Guess?, Inc. to Webcast Conference Call on First Quarter Fiscal 2025 Financial Results

Rhea-AI Summary

Guess? (NYSE: GES) will release its first quarter fiscal 2025 financial results on May 30, 2024. The company will host a webcast conference call at 4:45 p.m. (ET) on the same day. The live webcast will be available on the Guess? investor relations site, with a replay accessible for 30 days.

Guess? designs, markets, distributes, and licenses a variety of contemporary apparel and accessories. As of February 3, 2024, Guess? directly operated 1,002 retail stores in Europe, the Americas, and Asia, with partners and distributors operating an additional 551 stores globally. On April 2, 2024, Guess? acquired the operating assets and a 50% interest in the intellectual property assets of the New York-based fashion brand rag & bone.

Positive

• Guess? will release fiscal Q1 2025 results on May 30, 2024, which can provide important insights into its financial health.
• The company operates 1,002 retail stores directly and 551 through partners, indicating substantial global reach.
• Guess? acquired a 50% interest in rag & bone's intellectual property assets, potentially diversifying its brand portfolio and boosting future revenues.

Negative

• The financial performance for the first quarter of fiscal 2025 remains uncertain until the release, posing potential risks for investors.
• The effectiveness and impact of the rag & bone acquisition on Guess?'s overall business are yet to be seen and could introduce integration challenges.

LOS ANGELES--(BUSINESS WIRE)-- Guess?, Inc. (NYSE: GES) will release its financial results for the first quarter of fiscal year 2025, which ended May 4, 2024, on Thursday, May 30, 2024. The Company will webcast a conference call at 4:45 p.m. (ET) that day to discuss the results.

A live webcast will be accessible at www.guess.com via the “Investor Relations” link. A replay of the conference will be archived on the website for 30 days.

Guess?, Inc. designs, markets, distributes and licenses a lifestyle collection of contemporary apparel, denim, handbags, watches, eyewear, footwear and other related consumer products. Guess? products are distributed through branded Guess? stores as well as better department and specialty stores around the world. At February 3, 2024, the Company directly operated 1,002 retail stores in Europe, the Americas and Asia. The Company’s partners and distributors operated 551 additional retail stores worldwide. At February 3, 2024, the Company and its partners and distributors operated in approximately 100 countries worldwide. On April 2, 2024, the Company acquired all the operating assets and a 50% interest in the intellectual property assets of New York-based fashion brand rag & bone, a leader in the American fashion scene, directly operating stores in the U.S. and in the U.K., and also available in high-end boutiques, department stores and through e-commerce globally. For more information about the Company, please visit www.guess.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240523775634/en/

Guess?, Inc.

Fabrice Benarouche

Senior Vice President Finance, Investor Relations and Chief Accounting Officer

(213) 765-5578

Source: Guess?, Inc.

FAQ

When will Guess? release its Q1 fiscal 2025 financial results?

Guess? will release its Q1 fiscal 2025 financial results on May 30, 2024.

How can I access the Guess? Q1 fiscal 2025 earnings webcast?

You can access the live webcast of Guess?'s Q1 fiscal 2025 earnings call on the Guess? investor relations website.

How many retail stores does Guess? operate directly?

As of February 3, 2024, Guess? directly operates 1,002 retail stores.

How many additional retail stores does Guess? operate through partners and distributors?

As of February 3, 2024, Guess? operates 551 additional retail stores through partners and distributors.

What recent acquisition has Guess? made to expand its brand portfolio?

On April 2, 2024, Guess? acquired operating assets and a 50% interest in the intellectual property assets of the New York-based fashion brand rag & bone.