Guess (GES) Stock

Guess?, Inc. (GES) Q3 2025 Earnings Call Transcript

Guess shares have underperformed, dropping 20% in the past year and another 10% after disappointing Q3 results, highlighting ongoing struggles in the US and Asia. Despite strong European sales, Guess faces margin pressure due to high inventories and markdowns, leading to a reduced operating margin and earnings. Management's repeated guidance cuts and over-ordering issues indicate a lack of control over business dynamics, raising concerns about future performance.

Guess (GES) came out with quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.49 per share a year ago.

LOS ANGELES--(BUSINESS WIRE)--Guess?, Inc. (NYSE: GES) today reported financial results for its third quarter ended November 2, 2024. Carlos Alberini, Chief Executive Officer, commented, “In the third quarter we delivered revenue growth of 13%. This increase was primarily driven by the rag & bone acquisition coupled with modest growth of our core Guess businesses. All of our operating segments posted revenue growth, except for our Licensing segment, which was impacted by the internalization.

LOS ANGELES--(BUSINESS WIRE)--Guess?, Inc. (NYSE: GES) will release its financial results for the third quarter of fiscal year 2025, which ended November 2, 2024, on Tuesday, November 26, 2024. The Company will webcast a conference call at 4:45 p.m. (ET) that day to discuss the results. A live webcast will be accessible at www.guess.com via the “Investor Relations” link. A replay of the conference will be archived on the website for 30 days. Guess?, Inc. designs, markets, distributes and licens.

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LOS ANGELES and LAS VEGAS , Oct. 21, 2024 /PRNewswire/ -- Truelink Capital today announced that it has entered into a definitive agreement to acquire GES, a leading provider in the global exhibition and event industry. Financial terms will be disclosed publicly in Viad Corp's press release and on Form 8-K.

Guess? is supporting business growth via investments in marketing new stores and infrastructure. Challenges stemming from a weaker consumer environment is a concern.

GES' fiscal Q2 results showcase lower earnings on higher marketing spend. Management lowers fiscal 2025 outlook on weaker consumer environment.