Guess falls as higher costs weigh on Q3 margins

Guess?

26/11/2025 14:25

** Shares of apparel retailer Guess GES.N down 1.1% at $16.89 premarket on margin weakness in Q3

** Operating margin drops to 2.9% from 5.7% last year, hit by transaction costs, store expenses and markdowns

** “The recent strengthening U.S. dollar affected our top line, it also negatively impacted our operating profit expectations by $3 million,” CEO Carlos Alberini says on the earnings call

** Co reported Q3 revenue of $791.4 mln, above est. of $767.9 mln; adj EPS $0.35, above est. of $0.25 - data compiled by LSEG

** Company suspends financial guidance amid pending transaction on a take-private deal with Authentic Brands, expected to close in Q4 FY26

** GES stock up 21.27% YTD, as of last close

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))