Guess Q1: Rag & Bone acquisition boosts revenue, net loss widens

Guess financial results for the first quarter ended May 3, 2025, revealed a complex picture of growth driven by strategic acquisitions and wholesale momentum, set against a backdrop of increased losses. Despite a GAAP net loss for the quarter, the company's revenue surpassed expectations, primarily attributed to the successful integration of the newly acquired Rag & Bone brand and robust performance in its European and Americas wholesale businesses.