Guess? Q3 revenue up 7% as guidance paused amid Authentic deal

In the European market, revenues roseate by 10% portion revenues for the Americas Wholesale conception roseate by 28% successful Q3 FY26.

However, Guess?'s Americas retail part experienced a 2% diminution successful gross successful some reported and changeless currency measures, portion retail comparable income (including ecommerce) decreased 3%.

The company's revenues successful Asia decreased by 8% implicit the quarter.

Guess? CEO Carlos Alberini said: “We are pleased with our 3rd 4th performance, with gross maturation of 7% successful US dollars and 5% successful changeless currency, driven by a beardown show of our Americas Wholesale and Europe businesses. In our Americas Retail business, contempt continued softness, we were encouraged by the continued betterment successful same-store income versus the anterior quarter.”

Guess? posted nett net of $25.6m successful the 3rd quarter, an betterment from a GAAP nett nonaccomplishment of $23.4m during the equivalent play past year.

The company’s GAAP net from operations stood astatine $23.2m successful Q3, down by 45.2% from $42.3m previously.

The operating borderline nether GAAP was reported astatine 2.9%, down from 5.7% during the prior-year quarter. According to Guess?, this alteration was chiefly owed to higher expenses, which included projected transaction costs related to its pending take-private deal, store operating costs and restructuring charges.

Guess? had entered into a definitive statement for definite shareholders, including Maurice Marciano, Paul Marciano, Carlos Alberini, and Nicolai Marcian, on with affiliates, to signifier a strategical concern with Authentic Brands Group connected 20 August 2025.

Under this arrangement, Authentic would get a controlling involvement of 51% portion these shareholders would clasp the remaining 49% of substantially each intelligence spot assets.

The transaction is taxable to modular regulatory approvals and is expected to adjacent successful the 4th fourth of FY26.

Guess? has suspended its fiscal guidance for fiscal 2026 owed to the projected transaction with Authentic.

In its archetypal 4th fiscal 2026 results, the institution projected full-year gross maturation of 5.5% to 7.4% and expected GAAP operating net successful the scope of $124m to $148m.

Diluted EPS for the afloat twelvemonth is expected to scope from $0.87 to $1.11.

"Guess? Q3 gross up 7% arsenic guidance paused amid Authentic deal" was primitively created and published by Just Style, a GlobalData owned brand.

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