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The Company designs, markets, distributes and licenses lifestyle collections of contemporary apparel and accessories for men, women and children that reflect the American lifestyle and European fashion sensibilities.
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pbrman (< 20) Submitted: 8/27/07 4:42 PM : Start Price: $49.65 GES Score: -12.21
You can't beat growth to drive a stock price. Look at the numbers for earnings and sales for the last 8 quarters. Strong presence in Europe. Expanding in Asia. Same store sales up 13.6%. Income from licensing for 2008 Q1 is up 41.5% from a year ago. They are doing everthing right.
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pbrman (< 20) Submitted: 9/05/07 12:53 PM
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This Fool article says it better than I can - http://www.fool.com/investing/general/2007/09/05/guess-whos-looking-good.aspx
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abitarecatania (96.59) Submitted: 11/20/07 1:27 AM
So far so good, this should be a big lesson for you when the recession becomes more apparent and this stock drops to the floor. You have never been to Asia? Right? 99.9999999% of any Guess, Nike or US movie sold in Asia is a Fake copy.
BartlebyPontif (< 20) Submitted: 12/28/07 4:11 PM
What recession? Let’s do a reality check. I don’t pay much heed to the Chicken Littles of the press. The media keeps telling us to wait for the inevitable recession caused by the sub-prime credit problems and the weakness in real estate. Well, how long have we been hearing this? 6 months? And nothing. News flash: despite headlines, we are not in a recession. What we have here in the market is a clash between fear and facts. Fear is keeping the bulls from running. The reality is that unemployment is low, real wage growth is solid, consumer spending is good, exports are good. Investors will eventually come to grips with the fact that there is no recession. We are going into 2008 with falling interest rates, expanding money supply, a weak dollar, and the government is spending like there is no tomorrow. This sounds like a recipe for continued economic growth. On Dec 4th, GUESS beat estimates and raised guidance. The stock market is a popularity contest in the short term and a scale in the long term. Stocks always come back to the companies' fundamentals. The fact is that GUESS keeps raising guidance and then keeps beating it. The facts show that GUESS is still executing. Fear tells you when to buy, and facts tell you what to buy. Boo!