Overview
Guess fiscal Q3 revenue grows 7%, beating analyst expectations
Adjusted EPS for fiscal Q3 beats consensus, reflecting strong operational performance
Company announces proposed take-private transaction with Authentic Brands Group
Outlook
Guess suspends financial guidance due to pending take-private transaction
Proposed transaction with Authentic Brands expected to close in Q4 fiscal 2026
Result Drivers
AMERICAS WHOLESALE - Co attributes 28% revenue increase in Americas Wholesale to strong demand
EUROPE GROWTH - Europe revenues increased 10% in U.S. dollars, driven by higher initial markups
AMERICAS RETAIL - Americas Retail revenues decreased 2%, with negative impact from e-commerce sales
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$791 mln
$767.90 mln (3 Analysts)
Q3 Adjusted EPS
Beat
$0.35
$0.25 (3 Analysts)
Q3 EPS
$0.48
Q3 Adjusted Net Income
Beat
$19 mln
$13.90 mln (3 Analysts)
Q3 Net Income
$25.60 mln
Q3 Adjusted EBIT
Beat
$37 mln
$32.40 mln (3 Analysts)
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the apparel & accessories retailers peer group is "buy."
Wall Street's median 12-month price target for Guess? Inc is $16.75, about 1% below its November 24 closing price of $16.91
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 8 three months ago
Press Release: ID:nBwQQ413a
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)