Guess?, Inc. Reports Third Quarter Financial Results

Guess?, Inc. ( (GES) ) has released its Q3 earnings. Here is a breakdown of the information Guess?, Inc. presented to its investors.

Guess?, Inc., a prominent player in the apparel and fashion industry, reported its fiscal year 2025 third-quarter financial results, showcasing diverse performance across its global segments. Known for its contemporary apparel, denim, and accessories, Guess? continues to expand its global footprint with strategic acquisitions like rag & bone.

The company’s revenues for the third quarter rose to $739 million, marking a 13% increase in U.S. dollars and a 14% increase in constant currency, driven by the acquisition of rag & bone and modest growth in core Guess businesses. However, despite this revenue growth, the company reported a GAAP net loss of $23.4 million, primarily due to a significant unrealized loss related to derivatives. Adjusted earnings per share were $0.34, reflecting a 31% decline from the previous year.

Key financial highlights include a strong performance in the Americas Wholesale segment with a 79% revenue increase, while the Americas Retail and Asia segments faced challenges with decreased comparable sales. The European market showed steady growth. The company’s operating margin was impacted negatively by higher expenses and unfavorable channel mix, resulting in a decrease to 5.7% from the previous year’s 8.4%.

Looking ahead, Guess? anticipates a challenging fourth quarter, affected by current consumer sentiment and slow customer traffic in North America and Asia. The company has adjusted its fiscal year 2025 outlook, expecting revenue growth between 7.1% and 8.1% and adjusted EPS between $1.85 and $2.00.

Overall, Guess? remains focused on leveraging its strong platform and strategic initiatives to navigate the current market challenges and create long-term value for its shareholders.