Description

Guess? Inc: A 5.5% To 7.4% Growth Outlook Highlights Limited Expansion Visibility!

Guess?, Inc. reported first-quarter fiscal 2026 results that surpassed internal expectations on several financial metrics, aided significantly by the full-quarter contribution from its recent rag & bone acquisition and growth in its wholesale channels across Europe and the Americas. Total revenues increased 9% in U.S. dollars to $648 million, or 12% on a constant currency basis, primarily driven by rag & bone, which added nine points of constant currency growth compared to a single month in the prior year. The core Guess? business achieved around 3% constant currency growth, led by robust shipments in wholesale operations, which helped offset weaker direct-to-consumer performance and a decline in licensing revenue. Regional performance was mixed. The European wholesale business posted mid-teen revenue growth, supported by early product shipments to circumvent supply chain issues related to the Red Sea crisis.