Guess | 8-K: FY2026 Q3 Revenue Beats Estimate at USD 791.43 M

Revenue: As of FY2026 Q3, the actual value is USD 791.43 M, beating the estimate of USD 767.93 M.

EPS: As of FY2026 Q3, the actual value is USD 0.48.

EBIT: As of FY2026 Q3, the actual value is USD 29.23 M.

Segment Revenue

• Europe: Revenue increased by 10% in U.S. dollars and 6% in constant currency, totaling $404.1 million for the third quarter of fiscal 2026.
• Americas Retail: Revenue decreased by 2% in both U.S. dollars and constant currency, totaling $170.0 million for the third quarter of fiscal 2026.
• Americas Wholesale: Revenue increased by 28% in U.S. dollars and 26% in constant currency, totaling $126.1 million for the third quarter of fiscal 2026.
• Asia: Revenue decreased by 8% in U.S. dollars and 6% in constant currency, totaling $60.1 million for the third quarter of fiscal 2026.
• Licensing: Revenue decreased by 6% in both U.S. dollars and constant currency, totaling $31.1 million for the third quarter of fiscal 2026.

Operational Metrics

• Net Income: GAAP net earnings were $25.6 million for the third quarter of fiscal 2026, compared to a GAAP net loss of $23.4 million in the same prior-year quarter.
• Gross Margin: Gross profit was $336.0 million, representing a gross margin of 42.5% for the third quarter of fiscal 2026, compared to 43.6% in the same prior-year quarter.
• Operating Profit: GAAP earnings from operations decreased 45.2% to $23.2 million for the third quarter of fiscal 2026, from $42.3 million in the same prior-year quarter.
• Operating Margin: GAAP operating margin decreased to 2.9% from 5.7% in the same prior-year quarter.

Cash Flow

• Operating Cash Flow: Net cash used in operating activities was - $37.956 million for the nine months ended November 1, 2025.
• Free Cash Flow: Free cash flow was - $103.308 million for the nine months ended November 1, 2025.

Unique Metrics

• Other Income (Expense), Net: Other income, net for the third quarter of fiscal 2026 was $21.2 million, compared to other expense, net of $45.8 million for the same prior-year quarter, primarily due to the fair value remeasurement of derivatives related to the 2028 Notes.

Outlook / Guidance

• The company has suspended its practice of providing and updating financial guidance due to the Proposed Transaction with Authentic Brands Group LLC.