Guess Stock Price, News & Analysis

GUESS (NYSE:GES) has released its FY2024-2025 ESG Report titled "It's in Our DNA," showcasing the company's progress in sustainable and responsible business practices through its ACTION GUESS strategy. The report adheres to global standards including GRI Universal Standards, SASB, and GHG Protocol, while aligning with UN Sustainable Development Goals.

The report focuses on three key themes: imagining innovative solutions for stakeholder engagement, innovating responsible business practices with smarter materials, and inspiring inclusive growth and social equity. GUESS has obtained third-party assurance to verify its environmental and social impact measurements, demonstrating its commitment to transparency and accountability.

Guess (GES) reported Q1 fiscal 2026 results with revenues increasing 9% to $648 million in U.S. dollars and 12% in constant currency. The company posted a GAAP loss per share of $0.65 and adjusted loss per share of $0.44. Despite the quarterly loss, Guess updated its full-year outlook, expecting revenue growth of 5.5-7.4% and adjusted EPS between $1.32-$1.64. The results reflect successful integration of rag & bone acquisition and momentum in wholesale businesses. Regional performance varied, with Europe revenues up 8%, Americas Retail up 9%, Americas Wholesale up 63%, while Asia revenues declined 20%. The company announced a quarterly dividend of $0.30 per share, payable July 3, 2025.

Guess Inc. (GES) and WHP Global have announced a four-year exclusive partnership with premium eyewear manufacturer Marcolin for their jointly owned fashion brand rag & bone. The partnership will focus on designing, producing, and distributing a new line of premium sunglasses and eyeglasses. The collection will be available at rag & bone boutiques, their website, and select authorized retailers.

rag & bone, established in New York in 2002, is known for its understated New York aesthetic and quality clothing. The new eyewear line will feature both bold styles for trendsetters and modern designs for everyday wear, inspired by metropolitan lifestyle. This partnership extends Marcolin's existing 30-year relationship with GUESS in the eyewear segment.

GUESS JEANS hosted its fourth annual desert brand experience near the Coachella Festival grounds in Indio, California. The event was reimagined through a creative partnership with renowned Japanese graphic artist VERDY, who designed all event branding, graphics, and exclusive merchandise.

The multi-day celebration featured an exclusive luxury compound hosting various events, including a welcome dinner by Jon & Vinny's and late-night afterparties. Notable attendees included Teyana Taylor, Normani, Lila Moss, and Evan Mock. The weekend's highlights included surprise performances from Charli XCX on Saturday and Don Toliver on Sunday, with impromptu appearances by Ty Dolla $ign, Tyga, and YG.

The event showcased partnerships with luxury lifestyle brands, including the debut of GUESS JEANS' first-ever sunglasses line, styling services by Dreame Tech, and beverages from PATRÓN EL ALTO. Guests were outfitted in latest GUESS JEANS pieces and exclusive VERDY x GUESS JEANS merchandise.

Guess Inc and WHP Global have announced a five-year licensee partnership with Sequel, a division of Timex Group, to develop premium watches for the fashion brand rag & bone. The partnership leverages Sequel's long-standing relationship with GUESS Watches since 1984.

The inaugural watch collection is set to launch in Fall 2025 and will be distributed through premium department stores, specialty stores, and rag & bone boutiques worldwide. This collaboration extends from GUESS and WHP Global's joint ownership of rag & bone, a New York-based fashion brand established in 2002, known for its understated aesthetic and quality clothing.

Guess? (NYSE: GES) has appointed Alberto Toni as its new Chief Financial Officer. Toni, who currently serves as Group Managing Director and CFO of Flos B&B Italia Group S.p.A., will assume the role following the company's next Quarterly Report filing expected by mid-June.

The new CFO brings over 30 years of global financial and operational experience in design, retail, and consumer-focused companies. Toni will be based in Lugano, Switzerland, and will lead Guess?'s global finance team. He succeeds Interim CFO Dennis Secor, who will continue as Executive Vice President through September 12, 2025, to ensure a smooth transition.

Guess? Inc (GES) reported Q4 fiscal 2025 results with revenues reaching $932 million, up 5% in USD and 9% in constant currency. The company delivered an operating margin of 11.1% and adjusted operating margin of 11.4%. Q4 GAAP EPS was $1.16, while adjusted EPS reached $1.48.

For full fiscal year 2025, revenues increased to $3.0 billion, up 8% in USD and 10% in constant currency, with operating margin at 5.8% and adjusted operating margin at 6.0%. The company completed its first-ever acquisition with rag & bone.

Looking ahead to fiscal 2026, GES expects revenue growth between 3.9% and 6.2% in USD, with GAAP operating margins between 4.3% and 5.2%. The company plans to optimize its business portfolio, potentially unlocking $30 million in operating profit by fiscal 2027, including streamlining North American operations and transitioning Greater China operations to a local partner.

Guess? (NYSE: GES) has announced that its Special Committee of the Board of Directors has appointed financial and legal advisors to evaluate the previously announced non-binding proposal from WHP Global. The proposal involves acquiring outstanding Guess? shares at $13.00 per share in cash, excluding shares held by Paul Marciano, Maurice Marciano, and Carlos Alberini.

The Special Committee has retained Solomon Partners as financial advisor and Willkie Farr & Gallagher LLP as legal advisor. The committee is currently evaluating the proposal but has not made any determinations regarding the transaction. No shareholder action is required at this time, and there is no guarantee that a definitive offer will be made or that any transaction will be completed.