While the company experienced significant revenue growth and success in areas like the Americas wholesale and the integration of rag & bone, challenges in Asia and North America retail, along with currency and freight headwinds, led to a cautious outlook for the remainder of the year.
Company Guidance
During the Guess Third Quarter Fiscal 2025 earnings call, key guidance metrics were provided by the executives. The company reported a 13% increase in revenues, reaching $739 million, though slightly below expectations due to currency fluctuations. Despite challenges, the adjusted operating margin stood at 5.8%, with an adjusted operating profit of $43 million. Adjusted earnings per share were $0.34. For the full fiscal year, Guess revised its revenue outlook to slightly below $3 billion, reflecting growth between 7% and 8%, and updated the adjusted EPS forecast to a range of $1.85 to $2. They noted challenges such as a stronger U.S. dollar, increased freight costs, and consumer price sensitivity impacting the fourth quarter. The company remains optimistic, focusing on strategic initiatives including marketing investments and brand expansion with rag & bone, aiming for long-term growth and value creation.
Revenue Growth
Revenues increased by 13% to $739 million, with a growth of 14% in constant dollars.
Americas Wholesale Success
Sales increased by roughly 25% in the Americas wholesale business, driven by the internalization of outerwear.
Marketing Investments
Marketing and advertising investments increased by roughly 85% to enhance brand awareness and customer engagement.
Rag & Bone Integration
Rag & Bone delivered double-digit sales growth year-over-year, with strong direct-to-consumer trends.
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Guess?, Inc. (GES) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GES Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 26, 2024
$17.00
$16.08
-5.41%
Aug 28, 2024
$19.52
$19.80
+1.43%
May 30, 2024
$22.28
$22.17
-0.49%
Mar 20, 2024
$22.43
$27.08
+20.73%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Guess?, Inc. (GES) report earnings?
Guess?, Inc. (GES) is schdueled to report earning on Mar 19, 2025, TBA Not Confirmed.
What is Guess?, Inc. (GES) earnings time?
Guess?, Inc. (GES) earnings time is at Mar 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.