The retail sector looks poised for a continued rebound with Guess (GES)  and Signet Jewelers (SIG)  being the most recent retailers to pass their quarterly earnings expectations on Wednesday.Keeping track of the Zacks Retail and Wholesale sector scorecard 64% of these stocks have surpassed their bottom line expectations this earnings season and now appears to be a good time to buy Guess and Signet Jewelers stock.Image Source: Zacks Investment ResearchFavorable Q4 ResultsGuess shares popped +20% today after ...

Guess? Inc. (GES) reported solid fourth-quarter fiscal 2024 results, wherein both the top and bottom lines increased year over year and beat the Zacks Consensus Estimate. The robust performance encouraged management to announce a special dividend, reflecting its commitment to shareholders.Results benefited from robust brand momentum globally and strong customer response to its collections across various product categories. Management remains optimistic about its robust global platform, which will facilitate ...

For the quarter ended January 2024, Guess (GES) reported revenue of $891.05 million, up 9% over the same period last year. EPS came in at $2.01, compared to $1.74 in the year-ago quarter.The reported revenue represents a surprise of +4.15% over the Zacks Consensus Estimate of $855.54 million. With the consensus EPS estimate being $1.55, the EPS surprise was +29.68%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectat ...

Exhibit 99.1 GUESS?, INC. REPORTS FISCAL YEAR 2024 FOURTH QUARTER RESULTS Fourth Quarter Fiscal 2024 Results: Revenues Increased to $891 Million, Up 9% in Both U.S. Dollars and Constant Currency Delivered Operating Margin of 16.3%; Adjusted Operating Margin of 14.6% GAAP EPS of $1.71 and Adjusted EPS of $2.01 Full Fiscal Year 2024 Results: Revenues Increased to $2.8 Billion, Up 3% in Both U.S. Dollars and Constant Currency Delivered Operating Margin of 9.5%; Adjusted Operating Margin of 9.2% GAAP EPS of $3. ...

Analysts on Wall Street project that Guess (GES) will announce quarterly earnings of $1.55 per share in its forthcoming report, representing a decline of 10.9% year over year. Revenues are projected to reach $855.54 million, increasing 4.6% from the same quarter last year.Over the last 30 days, there has been an upward revision of 33.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...

Investors are always looking for stocks that are poised to beat at earnings season and Guess?, Inc. (GES) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Guess? is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator ...

Wall Street expects a year-over-year decline in earnings on higher revenues when Guess (GES) reports results for the quarter ended January 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may mov ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key ...

After navigating through the first two months of 2024, certain stocks emerge as clear winners in the market.Unsurprisingly, tech giant Nvidia (NASDAQ: NVDA) takes the lead out of the blue-chip stocks with an impressive year-to-date (YTD) price increase of 64%. However, the surprise comes with Constellation Energy (NASDAQ: CEG) clinching the second spot among the best-performing NASDAQ 100 stocks with a remarkable growth of 46% since January 1. CEG stock YTD price chart. Source: Google FinanceThis surge in p ...