Guess?, Inc. (GES) has disclosed a new risk, in the Corporate Activity and Growth category.
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Guess?, Inc. faces significant financial risks associated with the Proposed Transaction, as it has already incurred substantial costs and anticipates further expenses due to unforeseen factors such as delays in approvals and political developments. These unexpected costs could arise from terminated third-party contracts, decreased customer orders, and efforts to maintain employee morale and retain key personnel. Additionally, Guess?, Inc. must navigate transaction fees and operational plan execution costs, which may lead to further unanticipated expenses and delays. The total financial impact remains uncertain, as many costs are difficult to estimate and are payable regardless of the transaction’s completion.
The average GES stock price target is $16.75, implying -1.41% downside potential.
To learn more about Guess?, Inc.’s risk factors, click here.