US brand Guess' revenue up 7% to $791.4 mn in Q3

Europe revenues increased 10 per cent in US dollars and 6 per cent in constant currency. Retail comparable sales (including e-commerce) increased 7 per cent in US dollars and 2 per cent in constant currency. The inclusion of the company's e-commerce sales positively impacted the retail comparable sales percentage by 1 per cent in both US dollars and constant currency.

Americas retail revenues decreased 2 per cent in both US dollars and constant currency. Retail comparable sales (including e-commerce) decreased 3 per cent in both US dollars and constant currency. The inclusion of the company's e-commerce sales negatively impacted the retail comparable sales percentage by 3 per cent in both US dollars and constant currency. Americas Wholesale revenues increased 28 per cent in US dollars and 26 per cent in constant currency.

Asia revenues decreased 8 per cent in US dollars and 6 per cent in constant currency. Retail comparable sales (including e-commerce) decreased 5 per cent in US dollars and 2 per cent constant currency. The inclusion of the company's e-commerce sales negatively impacted the retail comparable sales percentage by 3 per cent in both US dollars and constant currency.

For the third quarter of fiscal 2026, the company’s adjusted net earnings was $19.0 million, an 8 per cent increase from $17.7 million for the same prior-year quarter. Adjusted diluted EPS increased 3 per cent to $0.35, compared to $0.34 for the same prior-year quarter. The company estimates a minimal impact from its share buybacks and a positive impact from currency of $0.09 on adjusted diluted EPS in the third quarter of fiscal 2026 when compared to the same prior-year quarter, the company said in a press release.

“We are pleased with our third quarter performance, with revenue growth of 7 per cent in US dollars and 5 per cent in constant currency, driven by a strong performance of our Americas Wholesale and Europe businesses. In our Americas retail business, despite continued softness, we were encouraged by the continued improvement in same store sales versus the prior quarter,” Carlos Alberini, chief executive officer, said.

ALCHEMPro News Desk (RR)