Guess? Q3 revenue up 7% as guidance paused amid Authentic deal

Core Insights - The company reported a revenue growth of 7% in US dollars and 5% in constant currency for Q3 FY26, driven by strong performance in the Americas Wholesale and European markets [2] - The Americas retail division saw a 2% decline in revenue, with comparable sales decreasing by 3% [1][2] - The company experienced a net earnings improvement to $25.6 million from a GAAP net loss of $23.4 million in the same quarter last year [2] Financial Performance - GAAP earnings from operations were reported at $23.2 million, a decrease of 45.2% from $42.3 million in the previous year [3] - The operating margin under GAAP fell to 2.9%, down from 5.7% in the prior-year quarter, attributed to higher expenses including transaction costs related to a pending take-private deal [3] Proposed Transaction - The company has entered into a definitive agreement with Authentic Brands Group for a take-private transaction, where Authentic will acquire a controlling stake of 51% [4] - The transaction is subject to regulatory approvals and is expected to close in Q4 FY26 [5] - Financial guidance for fiscal 2026 has been suspended due to the proposed transaction, with previous projections indicating revenue growth of 5.5% to 7.4% and GAAP operating earnings between $124 million to $148 million [5]