Guess Intrinsic Stock Value – GUESS Reports Third Quarter Earnings Results for FY2024
December 12, 2023
🌥️Earnings Overview
On October 31 2023, GUESS ($NYSE:GES) reported its earnings results for the third quarter of FY2024, ending November 21 2023. The company achieved total revenue of USD 651.2 million, a 2.8% increase from the same period in the prior year. Furthermore, net income rose a substantial 155.0%, reaching USD 55.7 million.
Market Price
This represented a decrease of 1.7% from the previous closing price of $24.1. The release of the quarterly earnings report is an important factor in determining the success of the company, and is one of the most closely watched indicators of a company’s performance. Profit margins also improved by 4%, a result of cost savings and efficiency measures implemented across the company. Overall, GUESS has reported positive quarterly results for FY2024, demonstrating their commitment to ongoing success.
As the company continues to implement cost-saving measures and invest wisely, investors remain confident in their long-term outlook. With this in mind, the market expects to see further growth in the stock prices of GUESS over the coming months. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Guess. GUESS_Reports_Third_Quarter_Earnings_Results_for_FY2024″>More…
| Total Revenues | Net Income | Net Margin |
| 2.7k | 177.88 | 7.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Guess. GUESS_Reports_Third_Quarter_Earnings_Results_for_FY2024″>More…
| Operations | Investing | Financing |
| 231.49 | -74.52 | -95.2 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Guess. GUESS_Reports_Third_Quarter_Earnings_Results_for_FY2024″>More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.48k | 1.92k | 9.59 |
Key Ratios Snapshot
Some of the financial key ratios for Guess are shown below. GUESS_Reports_Third_Quarter_Earnings_Results_for_FY2024″>More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.3% | 73.8% | 7.6% |
| FCF Margin | ROE | ROA |
| 7.9% | 25.8% | 5.2% |
Analysis – Guess Intrinsic Stock Value
At GoodWhale, we have conducted an analysis of GUESS‘s fundamentals. Our proprietary Valuation Line has indicated the intrinsic value of the GUESS share to be around $30.1. In comparison, GUESS stock is currently trading at $23.7, thereby representing an undervaluation of 21.4%. This could be an attractive opportunity for potential investors, as there is a potential gain to be unlocked. More…
Peers
Guess? Inc is a leading international lifestyle brand known for its iconic denim and fashion apparel. Along with Guess?, other popular lifestyle brands such as Esprit Holdings Ltd, TOM TAILOR Holding SE, and Brunello Cucinelli SpA have made a mark in the fashion industry, offering a wide range of high-quality products to customers around the world.
– Esprit Holdings Ltd ($SEHK:00330)
Esprit Holdings Ltd is a global fashion lifestyle company that designs, develops, and sells clothing, accessories, and home furnishings. The company has a market cap of 2.38 billion as of 2022, indicating its size and market presence. Additionally, Esprit Holdings Ltd has a Return on Equity (ROE) of 3.21%, which is a measure of the company’s profitability and efficiency in using equity to generate profits. This shows that the company is capable of generating returns on its equity holdings, indicating that it is well-managed and financially sound.
– TOM TAILOR Holding SE ($LTS:0MMJ)
TOM TAILOR Holding SE is a German-based fashion company that designs and sells apparel, footwear, and accessories for men, women, and children. The company has a market cap of 5M as of 2022 and a negative return on equity of -507.22%, indicating that the company has not been very successful in generating profits from investments. This can be attributed to the company’s inability to keep up with current fashion trends, as well as its lack of focus on marketing and promotion. Despite this, the company has still managed to remain successful in the industry, as it has managed to steadily increase its sales over the past few years.
– Brunello Cucinelli SpA ($LTS:0Q7S)
Brunello Cucinelli SpA is an Italian luxury fashion house based in Solomeo, Italy. Founded in 1978, the company specializes in producing and selling garments, cashmere knitwear, leather goods, and accessories. As of 2022, the company has a market cap of 4.74 billion and a Return on Equity of 23.98%. The company has grown significantly since its founding and has seen a steady increase in its market cap over the years. Its Return on Equity indicates that it is performing well relative to its peers in the industry.
Summary
GUESS reported strong earnings for the third quarter of FY2024, with total revenue up 2.8% year-over-year to USD 651.2 million and net income up 155.0% to USD 55.7 million. This marks a solid performance for the company as investors can be confident in their returns. Going forward, investors should watch out for potential risks that could affect the company’s future profitability, such as market competition and changes in consumer demand. Additionally, investors should monitor GUESS’s progress in new product development and strategic partnerships that could further drive growth.
