Guess?, Inc. Announces EUR 100 Million Expansion of Its Existing European Credit Facility
Guess?, Inc. (GES)
Last guess?, inc. earnings: 3/18 04:15 pm
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US:NYSE Investor Relations:
investors.guess.com/financial-information/quarterly-results
Company Research
Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Guess?, Inc. (NYSE: GES) today announced the successful expansion of the borrowing capacity under its existing European revolving credit facility from €250 million to €350 million. The facility, maintained through the Company’s wholly-owned Swiss subsidiary, Guess Europe Sagl, has a remaining term of roughly three years.In line with the Company’s focus on sustainability, the interest rate for the facility continues to be subject to an annual adjustment based on the achievement of specific sustainability goals aimed at reducing greenhouse gas emissions, increasing the use of sustainably sourced materials and increasing the penetration of the Company’s Guess ECO products.Carlos Alberini, Chief Executive Officer of Guess?, Inc., commented, “The expansion of our European credit facility reflects the confidence of our lenders in our strategy and the importance of the European region to our overall Company. The expanded credit facility will provide incremen
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GES
News
- Guess?, Inc. (NYSE: GES) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Guess?, Inc. Reports Fiscal Year 2025 First Quarter ResultsBusiness Wire
- Guess?, Inc. (NYSE: GES) had its "market perform" rating re-affirmed by analysts at Telsey Advisory Group. They now have a $30.00 price target on the stock.MarketBeat
- Guess?, Inc. Appoints Andrew Rosen as Executive Chair of rag & boneBusiness Wire
- Guess?, Inc. to Webcast Conference Call on First Quarter Fiscal 2025 Financial ResultsBusiness Wire
GES
Earnings
- 5/30/24 - Beat
GES
Sec Filings
- 7/1/24 - Form 8-K
- 6/7/24 - Form 10-Q
- 6/4/24 - Form 4
- GES's page on the SEC website