Guess? Inc. (GES)
Net profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 198,199 | 149,610 | 171,363 | -81,229 | 95,975 |
| Revenue | US$ in thousands | 2,749,310 | 2,640,650 | 2,591,630 | 1,876,530 | 2,678,110 |
| Net profit margin | 7.21% | 5.67% | 6.61% | -4.33% | 3.58% |
February 3, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $198,199K ÷ $2,749,310K
= 7.21%
The net profit margin of Guess? Inc. has exhibited fluctuations over the past five years. In the most recent fiscal year ending on February 3, 2024, the net profit margin stood at 7.21%, reflecting an improvement compared to the previous fiscal year's margin of 5.67% on January 28, 2023. This increase indicates greater efficiency in managing operating expenses relative to revenue generation.
In the fiscal year ending on January 29, 2022, the net profit margin was 6.61%, showing a slight decrease from the prior year but remaining at a relatively healthy level. However, in the fiscal year ending on January 30, 2021, Guess? Inc. experienced a significant decline in profitability with a negative net profit margin of -4.33%, which could be attributed to various factors such as higher costs or lower sales volumes.
Prior to the challenging year in 2021, Guess? Inc. demonstrated a positive trend in profitability, as evidenced by the 3.58% net profit margin for the fiscal year ending on February 1, 2020, indicating steady improvement in the company's ability to convert revenue into profit.
Overall, while the net profit margin of Guess? Inc. has shown variability, it is essential for the company to continue monitoring and managing expenses effectively to sustain and enhance its profitability levels in the future.