— Guess?, Inc. (NYSE: GES) reported adjusted earnings of $1.22 per share for the fourth quarter of 2020, vs. $1.12 per share expected.
— Net income, on a reported basis, was $79.6 million or $1.18 per share, compared to $23.23 million or $0.28 per share a year earlier
— Fourth-quarter revenues moved up 1% annually to $842.3 million, vs. $851.19 million expected
— Americas Retail revenues dropped 4.1% and Americas Wholesale revenues declined 3% during the three-month period
— Europe revenues increased 13.2% while Asia revenues dropped 27.2%, compared to last year
— The company said it is withholding fourth-quarter and full-year guidance due to uncertainties related to the covid-19 outbreak
— Expects financial results for the first quarter and the full fiscal year to be negatively impacted by disruptions caused by the epidemic
— Also, announcement of the quarterly cash dividend for the first quarter has been postponed in view of the unfavorable market conditions
Most Popular
CCL Earnings: Highlights of Carnival Corporation’s Q4 2025 results
Cruise operator Carnival Corporation & plc (NYSE: CCL) on Friday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. Earnings topped analysts' expectations. Revenues
Lamb Weston (LW) Q2 2026 Earnings: Key financials and quarterly highlights
Lamb Weston Holdings, Inc. (NYSE: LW) reported its second quarter 2026 earnings results today. Net sales inched up 1% year-over-year to $1.62 billion. Net sales at constant currency remained flat.
Paychex reports higher Q2 FY26 revenue and earnings; EPS beats estimates
Paychex Inc. (NASDAQ: PAYX) on Friday reported stronger-than-expected adjusted earnings for the second quarter of fiscal 2026. Revenues grew 18% year-over-year. The Rochester-based human capital management solutions provider reported revenues
