Guess? Inc. (NYSE:GES) reported second quarter 2021 earnings results today.
Total net revenue decreased 42% year-over-year to $398.5 million.
GAAP net loss was $20.4 million, or $0.31 per share, compared to earnings of $25.3 million, or $0.35 per share, for the prior-year quarter. Adjusted net loss was $0.6 million, or $0.01 per share.
Guess is not providing specific guidance due to the uncertainty associated with the COVID-19 pandemic. Based on current trends, the company expect revenues for the third and fourth quarters of fiscal 2021 to decrease in the mid-teens range.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Benchmark stock indexes pared their recent gains early this week amid elevated inflation concerns, but regained a part of the momentum later aided by recovery in tech stocks. The Dow
Shares of Alibaba Group (NYSE: BABA) have dropped 10% since the beginning of the year. The company reported mixed results for the fourth quarter of 2021 a day ago, with
With some of its parks and resorts either closed or operating at reduced capacity even more than a year after the virus outbreak, The Walt Disney Company (NYSE: DIS) is