May 04, 2024

Guess? Q1 2025 Earnings Report

Guess? reported first quarter fiscal year 2025 results with revenue increase and mixed performance across segments.

Key Takeaways

Guess?, Inc. reported a 4% increase in revenue to $592 million, driven by Licensing and Americas wholesale businesses. GAAP EPS was $0.23, while adjusted loss per share was $0.27. The company updates full fiscal year 2025 outlook with revenue increase between 10.7% and 12.7%.

Revenues increased to $592 million, up 4% in U.S. dollars and 7% in constant currency.

GAAP EPS was $0.23 and adjusted loss per share of $0.27.

The company delivered an operating margin of (3.4%) and an adjusted operating margin of (1.3%).

Full fiscal year 2025 outlook expects revenue increase between 10.7% and 12.7% in U.S. dollars.

Total Revenue
$592M
Previous year: $570M
+3.9%
EPS
-$0.27
Previous year: -$0.07
+285.7%
Gross Profit
$249M
Previous year: $232M
+7.2%
Cash and Equivalents
$242M
Previous year: $299M
-19.1%
Free Cash Flow
-$44M
Previous year: -$30M
+46.7%
Total Assets
$2.75B
Previous year: $2.44B
+12.6%

Guess?

Guess?

Guess? Revenue by Segment

Guess? Revenue by Geographic Location

Forward Guidance

The Company’s expectations for the second quarter and full fiscal year 2025 are as follows:

Positive Outlook

  • Consolidated net revenue in U.S. dollars increase between 9.0% and 11.0% for the second quarter of fiscal 2025.
  • Consolidated net revenue in U.S. dollars increase between 10.7% and 12.7% for the full fiscal year 2025.
  • GAAP operating margin 5.3% to 6.1% for the second quarter of fiscal 2025.
  • GAAP operating margin 7.3% to 8.1% for the full fiscal year 2025.
  • Adjusted operating margin 5.3% to 6.1% for the second quarter of fiscal 2025.

Challenges Ahead

  • Adjusted operating margin 7.7% to 8.5% for the full fiscal year 2025.
  • GAAP diluted EPS $0.33 to $0.40 for the second quarter of fiscal 2025.
  • GAAP diluted EPS $2.59 to $2.89 for the full fiscal year 2025.
  • Adjusted diluted EPS $0.38 to $0.47 for the second quarter of fiscal 2025.
  • Adjusted diluted EPS $2.62 to $3.00 for the full fiscal year 2025.

Revenue & Expenses

Visualization of income flow from segment revenue to net income