GUESS INC SEC 10-Q Report

Guess Inc., a global lifestyle brand known for its iconic denim and fashion apparel, has released its latest Form 10-Q report, showcasing a robust financial performance and strategic business developments. The report highlights significant improvements in key financial metrics and outlines the company's operational achievements and future outlook amidst ongoing macroeconomic challenges. Financial Highlights Net Revenue: $791.4 million, reflecting an increase from the previous year's $738.5 million, driven by higher product sales.Gross Profit: $336.0 million, up from $321.9 million, indicating improved cost management and sales performance.Earnings from Operations: $23.2 million, a decrease from $42.3 million, impacted by higher selling, general, and administrative expenses.Net Earnings (Loss) Attributable to Guess?, Inc.: $25.6 million, compared to a loss of $23.4 million in the prior year, showing a significant turnaround.Diluted EPS: $0.48, compared to a loss of $0.47 per share, highlighting improved profitability. Business Highlights Revenue Segments: The company reported net revenue from five segments: Europe, Americas Retail, Americas Wholesale, Asia, and Licensing. Europe was the largest contributor with $1,147 million in net revenue for the nine months ended November 1, 2025.Geographical Performance: The European segment showed strong performance with significant revenue contributions, while the Americas Retail and Wholesale segments faced challenges, reflected in their negative earnings from operations.Sales Units: The company experienced a notable increase in product sales across its segments, with Europe leading in sales volume, followed by Americas Retail and Wholesale.New Product Launches: The acquisition of rag & bone has expanded the company's product offerings, integrating the brand into existing segments and enhancing the company's lifestyle brand portfolio.Future Outlook: The company is navigating macroeconomic challenges, including inflation and geopolitical tensions, which are expected to impact future operations. Strategic management of expenses and monitoring of global developments are ongoing to mitigate these effects.SEC Filing: GUESS INC [ GES ] - 10-Q - Dec. 05, 2025