How Do we Expect Guess To Perform In Its Q3 FY 2017 Earnings?
Guess is slated to release its Q3 fiscal 2017 results on November 30th. The company is currently progressing with the implementation of the strategic initiatives that was proposed by its CEO, Victor Herrero in 2015. As a result, its quarter over quarter performance witnessed significant improvement in the last quarter of this fiscal year. Along with this, Guess’s management has stated that the first half of 2016 was a transitioning phase for the company, and it expects to reap the benefits of its investments starting from Q3 FY 2017 and this is expected to further accelerate in the fourth quarter. Hence, we expect Guess’s third quarter performance to show better results than the last two quarters of this fiscal year.
Some of the key performance highlights for the company, so far this year, have been:
- The refurbishment of the wholesale business to follow the same strategies of the retail business has resulted in the revival of its European wholesale market. Europe happens to be Guess’s largest wholesale market.
- The company is expected to accrue $25 million annualized savings by the end of this year.
- Given that Asia is currently the world’s fastest growing apparel market, the company significantly increased its investments in the region. As a result, it is expected to open 65 new directly operated stores in Asia by the end of 2016, with the majority being in Greater China.
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?
- Guess’s Q2 FY2017 Earnings Preview
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