Guess? Inc. (GES)

Pretax margin

Jan 31, 2025 Feb 3, 2024 Jan 31, 2024 Jan 31, 2023 Jan 28, 2023
Earnings before tax but after interest (EBT) US$ in thousands 80,473 223,617 236,135 198,046 186,112
Revenue US$ in thousands 2,995,270 2,749,310 2,776,530 2,687,350 2,640,650
Pretax margin 2.69% 8.13% 8.50% 7.37% 7.05%

January 31, 2025 calculation

Pretax margin = EBT ÷ Revenue
= $80,473K ÷ $2,995,270K
= 2.69%

Guess? Inc.'s pretax margin has shown fluctuation over the past five years. It increased from 7.05% on January 28, 2023, to 8.50% on January 31, 2024, indicating improved profitability before tax. However, there was a slight decline to 8.13% on February 3, 2024. The pretax margin then decreased significantly to 2.69% on January 31, 2025. This decline may be attributed to various factors such as changes in revenue, operating expenses, or non-operating items impacting pre-tax profitability. It is essential for Guess? Inc. to closely monitor and manage its cost structure and revenue generation to sustain and improve its pretax margin in the future.