Guess?, Inc. reported financial results for the second quarter of fiscal 2026, showing a revenue increase of 6% to $772.9 million compared to the same prior-year quarter.
The company's operating margin was 2.3%, with an adjusted operating margin of 3.7%. GAAP EPS was $0.12 and adjusted EPS was $0.26.
Guess?, Inc. highlighted strong performance in Europe and Americas Retail segments, supported by improved comparable store sales.
Proposed Take-Private Transaction with Authentic Brands Group
Guess? shareholders (except Rolling Stockholders) to receive $16.75 per share in cash as part of 51% acquisition by Authentic Brands Group.
Financial Performance in Q2
GAAP net earnings of $6.2 million with a positive impact from share buybacks and currency. Adjusted net earnings decreased by 40% to $13.8 million.
Revenue Growth
Total net revenue increased by 6% in fiscal 2026 Q2, driven by strong performance in Europe and retail comparable sales.
- The revenue growth in Europe and the Americas Retail segment reflects the company's successful strategy in driving sales and improving store performance.
- The Proposed Take-Private Transaction with Authentic Brands Group signifies a significant shift in ownership structure and future business operations, subject to shareholder approval.
Guess?, Inc.'s second quarter results demonstrate resilience and growth, supported by effective margin management and revenue enhancement strategies.