Lifestyle apparel firm Guess' Q3 revenue beats analyst estimates

Overview

• Guess fiscal Q3 revenue grows 7%, beating analyst expectations

• Adjusted EPS for fiscal Q3 beats consensus, reflecting strong operational performance

• Company announces proposed take-private transaction with Authentic Brands Group

Outlook

• Guess suspends financial guidance due to pending take-private transaction

• Proposed transaction with Authentic Brands expected to close in Q4 fiscal 2026

Result Drivers

• AMERICAS WHOLESALE - Co attributes 28% revenue increase in Americas Wholesale to strong demand

• EUROPE GROWTH - Europe revenues increased 10% in U.S. dollars, driven by higher initial markups

• AMERICAS RETAIL - Americas Retail revenues decreased 2%, with negative impact from e-commerce sales

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the apparel & accessories retailers peer group is "buy."

• Wall Street's median 12-month price target for Guess? Inc is $16.75, about 1% below its November 24 closing price of $16.91

• The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nBwQQ413a

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