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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 733M | 25.6% |
| Gross Profit | 320M | 29% |
| Cost of Revenue | 698M | 14.1% |
| Operating expense | 271M | 1.3% |
| Net Income | -11M | 181.4% |
| EBITDA | 48M | 14891.3% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 2.78B | 1% |
| Total Liabilities | 2.24B | 4.8% |
| Total Equity | 491M | 13.1% |
| Shares Outstanding | 51M | 3.9% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 45M | 294.8% |
| Cash from investing | 17M | 121.9% |
| Cash from financing | -80M | 407.1% |
EPS
Financial Highlights for GUESS in Q3 '24
GUESS reported a revenue of 733M, which is a 25.6% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 320M, marking a 29% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 698M, a 14.1% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 271M, showing a 1.3% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -11M, showing a -181.4% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 48M, showing a 14891.3% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
GUESS faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies.