Guess? Inc. (GES)
Pretax margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 223,617 | 186,112 | 245,043 | -87,567 | 118,488 |
| Revenue | US$ in thousands | 2,749,310 | 2,640,650 | 2,591,630 | 1,876,530 | 2,678,110 |
| Pretax margin | 8.13% | 7.05% | 9.46% | -4.67% | 4.42% |
February 3, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $223,617K ÷ $2,749,310K
= 8.13%
The pretax margin of Guess? Inc. has shown fluctuations over the past five years. In the most recent fiscal year as of February 3, 2024, the pretax margin stood at 8.13%, reflecting an increase from the previous year's 7.05%. This suggests an improvement in the company's ability to generate profit before accounting for taxes relative to revenue.
Comparing the current pretax margin to historical data, Guess? Inc. achieved a higher pretax margin in the fiscal year ending January 29, 2022, at 9.46%. This indicates that the company was more profitable in that particular period. However, in the fiscal year ending January 30, 2021, Guess? Inc. reported a negative pretax margin of -4.67%, suggesting that the company incurred losses before taxes during that year.
Overall, the trend in Guess? Inc.'s pretax margin indicates variability in profitability over the past five years, with some years exhibiting strong performance while others facing challenges. Further analysis is recommended to understand the factors contributing to these fluctuations and to assess the company's overall financial health.