GES on NYSE

Guess

Logo: Eromans12, Public domain, via Wikimedia Commons4

American clothing line brand

Guess?, Inc. (styled as GUESS or Guess?) is an American clothing company, notable for its black-and-white advertisements.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 18, 2026.

Overview

$3.0BRevenue, fiscal 20255
$60.4MNet income, fiscal 20255
1981Founded1

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  • TickerGES on NYSE1
  • Industryretail1
  • HeadquartersLos Angeles1
  • Founded inLos Angeles1
  • Websitewww.guess.com
  • Legal formDelaware corporation1
  • Incorporated inDE6
  • Business addressAttn: Anne Deedwania, 1444 South Alameda Street, Los Angeles, Ca 900216
  • Filer categoryAccelerated filer6
Guessjf
Photo: Ramon FVelasquez, CC BY-SA 3.0, via Wikimedia Commons8

Guess?, Inc. (styled as GUESS or Guess?) is an American clothing company, notable for its black-and-white advertisements. It licenses its brand on other fashion accessories, such as watches, jewelry, perfumes, bags and shoes.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

43.4%Gross margin5
5.8%Operating margin5
2.0%Net margin5
7.9%Revenue growth, 20255
12.0%Return on equity5
$35.6MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue57¢$1.7B
  • Selling, general and admin38¢$1.1B
  • Other costs3¢$96.2M
  • Income tax0¢$9.7M
  • Profit2¢$60.4M

Out of $3.0B in revenue.5

Where each dollar of operating cash went, fiscal 2025

  • Capital spending26¢$86.1M
  • Dividends paid56¢$184.6M
  • Share buybacks18¢$60.7M

Out of $121.7M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.5

Financial statements

Revenue9101112135$3.0B in 2025+27% since 2018
0$1.0B$2.0B$3.0B2018: $2.4B$2.4B20182019: $2.6B$2.6B2019+10%2020: $2.7B$2.7B2020+3%2021: $1.9B$1.9B2021−30%2022: $2.6B$2.6B2022+38%2023: $2.7B$2.7B2023+4%2024: $2.8B$2.8B2024+3%2025: $3.0B$3.0B2025+8%
Gross profit9101112135$1.3B in 2025+57% since 2018
0$500.0M$1.0B$1.5B2018: $828.8M$828.8M20182019: $939.6M$939.6M2019+13%2020: $1.0B$1.0B2020+8%2021: $697.1M$697.1M2021−31%2022: $1.2B$1.2B2022+68%2023: $1.1B$1.1B2023−2%2024: $1.2B$1.2B2024+6%2025: $1.3B$1.3B2025+6%
Operating income9101112135$173.8M in 2025+158% since 2018
-$100.0M0$100.0M$200.0M$300.0M$400.0M2018: $67.4M$67.4M20182019: $52.2M$52.2M2019−22%2020: $140.7M$140.7M2020+169%2021: -$60.5M-$60.5M20212022: $305.0M$305.0M20222023: $248.2M$248.2M2023−19%2024: $263.3M$263.3M2024+6%2025: $173.8M$173.8M2025−34%
Net income9101112135$60.4M in 2025
-$100.0M0$100.0M$200.0M2018: -$7.9M-$7.9M20182019: $14.1M$14.1M20192020: $96.0M$96.0M2020+581%2021: -$81.2M-$81.2M20212022: $171.4M$171.4M20222023: $149.6M$149.6M2023−13%2024: $198.2M$198.2M2024+32%2025: $60.4M$60.4M2025−70%
Fiscal year20182019202020212022202320242025
Revenue$2.4B9$2.6B10$2.7B11$1.9B12$2.6B13$2.7B5$2.8B5$3.0B5
Cost of revenue$1.5B9$1.7B10$1.7B11$1.2B12$1.4B13$1.5B5$1.6B5$1.7B5
Gross profit$828.8M9$939.6M10$1.0B11$697.1M12$1.2B13$1.1B5$1.2B5$1.3B5
Selling, general and admin$741.6M9$835.3M10$865.1M11$680.0M12$861.6M13$893.3M5$954.1M5$1.1B5
Operating income$67.4M9$52.2M10$140.7M11-$60.5M12$305.0M13$248.2M5$263.3M5$173.8M5
Interest$2.4M9$3.4M10$16.1M11$22.9M12$23.0M13$13.2M13$21.8M13
Income tax$74.2M9$29.5M10$22.5M11-$6.3M12$73.7M13$36.5M5$25.4M5$9.7M5
Net income-$7.9M9$14.1M10$96.0M11-$81.2M12$171.4M13$149.6M5$198.2M5$60.4M5
Earnings per share-$0.119$0.1710$1.3511-$1.2712$2.6513$2.625$3.675$1.155
Earnings per share (diluted)-$0.119$0.1610$1.3311-$1.2712$2.5713$2.185$3.095$0.775

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The story

Founded by Georges Marciano and Maurice Marciano in 1981, in Los Angeles.1

20th century

Guess began in 1981 as a book of styles started by Moroccan fashion designers Georges, Maurice, Armand, and Paul Marciano. The brothers switched to selling jeans with a light, form-fitting denim and zippers at the ankles. Guess began offering licensed products, including watches, eyewear, and a fragrance line.

In 1985, it introduced black-and-white advertisements, which went on to win numerous design awards. Its fashion models have included a number of supermodels, many of whom first achieved prominence via these ad campaigns. In the 1985 Robert Zemeckis movie, Back to the Future, Marty McFly (Michael J Fox) wore Guess's denim clothing.

Georges had wanted to sell Guess products in only the more exclusive stores, such as Bloomingdale's, while the other brothers decided on a broader distribution strategy, which included discount stores. Georges continued to oppose the idea of marketing Guess products beyond luxury retail outlets, and different alliances formed within the company.

Georges abruptly sold his stake in the company to his brothers in September 1993, for $214.2 million. To finance the purchase, the remaining three brothers borrowed $210 million, and $105 million was still outstanding three years later. To raise money, the brothers took Guess public in July 1996.

By the end of the 1990s, sales dropped and Guess reduced its expansion plans to concentrate on improving investment returns.

21st century

On January 26, 2001, Guess Inc. restated previous results for fiscal year 2000 after writing down impaired inventory. In 2004, the accessories department was greatly expanded and several stores across the US were redesigned. Guess also created a lower priced collection sold exclusively through its outlet locations, and introduced its first brand extension, the upscale female line of clothing and accessories, named Marciano.

Guess continued its Guess Kids clothing line in the early 21st century. In 2006, it began promoting the line through its factory retail stores. It continued to be guided by the Marciano brothers, as co-chairmen and co-CEOs. Maurice Marciano has overseen the design and its sales growth, while Paul managed the image and advertising.

In 2012, supermodel Claudia Schiffer posed for Guess's 30th anniversary, 23 years after her first posing for the brand. The following year, by being the face of their holiday campaign, Priyanka Chopra became the first Indian to represent the brand on a global scale.

Read the full text

After Camila Cabello was announced as the new face of Guess in 2017, Jennifer Lopez became its new face the following year. In February 2019, four years after Victor Herrero replaced Paul Marciano in the role, Carlos Alberini was selected as his successor as CEO.

In August 2025, it was announced that the company had gone private after Authentic Brands, Alberini, and brothers Maurice and Paul Marciano agreed to buy 51% of Guess's IP in a transaction valued at $1.4 billion. Previously, it had considered an offer with a lower valuation made in April by WHP Global.

When it was announced that the purchase of Guess had been completed in January 2026, its management continued to operate the business following the transaction. Guess went private and delisted from the New York Stock Exchange. The newly-structured company opened a flagship store in West Hollywood as a 'Homecoming' concept store.

In November 2024 and February 2026, the company gathered attention for doing catwalks in the Alpine resort of Gstaad at the height of winter, the first of which was at 3000m and one of the highest catwalks in the world and hence described as one of the first of its kind

From Wikipedia’s article on Guess (company), shared under CC BY-SA 4.0.7

Leadership

Who has led Guess, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (25)

Products and brands

  • clothing

Listed on Wikidata.1

Former names

  • GUESS INC ET AL/CA/Aug 6, 1996 to May 4, 20056

Timeline

  1. Feb 22, 2019New chief executive Carlos Alberini becomes CEO18
  2. Aug 10, 2015New chief executive Amigo Victor Herrero becomes CEO19
  3. Mar 8, 2006New chief executive Maurice Marciano becomes CEO21
  4. Feb 23, 2006New chief executive Paul Marciano becomes CEO20
  5. 1981Founded Founded in Los Angeles1

Filings

291 filings to the SEC since October 2021: 4 annual reports, 13 quarterly reports, 52 major events, 99 insider forms, 40 large holders, 83 other. The latest 20:

  1. Apr 9, 2026SCHEDULE 13G/A EDGAR
  2. Feb 2, 202615-12G EDGAR
  3. Jan 29, 2026SCHEDULE 13G EDGAR
  4. Jan 27, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  5. Jan 27, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  6. Jan 27, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  7. Jan 27, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  8. Jan 27, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  9. Jan 27, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  10. Jan 27, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  11. Jan 26, 2026EFFECT EDGAR
  12. Jan 26, 2026EFFECT EDGAR
  13. Jan 26, 2026EFFECT EDGAR
  14. Jan 26, 20264 OWNERSHIP DOCUMENT EDGAR
  15. Jan 26, 20264 OWNERSHIP DOCUMENT EDGAR
  16. Jan 26, 20264 OWNERSHIP DOCUMENT EDGAR
  17. Jan 26, 20264 OWNERSHIP DOCUMENT EDGAR
  18. Jan 26, 20264 OWNERSHIP DOCUMENT EDGAR
  19. Jan 26, 20264 OWNERSHIP DOCUMENT EDGAR
  20. Jan 23, 2026S-8 POS EDGAR

The 291 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 40 such filings since October 2021, the latest 10:

  1. Apr 9, 2026SCHEDULE 13G/A
  2. Jan 29, 2026SCHEDULE 13G
  3. Jan 23, 2026SCHEDULE 13D/A
  4. Aug 21, 2025SCHEDULE 13D/A
  5. Jul 29, 2025SCHEDULE 13G/A
  6. May 2, 2025SCHEDULE 13G/A
  7. May 2, 2025SCHEDULE 13G
  8. Apr 30, 2025SCHEDULE 13G/A
  9. Apr 2, 2025SCHEDULE 13D
  10. Mar 17, 2025SCHEDULE 13D/A

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Sources

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