Guess? Inc. (GES)
Gross profit margin
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,222,580 | 1,179,324 | 1,157,525 | 1,133,583 | 1,148,747 | 1,157,278 | 1,181,511 | 1,205,096 | 1,169,505 | 1,075,573 | 1,021,489 | 874,431 | 697,102 | 759,371 | 749,350 | 867,988 | 1,015,708 | 983,206 | 973,850 | 947,615 |
| Revenue (ttm) | US$ in thousands | 2,740,394 | 2,650,836 | 2,635,539 | 2,616,264 | 2,644,409 | 2,661,222 | 2,674,342 | 2,663,471 | 2,591,631 | 2,440,151 | 2,366,365 | 2,136,280 | 1,876,529 | 2,070,328 | 2,116,988 | 2,401,669 | 2,678,109 | 2,672,982 | 2,662,445 | 2,625,096 |
| Gross profit margin | 44.61% | 44.49% | 43.92% | 43.33% | 43.44% | 43.49% | 44.18% | 45.25% | 45.13% | 44.08% | 43.17% | 40.93% | 37.15% | 36.68% | 35.40% | 36.14% | 37.93% | 36.78% | 36.58% | 36.10% |
February 3, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,222,580K ÷ $2,740,394K
= 44.61%
Guess? Inc.'s gross profit margin has shown fluctuations over the past few quarters. The company's gross profit margin ranged from a low of 35.40% in May 2020 to a peak of 45.25% in April 2022. Overall, there seems to be a general upward trend in the gross profit margin from 2020 onwards, indicating the company's ability to generate more profit from its sales.
However, it is essential to note the dip in the gross profit margin in the most recent quarter (Feb 3, 2024) to 44.61% from the peak levels seen in the previous quarters. This decline raises concerns about the company's ability to maintain its profit margins amidst changing market conditions or operational challenges.
Further analysis of the factors impacting the cost of goods sold and revenue generation would provide valuable insights into the reasons behind these fluctuations in the gross profit margin.