Skip to main content
BoF Logo

Agenda-setting intelligence, analysis and advice for the global fashion community.

The Business of Fashion
Financial Markets

Guess Reports Third Quarter Loss

The results topped Wall Street expectations.
Guess Autumn/Winter 2016 campaign | Source: Guess
By
  • Associated Press

LOS ANGELES, United States — Guess Inc. (GES) on Tuesday reported a fiscal third-quarter loss of $2.9 million, after reporting a profit in the same period a year earlier.

The Los Angeles-based company said it had a loss of 4 cents per share. Earnings, adjusted for non-recurring costs, were 12 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share.

The clothing company posted revenue of $554.1 million in the period.

ADVERTISEMENT

For the current quarter ending in January, Guess expects its per-share earnings to range from 48 cents to 55 cents.

The company expects full-year earnings in the range of 56 cents to 63 cents per share.

Guess shares have climbed 48 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $17.95, a climb of 15 percent in the last 12 months.

WF6AKN4F5RCK7OJGVWGZOCNOSQ
In This Article
Topics
Organisations
Location
Tags

© 2026 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Financial Markets
A financial lens on the fast-changing fashion sector, including markets, investors and deals.

L Catterton: Finding Value in a Tough Market

Nikhil Thukral, managing partner at the LVMH-affiliated private equity fund, talks about the ingredients of winning companies, the dynamics challenging fashion's incumbents and how economic shifts are shaping investor strategies in the BoF-McKinsey State of Fashion 2025.

The Best of BoF 2023: Diversity’s Litmus Test

In 2020, like many companies, the $50 billion yoga apparel brand created a new department to improve internal diversity and inclusion, and to create a more equitable playing field for minorities. In interviews with BoF, 14 current and former employees said things only got worse.

The Year Ahead: The Future of Fashion Deal-Making

For fashion’s private market investors, deal-making may provide less-than-ideal returns and raise questions about the long-term value creation opportunities across parts of the fashion industry, reports The State of Fashion 2024.

view more
Latest News & Analysis
Unrivalled, world class journalism across fashion, luxury and beauty industries.

Estée Lauder’s Surprise Acquisition, Explained

The American cosmetic giant’s buyout of Ayurvedic beauty line Forest Essentials came as a surprise. By picking an under-the-radar brand it knows well, the company can show that it’s still in the M&A game without needing to outbid rivals.

VIEW MORE

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
© 2026 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy, Cookie Policy and Accessibility Statement.