Equity Research Focusing on the Consumer Sector, Small Cap Consumer Research

Small Cap Consumer Research

Equity research on small cap consumer names.

Equity Research Focusing on the Consumer Sector

Small Cap Consumer Research, LLC is a leading company-sponsored equity research provider focusing on the consumer sector (apparel, brand licensing and specialty retailing segments).

Equity Bottom-Up

<ul><li>We are reiterating our Buy rating, $23 price target and conservatively tweaking our projections lower for Guess?</li><li>after the company handily beat already depressed 1Q projections on every operating level and provided updated guidance which envisioned further overall progress, somewhat impeded by increased spending, tariffs and, we believe, the conservative nature of Guess?</li><li>management.</li></ul>

We are reiterating our Buy rating, $23 price target and conservatively tweaking our projections lower for Guess?after the company handily beat already depressed 1Q projections on every operating level and provided updated guidance which envisioned further overall progress, somewhat impeded by increased spending, tariffs and, we believe, the conservative nature of Guess?management.

GES: 1Q Review: Back on the Right Path; Reiterate Buy, $23 PT

Guess? Inc

GES: 1Q Review: Back on the Right Path; Reiterate Buy, $23 PT