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4-Traders Homepage  >  Equities  >  Nyse  >  Guess?, Inc.    GES

GUESS?, INC. (GES)
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Guess? : Guess forms committee to oversee investigation against co-founder

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02/09/2018 | 09:49pm CET
FILE PHOTO: Shoppers walk by a Guess store in Golden

(Reuters) - Fashion retailer Guess Inc on Friday said its board had formed a special committee to oversee an ongoing investigation into allegations of improper conduct by co-founder Paul Marciano.

Earlier this month, model and actress Kate Upton tweeted accusing Marciano of using his power to harass women.

On Feb. 1 Guess Inc shares fell more than 17 percent following the claims by Upton accusing Marciano of harassing women.

In a filing with the U.S. Securities and Exchange Commission in early February, the company denied any misconduct on the part of Marciano, but said it would investigate Upton's concerns if it determines they had merit. Marciano also separately denied the claims.

The fashion retailer had then said it would investigate Upton's claims "once they are known to determine if they have any merit."

The committee will be made up of two independent directors, the company said in a statement on Friday.

Reuters has not independently confirmed the claims.

(Reporting by Sweta Singh in Bengaluru; editing by Clive McKeef)

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Financials ($)
Sales 2018 2 341 M
EBIT 2018 80,0 M
Net income 2018 33,4 M
Finance 2018 322 M
Yield 2018 5,79%
P/E ratio 2018 37,29
P/E ratio 2019 19,35
EV / Sales 2018 0,41x
EV / Sales 2019 0,42x
Capitalization 1 279 M
Chart GUESS?, INC.
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Guess?, Inc. Technical Analysis Chart | GES | US4016171054 | 4-Traders
Technical analysis trends GUESS?, INC.
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 5
Average target price 17,4 $
Spread / Average Target 12%
EPS Revisions
Managers
NameTitle
Victor Amigo Herrero Chief Executive Officer & Director
Paul Marciano Executive Chairman & Chief Creative Officer
Sandeep Reddy Chief Financial & Accounting Officer
Maurice Marciano Chairman-Emeritus
Anthony Chidoni Independent Non-Executive Director
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