Feb 01

Guess? Q4 2025 Earnings Report

Guess? reported solid Q4 performance driven by its first acquisition and strength in wholesale and licensing, despite challenges in Asia.

Key Takeaways

Guess? delivered a strong Q4 2025 with revenue growth and solid profitability, supported by the acquisition of rag & bone and strength in wholesale and licensing, though retail sales in Asia declined.

Total revenue reached $932.3 million, a 5% increase YoY

Adjusted EPS was $1.48, down from $2.01 in Q4 2024

Net income was $81.4 million despite a $18.9M unrealized derivatives loss

Wholesale and licensing segments showed strong YoY growth

Total Revenue
$932M
Previous year: $891M
+4.6%
EPS
$1.48
Previous year: $2.01
-26.4%
Stores operated
1.07K
Previous year: 1K
+6.8%
Gross Profit
$411M
Previous year: $405M
+1.5%
Cash and Equivalents
$188M
Previous year: $360M
-47.9%
Free Cash Flow
$29.8M
Previous year: $268M
-88.9%
Total Assets
$2.77B
Previous year: $2.59B
+6.8%

Guess?

Guess?

Guess? Revenue by Segment

Guess? Revenue by Geographic Location

Forward Guidance

In fiscal 2026, Guess? expects modest revenue growth and plans business optimization to drive long-term profit improvement.

Positive Outlook

  • Revenue expected to increase 3.9% to 6.2% YoY
  • Adjusted EPS guidance ranges from $1.32 to $1.76
  • $30M in operating profit anticipated from optimization in FY2027
  • rag & bone integration to support future growth
  • Positive momentum expected in core Guess and Guess Jeans brands

Challenges Ahead

  • Q1 GAAP and adjusted operating margins expected to be negative
  • Retail headwinds in North America and Asia remain
  • Ongoing transition of China operations to third-party partner
  • Store portfolio rationalization may impact short-term revenue
  • Currency fluctuations continue to pose a risk to margins

Revenue & Expenses

Visualization of income flow from segment revenue to net income