Guess?, Inc. has reported its second quarter fiscal 2025 results, revealing a 10% increase in revenues to $733 million, marking a 13% rise in constant currency. The company delivered an operating margin of 6.5% and an adjusted operating margin of 5.2%. However, it reported a GAAP loss per share of $0.28 and an adjusted EPS of $0.42.
The company's outlook for the full fiscal year 2025 has been lowered, with expected revenue to increase between 9.5% and 11.0% in U.S. dollars. It also expects GAAP and adjusted operating margins to be between 7.2% and 7.7% and 7.3% and 7.8%, respectively. Additionally, it anticipates GAAP EPS between $1.92 and $2.14 and adjusted EPS between $2.42 and $2.70.
In terms of regional performance, Europe's revenues increased by 5% in U.S. dollars and 8% in constant currency. Americas retail revenues increased by 8% in U.S. dollars and 9% in constant currency, while Americas wholesale revenues increased by 93% in U.S. dollars and 94% in constant currency. However, Asia's revenues decreased by 8% in U.S. dollars and 4% in constant currency.
For the six months ended August 3, 2024, the company recorded a 7% increase in total net revenue to $1.32 billion, with a 10% increase in constant currency.
Guess?, Inc. has announced its expectations for the third quarter and full fiscal year 2025, with an anticipated increase in consolidated net revenue in U.S. dollars between 14.5% and 16.5% for the third quarter and the full fiscal year. Following these announcements, the company's shares moved -4.6%, and are now trading at a price of $20.22. If you want to know more, read the company's complete 8-K report here.
