Guess? shares are trading higher after the company reported better-than-expected Q4 financial results and declared a special dividend of $2.25 per share.
Portfolio Pulse from Benzinga Newsdesk
Guess? Inc. (GES) shares surged following the announcement of its Q4 financial results, which exceeded expectations. Additionally, the company declared a special dividend of $2.25 per share.
March 20, 2024 | 8:26 pm
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Guess? Inc. reported better-than-expected Q4 financial results and declared a special dividend of $2.25 per share, indicating strong financial health and shareholder value.
The positive earnings report and the declaration of a substantial special dividend are strong indicators of Guess? Inc.'s financial health and its commitment to returning value to shareholders. This news is likely to boost investor confidence and attract more interest in GES shares, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100