
Guess? (GES) Stock Forecast & Price Target
Guess? (GES) Analyst Ratings
Bulls say
Guess?, Inc. demonstrated robust financial performance, with total sales increasing by 7.2% year-over-year to $791 million, surpassing consensus expectations. Notably, in the Americas wholesale segment, sales surged by 27.6%, reflecting a strong recovery and consumer demand in this market. Additionally, European sales saw a commendable 9.7% year-over-year growth, showcasing the company's effective strategy to capitalize on both regional strengths and market trends.
Bears say
The analysis indicates a negative outlook for Guess? Inc. primarily due to a decline in operating margin, which fell by 110 basis points to 4.7%, despite being better than consensus forecasts. Additionally, gross margin contracted by 110 basis points to 42.5%, adversely impacting profitability and falling short of market expectations. Furthermore, a 3% year-over-year decline in retail same-store sales, driven by eCommerce challenges, underscores persistent weaknesses in the company's topline performance.
This aggregate rating is based on analysts' research of Guess? and is not a guaranteed prediction by Public.com or investment advice.
Guess? (GES) Analyst Forecast & Price Prediction
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