Key Developments: GUESS? Inc (GES.N)
30.00USD
20 May 2013
$0.31 (+1.04%)
$29.69
$29.65
$30.09
$29.50
179,034
217,402
$34.09
$22.53
Latest Key Developments (Source: Significant Developments)
GUESS?, Inc. Issues Q1, FY 2013 Guidance Below Analysts' Estimates
GUESS?, Inc. announced that for the first quarter of 2013, it expects consolidated net revenues to range from $560-$575 million and diluted earnings per share (EPS) to be in the range of $0.25-$0.28. For fiscal 2013, it expects consolidated net revenues to range from $2.74-$2.78 billion and diluted earnings per share (EPS) to be in the range of $2.50-$2.65. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $610 million, EPS of $0.48 for the first quarter of 2013; revenue of $2.83 billion and EPS of $3.18 for fiscal 2013. Full Article
GUESS?, Inc. Issues Q4 2012 Guidance Below Analysts' Estimates; Lowers FY 2012 Guidance; Declares Quarterly Cash Dividend
GUESS?, Inc. announced that for the fourth quarter of fiscal 2012, it expects Consolidated net revenues to range from $780 million to $795 million. Diluted earnings per share are expected to be in the range of $1.03 to $1.09. The Company updated its outlook for the fiscal 2012, which is now as follows; Consolidated net revenues are expected to range from $2.70 billion to $2.71 billion and adjusted diluted earnings per share are expected to be in the range of $3.04 to $3.10; GAAP diluted earnings per share between $2.85 and $2.91. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $815 million and EPS of $1.21 for the fourth quarter of 2012; revenues of $2.74 billion and EPS Of $3.27 for fiscal 2012. The Company also announced that its Board of Directors has approved a quarterly cash dividend of $0.20 per share on the Company's common stock. The dividend will be payable on January 3, 2012 to shareholders of record at the close of business on December 14, 2011. Full Article
GUESS?, Inc. Issues Q3 2012 Guidance Below Analysts' Estimates; Lowers High End Of Prior FY 2012 Revenue Guidance To A Range Below Analysts' Estimates; Lowers FY 2012 EPS Guidance
GUESS?, Inc. announced that for the third quarter of 2012, it expects consolidated net revenues to range from $650 million to $665 million. Diluted earnings per share (EPS) is expected to be in the range of $0.71 to $0.74. For fiscal 2012, it expects consolidated net revenues to range from $2.74 billion to $2.78 billion and adjusted diluted earnings per share are expected to be in the range of $3.25 to $3.35 and GAAP diluted earnings per share between $3.06 and $3.16. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $688 million and EPS of $0.84 for the third quarter of 2012; revenues of $2.78 billion and EPS Of $3.43 for fiscal 2012. Full Article
GUESS?, Inc. Announces New Five-Year $200 Million Credit Facility
GUESS?, Inc. announced that it has entered into a five-year $200 million secured revolving credit facility with a global and strategic syndicate of banks led jointly by J.P. Morgan Securities LLC and Bank of America Merrill Lynch. This new credit facility, which includes an additional $100 million accordion feature, replaces the Company's existing $85 million revolving line of credit which was scheduled to mature September 30, 2011. Full Article
GUESS?, Inc.'s Chairman Maurice Marciano To Retire As Executive Officer At End of Fiscal Year Will Continue As Non Executive Chairman Of Board-Reuters
Reuters reported that GUESS?, Inc.'s Chairman Maurice Marciano, has notified the Company of his decision to retire as an executive officer when his current employment agreement expires on January 28, 2012, the end of the Company's current fiscal year. Mr. Marciano will continue to serve the Company as Non-Executive Chairman of its Board of Directors. Full Article
China's Li Ning names former Guess, Levi executive as CFO
HONG KONG, April 18 - Chinese sportswear group Li Ning Co Ltd said on Thursday it has appointed a former executive of Guess Inc and Levi Strauss Company as its chief financial officer.
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