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LOS ANGELES - Guess?, Inc. (NYSE:GES) reported better-than-expected fourth quarter results, sending shares up 6.9% in after-hours trading. The fashion retailer posted adjusted earnings per share of $1.48, beating analyst estimates of $1.43, on revenue of $932.3 million, which topped expectations of $920.92 million.
For the fourth quarter, Guess? saw revenue increase 5% YoY, or 9% in constant currency. Growth was primarily driven by the recent rag & bone acquisition, positive momentum in wholesale businesses in Europe and the Americas, and increased licensing revenues.
"In the fourth quarter, we delivered revenue growth of 5% in U.S. dollars and 9% in constant currency," said CEO Carlos Alberini. "All of our operating segments posted revenue growth, except for our Asia segment."
However, the company’s adjusted operating margin decreased to 11.4% from 14.6% in the same quarter last year, primarily due to higher expenses, advertising costs, and the impact of newly acquired businesses.
For the full fiscal year 2025, Guess? reported revenue of $3.0 billion, up 8% YoY, or 10% in constant currency. Adjusted EPS for the year came in at $1.96.
Looking ahead, Guess? provided fiscal 2026 guidance that fell short of analyst expectations, forecasting adjusted EPS of $1.32 to $1.76 compared to the $2.07 consensus estimate. The company expects revenue to increase between 3.9% and 6.2% for the full year.
Additionally, Guess? announced the appointment of Alberto Toni as its new Chief Financial Officer, effective mid-June. Toni brings over 30 years of global financial and operational experience to the role.
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