Is The Market Pricing Guess Fairly?
Guess (NYSE: GES) engages in the designs, markets, distributes, and licenses lifestyle collections of apparel and accessories for men, women, and children. During the latest quarterly reports, Guess’s net sales rose by 10% to $605 Million and Increased 13% in Constant Currency. This performance was boosted by its rising comparable store sales and e-commerce sales in both Europe and Asia (especially China), growth through digital initiatives, its well-positioned customer-centric strategies, and the building of its omni-channel capabilities. Guess’s profitability in the wholesale business has been on a upward trend in Europe and Asia. The European wholesale segment grew by 20.2% in U.S. dollars propelled by a rise in comparable store sales, including e-commerce sales, and a host of store openings. The e-commerce business in Europe was boosted by Guess’s own website along with the partnerships it forged with websites like Zalando, and the Retail comp sales, including e-commerce, increased 9% in U.S. dollars. A sustained focus on cost containment, inventory management, merchandise, and speed-to-market initiatives has kept Guess afloat in a competitive environment.
Detailed steps to arrive at our price estimate are outlined in our interactive dashboard Guess’s Outlook For 2019. You can modify the key value drivers to see how they impact the company’s revenues, bottom line, and valuation.
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