexico, and Brazil). It also has plans to expand stores in Italy, France, Spain, Portugal, United Kingdom, Belgium, Netherlands, Germany, and Poland. Guess’s Asian operation is being given the primary focus for the company’s future growth. The company is in the process of building a major business in Asia, with a focus on China, where it will more than double its number of stores. With all the initiatives in place, we expect Guess will make a turnaround in its performance in the future.
Have more questions about Guess? See the links below.
- What Is Guess’s Revenue And EBITDA Breakdown?
- How Has Guess’s Revenue And EBITDA Composition Changed Over 2012-2016E?
- Guess Q4 FY2016 Pre-Earnings Report
- What Led To Guess’ Revenue And EBITDA Decline Over The Last Five Years?
- Guess: Fiscal Year 2016 In Review
- How Did Guess’s Stock Perform Vis-A-Vis Its Peers Over The Last 5 Years ?
- What Is Guess’ Fundamental Value Based On 2016 Estimated Numbers?
- How Did Guess’ Different Segments Perform Over The Last 5 Years?
- Guess Q1 FY 2017 Earnings Preview
- Key Takeaways From Guess’s Q1 FY 2017 Earnings
- Guess’s Expected Revenue And EBITDA For 2016: Trefis Estimate
- Is The Guess Stock Price Driven By Current Earnings Or By Market Sentiments?
- How Do We Expect Guess’s North American Retail Business To Grow Over The Next 5 Years?
- How Is Guess’s Revenue Composition Expected To Trend?
- How Fast Is Guess’s Asia Operation Expected To Grow Over The Next Five Years?
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