v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
May 03, 2025
May 04, 2024
Net revenue $ 647,801 $ 591,943
Cost of product sales 389,344 343,842
Gross profit 258,457 248,101
Selling, general and administrative expenses 286,536 266,848
Asset impairment charges 6,089 1,141
Net gains on lease modifications (236) 0
Gain on equity method investment (624) 0
Loss from operations (33,308) (19,888)
Other income (expense):    
Interest expense (7,838) (6,374)
Interest income 2,027 3,648
Loss on extinguishment of debt 0 (1,952)
Other income, net 1,364 35,767
Total other income (expense) (4,447) 31,089
Earnings (loss) before income tax benefit (37,755) 11,201
Income tax benefit (6,516) (4,705)
Net earnings (loss) (31,239) 15,906
Net earnings attributable to noncontrolling interests 1,689 2,884
Net earnings (loss) attributable to Guess?, Inc. $ (32,928) $ 13,022
Net earnings (loss) per common share attributable to common stockholders:    
Basic (in dollars per share) $ (0.65) $ 0.24
Diluted (in dollars per share) $ (0.65) $ 0.23
Weighted average common shares outstanding attributable to common stockholders:    
Basic (in shares) 51,375 52,908
Diluted (in shares) 51,375 55,538
Product sales    
Net revenue $ 622,806 $ 562,953
Net royalties    
Net revenue $ 24,995 $ 28,990