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Guess, Inc.

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WEEK AHEAD: Retailers, Oracle, FedEx to Report Earnings

As next week offers a light earnings calendar, investors likely will focus their attention on the U.S. Federal Reserve's meeting, housing data reports and Hostess Brands Inc.'s bankruptcy proceedings.Retailer Quarterly Results on TapRetailers will continue to dominate the earnings cycle next week, with about a dozen major retail companies slated to report.Wet Seal Inc. (WTSL), which reports Thursday, had forecast its fiscal fourth-quarter loss would be at or near the low end of its guidance, as the struggling women's apparel retailer posted another substantial drop in same-store sales. The company, which operates its namesake and Arden B stores, has undergone a substantial leadership transition after hedge-fund manager Clinton Group Inc., a major shareholder, agreed to drop its proxy fight with the company in exchange for naming four board seats.Since then, Wet Seal has named a new chief executive, lost its chief operating officer to resignation and unveiled a series of cost-cutting ef...

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  1. Best Buy a Buyout Target; Deckers Raised

    Best Buy Co. shares rose 1.2% Wednesday. The Minneapolis Star Tribune, citing unidentified sources, said the electronics retailer has become the target for a private...

  2. Guess, Rue21, Vera Bradley Down On Forecasts

    Fashion label Guess Inc . shares slumped 12% on Thursday after the company gave disappointing first-quarter and full-year profit forecasts. Teen-retailer Rue21 Inc.'...

  3. Guess 4Q Mixed, Guidance Weak

    Shares of Guess? Inc . (NYSE:GES) plunged more than 11% in after-hours trading after the company reported mixed fiscal fourth-quarter results, and gave meek first-qu...

  4. Guess Fourth-quarter Profit Slips To $1.05 a Share

    Guess Inc . said late Wednesday its fourth-quarter profit attributable to Guess fell to $95.9 million, or $1.05 a share, from $103.3 million, or $1.11 a share, in th...

  5. Guess Third-quarter Profit Edges Down To $66.3 Mln

    Guess Inc . late Wednesday reported its third-quarter profit attributable to Guess fell to $66.3 million, or 71 cents a share, from $69.1 million, or 75 cents a shar...

  6. Guess names new head for North American business

    Guess, known for its jeans, said on Monday that Nancy Shachtman, who first joined Guess in 1986, will oversee its North American stores as well as its wholesale oper...

  7. Week Ahead: Housing Data & Thanksgiving

    Earnings, housing data and Thanksgiving are on investors’ plates next week. The markets are closed Thursday and open for a half-day Friday.Figures on existing- and n...

  8. Guess 2Q Tops Street, Guides In-Line

    Guess Inc. (GES) posted second-quarter earnings that topped the Street’s view and gave third-quarter guidance in-line with expectations, but the company merely reaff...

  9. Week Ahead: Retailer Earnings and GDP Revision

    Earnings reports from retailers next week are likely to show consumers remain skeptical that an economic turnaround is imminent.As if to emphasize that point, econom...

  1. Kohl's, Tiffany Slump; Coldwater Creek Jumps

    Retail stocks fell on Thursday after retailers missed their November same-store sales and others including Tiffany & Co. , Aeropostale Inc. and Guess Inc. offered di...

  2. Big 5 Jumps On Results; Guess Slumps

    Big 5 Sporting Goods Corp. surged 16% on Friday after the sporting goods retailer's third-quarter results topped Wall Street expectations. Designer label Ralph Laure...

  3. Guess Drops As Morgan Stanley Rates It Underweight

    Guess? Inc. shares fell 4% on Friday after Morgan Stanley started the coverage of the apparel stock with an underweight rating. Vera Bradley Inc. was up 1% in a lowe...

  4. MARKET SNAPSHOT: U.S. Stocks Face Resistance From Europe Headwinds

    U.S. stock advances are expected to run into resistance next week, following the longest winning streak since January 2011, as a lack of fresh incentives and opacity...

  5. Fossil, Warnaco Jump; Office Depot Drops

    Fossil Inc. shares surged 29% on Tuesday after the watch and accessories maker reported a better-than-expected second-quarter profit. The results also relieved worri...

  6. Gucci Wins $4.66 Million, Ban On Guess Knock-Offs -Reuters

    Apparel retailer Guess Inc. (GES) was ordered by a U.S. judge Monday to pay Gucci $4.66 million in a patent infringement case and awarded the Italian luxury goods co...

  7. Fossil Shares Plunge As Europe Woes Hurt Business

    Jewelry and accessory maker Fossil Inc. (FOSL) said the weak European economy has hurt sales, a revelation that removed more than a third of the company's market val...

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