Guess?, Inc. ( (GES) ) has released its Q1 earnings. Here is a breakdown of the information Guess?, Inc. presented to its investors.
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Guess?, Inc., a global lifestyle brand known for its contemporary apparel and accessories, reported its fiscal year 2026 first-quarter earnings, highlighting a revenue increase driven by strategic acquisitions and market expansions. The company saw a 9% rise in revenues to $648 million, with a 12% increase in constant currency, despite reporting a GAAP loss per share of $0.65 and an adjusted loss per share of $0.44. Key factors contributing to this growth include the successful integration of the rag & bone brand and strong performance in the Americas wholesale segment, which saw a 63% revenue increase. However, the company faced challenges in Asia, where revenues decreased by 20%. Looking ahead, Guess?, Inc. anticipates continued revenue growth, driven by strategic initiatives such as the expansion of rag & bone and Guess Jeans, while managing tariff impacts and focusing on improving profitability.