Guess? (GES) Misses Q2 EPS by 6c
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Guess?, Inc. Reports Fiscal Year 2023 Second Quarter Results
August 24, 2022 4:15 PM EDTQ2 Fiscal 2023 Revenues Reached $643 Million, Up 2% in U.S. Dollars and 12% in Constant Currency Compared to Q2 Fiscal 2022
Delivered Q2 Operating Margin of 8.3%; Adjusted Operating Margin of 8.7%
Q2 EPS of $0.35 and Adjusted EPS of $0.39
Expects Fiscal 2023 Revenue Growth of About 1.5% in U.S. Dollars, 9.5% in Constant Currency, and GAAP and Adjusted Operating Margins of 9.7% and 10.0%, Respectively
Expects Fiscal 2023 GAAP EPS of $2.11 and Adjusted EPS of $2.65
Completed $175 Million Accelerated Share Repurchase Arrangement
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