-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MK9nqiJuDStiw24Kx9830+HbD5ZWy9bw6ob50cS0sQjftHb/ko2TlwHcC5HzbOhS Ne43UHEzrf7B26SptyIQqw== 0001275287-07-000180.txt : 20070118 0001275287-07-000180.hdr.sgml : 20070118 20070118080048 ACCESSION NUMBER: 0001275287-07-000180 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070118 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070118 DATE AS OF CHANGE: 20070118 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GUESS INC CENTRAL INDEX KEY: 0000912463 STANDARD INDUSTRIAL CLASSIFICATION: WOMEN'S, MISSES', CHILDREN'S & INFANTS' UNDERGARMENTS [2340] IRS NUMBER: 953679695 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11893 FILM NUMBER: 07536425 BUSINESS ADDRESS: STREET 1: ATTN: ANGELINA ORONA STREET 2: 1444 SOUTH ALAMEDA STREET CITY: LOS ANGELES STATE: CA ZIP: 90021 BUSINESS PHONE: (213) 765-3100 MAIL ADDRESS: STREET 1: ATTN: ANGELINA ORONA STREET 2: 1444 SOUTH ALAMEDA STREET CITY: LOS ANGELES STATE: CA ZIP: 90021 FORMER COMPANY: FORMER CONFORMED NAME: GUESS INC ET AL/CA/ DATE OF NAME CHANGE: 19940902 8-K 1 gi8589.txt FORM 8-K ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT (Date of earliest event reported): JANUARY 18, 2007 GUESS?, INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation) 1-11893 95-3679695 (Commission File Number) (IRS Employer Identification No.) 1444 S. Alameda Street Los Angeles, California 90021 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (213) 765-3100 Not applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ================================================================================ ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION. Guess?, Inc. (the "Company") issued a press release on January 18, 2007 which provided updated guidance for the Company's fourth quarter and fiscal year 2006. The press release is furnished herewith as Exhibit 99.1. The information in this Current Report on Form 8-K is being furnished under Item 2.02 and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act"), or otherwise subject to the liabilities of such section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits. The following exhibit is furnished herewith: 99.1 Press release of Guess?, Inc. dated January 18, 2007 (announcing updated guidance) 2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: January 18, 2007 GUESS?, INC. By: /s/ Carlos Alberini ------------------------------------- Carlos Alberini President and Chief Operating Officer 3 EXHIBIT INDEX EXHIBIT NO. DESCRIPTION - ----------- ----------------------------------------------------------------- 99.1 Press release of Guess?, Inc. dated January 18, 2007 (announcing updated guidance) 4 EX-99.1 2 gi8589ex991.txt EXHIBIT 99.1 Exhibit 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE Contacts: Carlos Alberini President & Chief Operating Officer (213) 765-3582 Dennis R. Secor SVP & Chief Financial Officer (213) 765-3289 Joseph Teklits Integrated Corporate Relations (203) 682-8258 GUESS?, INC. RAISES FOURTH QUARTER 2006 --------------------------------------- EPS GUIDANCE TO $0.91 - $0.93 FROM $0.65 - $0.67; ------------------------------------------------- INCREASES FISCAL YEAR 2006 EPS GUIDANCE TO $2.60 - $2.62 -------------------------------------------------------- LOS ANGELES, JAN. 18, 2007 - Guess?, Inc. (NYSE: GES) today raised its earnings per share guidance for the fourth quarter ended December 31, 2006 to a range of $0.91 to $0.93 compared to earnings per share of $0.57 in the fourth quarter of 2005. The Company raised its earnings per share guidance for the fiscal year ended December 31, 2006 to a range of $2.60 to $2.62, compared to $1.31 per share in 2005. Previous fourth quarter earnings guidance was $0.65 to $0.67 per share, which would have resulted in fiscal year 2006 earnings per share of $2.34 to $2.36. Strong performance in the Company's retail, licensing and wholesale segments drove the improved operating results for the quarter. The Company's retail segment exceeded previous expectations due to higher revenues coupled with better gross margins resulting from more full-priced selling. Strong sales of the Company's accessories drove higher than expected licensing revenues, and the wholesale segment benefited from higher revenues and improved margins in the period. Paul Marciano, Chief Executive Officer, stated, "We are very pleased with the momentum across all of our businesses and geographic regions of the world, which reflects the strong global acceptance of our brand. Our strategy to execute a diversified and balanced business continues to be our top priority, resulting in profitable growth as we expand globally." The Company plans to release its financial results for the fourth quarter and fiscal year ended December 31, 2006 on February 14, 2007 and will address its guidance for the current fiscal year at that time. Guess?, Inc. designs, markets, distributes and licenses a lifestyle collection of contemporary apparel, accessories and related consumer products. At December 31, 2006 the Company operated 336 retail stores in the United States and Canada. The Company also distributes its products through better department and specialty stores around the world. For more information about the Company, please visit www.guessinc.com. Except for historical information contained herein, certain matters discussed in this press release, including statements concerning the Company's future prospects and guidance for the fourth quarter and fiscal year of 2006, are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are only expectations, and involve known and unknown risks and uncertainties, which may cause actual results in future periods to differ materially from what is currently anticipated. Factors which may cause actual results in future periods to differ materially from current expectations include the completion of the review of the Company's fourth quarter and fiscal year 2006 financial statements. In addition to such factors, the economic and other factors identified in the Company's most recent annual report on Form 10-K and other filings with the Securities and Exchange Commission, including but not limited to the risk factors discussed therein, could cause actual results to differ materially from current expectations. # # # -----END PRIVACY-ENHANCED MESSAGE-----