Mixed Results Leave Guess?, Inc. Investors Guessing
Global fashion companies often face the major challenge of where to concentrate their efforts to get the best financial results. Guess? (NYSE: GES) has dealt with that issue for quite a while, with strength in areas like Europe and Asia battling against strong headwinds in the Americas.
Coming into Tuesday's fiscal third-quarter financial report, Guess? investors had hoped that the jeans maker would be able to sustain some of the positive momentum it had generated in recent quarters. Instead, the company's results were mixed, again showing the disparities across its geographical footprint. Let's look more closely at Guess? and what happened to the retailer this quarter.
Image source: Guess?
Source: Fool.com
Guess Inc. Stock
€19.10
-1.580%
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With a target price of 34 € there is a hugely positive potential of 78.01% for Guess Inc. compared to the current price of 19.1 €.
