Equity Research Focusing on the Consumer Sector, Small Cap Consumer Research

Small Cap Consumer Research

Equity research on small cap consumer names.

Equity Research Focusing on the Consumer Sector

Small Cap Consumer Research, LLC is a leading company-sponsored equity research provider focusing on the consumer sector (apparel, brand licensing and specialty retailing segments).

Equity Bottom-Up

<ul><li>We are reiterating our Buy rating and $37 price target for Guess?</li><li>and tweaking and further back-end loading our FY25 and FY26 projections after Guess?</li><li>announced 1QFY25 top and bottom line upside, driven by Europe and Domestic wholesale results, as the rag & bone acquisition proved to be a key positive and the company continues to take share in Europe.</li></ul>

We are reiterating our Buy rating and $37 price target for Guess?and tweaking and further back-end loading our FY25 and FY26 projections after Guess?announced 1QFY25 top and bottom line upside, driven by Europe and Domestic wholesale results, as the rag & bone acquisition proved to be a key positive and the company continues to take share in Europe.

GES: 1Q Review; Creating a Powerful Model; Reiterate Buy, $37 PT

Guess? Inc

GES: 1Q Review; Creating a Powerful Model; Reiterate Buy, $37 PT