Guess? Lowers FY25 Outlook To Reflect Softer Consumer Environment
Portfolio Pulse from Benzinga Newsdesk
Guess? Inc. has lowered its fiscal year 2025 outlook due to a softer consumer environment, indicating potential challenges in consumer spending and demand for its products.
August 28, 2024 | 8:23 pm
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Guess? Inc. has revised its fiscal year 2025 outlook downward, citing a softer consumer environment. This suggests potential challenges in consumer spending and demand for Guess? products, which could impact the company's revenue and stock price.
The downward revision of Guess? Inc.'s FY25 outlook is directly related to a softer consumer environment, which is likely to affect consumer spending and demand for the company's products. This could lead to lower revenues and potentially impact the stock price negatively in the short term.
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