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Posted on Aug 25, 2024

10. Look at how revenue has changed over the years presented in the financial statements. Has it grown? By how much? Use percentages rather than

10. Look at how revenue has changed over the years presented in the financial statements. Has it grown? By how much? Use percentages rather than dollar amounts. Perform an analysis of unearned revenue (aka deferred revenue), as is shown in Ch 5 any concerns? image text in transcribed

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Fiscal 2021 Fiscal 2020 Change % Change $ $ $ 510,806 117,607 941,546 232,574 73,996 1,876,529 811,547 186,389 1,248,114 346,212 85,847 2,678,109 (300,741) (68,782) (306,568) (113,638) (11,851) (801,580) (37.1 %) (36.9%) (24.6%) (32.8 %) (13.8 %) (29.9%) $ $ $ $ $ $ Net revenue: Americas Retail Americas Wholesale Europe Asia Licensing Total net revenue Earnings (loss) from operations: Americas Retail Americas Wholesale Europe Asia Licensing Total segment earnings (loss) from operations Corporate overhead Asset impairment charges Net gains on lease modifications Total earnings (loss) from operations Operating margins: Americas Retail Americas Wholesale Europe Asia Licensing Total Company (15,776) 19,912 66,790 (20,758) 67,938 118,106 (100,962) (80,442) 2,801 (60,497) 22,279 35,674 134,078 (8,894) 74,459 257,596 (106,948) (9,977) (38,055) (15,762) (67,288) (11,864) (6,521) (139,490) 5,986 (70,465) 2,801 (201,168) (170.8 %) (44.2 %) (50.2%) 133.4 % (8.8 %) (54.2%) (5.6 %) 706.3 % $ $ 140,671 $ (143.0 %) (3.1 %) 16.9 % 7.1 % (8.9%) 91.8 % (3.2 %) 2.7 % 19.1 % 10.7 % (2.6 %) 86.7 % 5.3 % Table of Contents GUESS?, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (in thousands) Year Ended Feb 1, 2020 101,229 Year Ended Feb 2, 2019 17,166 $ (17,114) (52,733) 9,304 (988) (7,904) 908 12,652 (1,690) 7,118 (712) Year Ended Jan 30, 2021 Net earnings (loss) (80,741) $ Other comprehensive income (loss) ("OCI"): Foreign currency translation adjustment Gains (losses) arising during the period 31,115 Derivative financial instruments designated as cash flow hedges Gains (losses) arising during the period (6,446) Less income tax effect 737 Reclassification to net earnings (loss) for (gains) losses realized (6,117) Less income tax effect 650 Defined benefit plans Net actuarial gains (losses) (1,003) Foreign currency and other adjustments (383) Less income tax effect 183 Net actuarial loss amortization 397 Prior service credit amortization (66) Less income tax effect (36) Total comprehensive income (loss) (61,710) Less comprehensive income attributable to noncontrolling interests: Net earnings 488 Foreign currency translation adjustment (204) Amounts attributable to noncontrolling interests 284 Comprehensive income (loss) attributable to Guess?, Inc. (61,994) $ See accompanying notes to consolidated financial statements. 406 (34) (30) 446 (39) (38) 86,146 1,733 311 (528) 600 (28) (76) (16,187) 5,254 629 5,883 80,263 3,067 (236) 2,831 (19,018) $ F-6 Screenshot Fiscal 2021 Fiscal 2020 Change % Change $ $ $ 510,806 117,607 941,546 232,574 73,996 1,876,529 811,547 186,389 1,248,114 346,212 85,847 2,678,109 (300,741) (68,782) (306,568) (113,638) (11,851) (801,580) (37.1 %) (36.9%) (24.6%) (32.8 %) (13.8 %) (29.9%) $ $ $ $ $ $ Net revenue: Americas Retail Americas Wholesale Europe Asia Licensing Total net revenue Earnings (loss) from operations: Americas Retail Americas Wholesale Europe Asia Licensing Total segment earnings (loss) from operations Corporate overhead Asset impairment charges Net gains on lease modifications Total earnings (loss) from operations Operating margins: Americas Retail Americas Wholesale Europe Asia Licensing Total Company (15,776) 19,912 66,790 (20,758) 67,938 118,106 (100,962) (80,442) 2,801 (60,497) 22,279 35,674 134,078 (8,894) 74,459 257,596 (106,948) (9,977) (38,055) (15,762) (67,288) (11,864) (6,521) (139,490) 5,986 (70,465) 2,801 (201,168) (170.8 %) (44.2 %) (50.2%) 133.4 % (8.8 %) (54.2%) (5.6 %) 706.3 % $ $ 140,671 $ (143.0 %) (3.1 %) 16.9 % 7.1 % (8.9%) 91.8 % (3.2 %) 2.7 % 19.1 % 10.7 % (2.6 %) 86.7 % 5.3 % Table of Contents GUESS?, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (in thousands) Year Ended Feb 1, 2020 101,229 Year Ended Feb 2, 2019 17,166 $ (17,114) (52,733) 9,304 (988) (7,904) 908 12,652 (1,690) 7,118 (712) Year Ended Jan 30, 2021 Net earnings (loss) (80,741) $ Other comprehensive income (loss) ("OCI"): Foreign currency translation adjustment Gains (losses) arising during the period 31,115 Derivative financial instruments designated as cash flow hedges Gains (losses) arising during the period (6,446) Less income tax effect 737 Reclassification to net earnings (loss) for (gains) losses realized (6,117) Less income tax effect 650 Defined benefit plans Net actuarial gains (losses) (1,003) Foreign currency and other adjustments (383) Less income tax effect 183 Net actuarial loss amortization 397 Prior service credit amortization (66) Less income tax effect (36) Total comprehensive income (loss) (61,710) Less comprehensive income attributable to noncontrolling interests: Net earnings 488 Foreign currency translation adjustment (204) Amounts attributable to noncontrolling interests 284 Comprehensive income (loss) attributable to Guess?, Inc. (61,994) $ See accompanying notes to consolidated financial statements. 406 (34) (30) 446 (39) (38) 86,146 1,733 311 (528) 600 (28) (76) (16,187) 5,254 629 5,883 80,263 3,067 (236) 2,831 (19,018) $ F-6 Screenshot