Company Earnings UpdateGuess (GES) Fiscal 1Q18 Results: Beats Expectations; North America Comps Still Weak Coresight Research May 25, 2017 Executive Summary Guess reported fiscal 1Q18 adjusted EPS of $(0.24), down slightly from $(0.23) in the year-ago quarter but above the $(0.32) consensus estimate. Same-store sales for the company’s North America business (including e-commerce) decreased by 15%, beating the consensus estimate of a 16.4% decline for the quarter. Retail comps for the Europe business were up 5%. Comps for the Asia business were up 4%. The company expects 2Q18 adjusted EPS of $0.08–$0.11 and expects total revenues to increase by 2%–4%, or by 3.5%–5.5% on a constant currency basis. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Navigating TikTok’s Uncertainty: Analyzing Challenges and Emerging User Migration TrendsRetailTech: Three Technologies Landlords Can Use to Take Malls to the Next LevelFive Ways AI Is Being Used in Grocery and Mass Retailing—and What’s NextFour Technologies Retailers Can Use to Enchant Consumers: Insights Presented at CES 2025
