Guess? Q3 Earnings Lag Estimates, View Cut Amid External Challenges

Guess?, Inc. (GES) posted third-quarter fiscal 2025 results, wherein the top and bottom lines fell short of the Zacks Consensus Estimate and earnings declined year over year. Revenues increased year over year, mainly backed by the rag & bone buyout (concluded in April 2024) and modest growth in the company’s core businesses. The company is lowering its earnings and revenue outlook due to external challenges, including currency fluctuations, elevated freight costs and increased taxes. GES also anticipates th ...