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!
Most Popular
Walmart (WMT) stock research summary | Q3 2021
Walmart (WMT) is a major retailer with a strong presence in the US and international markets. The company offers a wide range of products through its stores and digital channels.
MDB Stock: Is it the right time to invest in MongoDB?
The ongoing information technology boom has spurred the need for effective tools for database management, and enterprises are turning to technology companies like MongoDB Inc. (NASDAQ: MDB) to integrate their
After strong Q3, Thermo Fisher (TMO) expects to end FY21 on a high note
The shares of Thermo Fisher Scientific Inc. (NYSE: TMO), a leading provider of analytical instruments and software, climbed to a record high this week, extending the positive momentum that came
