GUESS INC (GES) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
ATTN: ANNE DEEDWANIA LOS ANGELES, CA 90021 |
| State of Incorp. | DE |
| Fiscal Year End | January 31 |
| Industry (SIC) | 234 - Women's, Misses', Children's, And Infants' (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 10/31/2024 MRQ | 1/31/2024 | 1/31/2023 | 1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 360 | 276 | 416 | 469 | 285 | 210 | |||
| Cash and cash equivalent | 360 | 276 | 416 | 469 | 285 | 210 | |||
| Receivables | 315 | 342 | 329 | 314 | 327 | 322 | |||
| Inventory, net of allowances, customer advances and progress billings | 466 | 511 | 462 | 389 | 393 | 469 | |||
| Inventory | 466 | 511 | 462 | 389 | 393 | 469 | |||
| Other current assets | 84 | 83 | 77 | 60 | 59 | 87 | |||
| Total current assets: | 1,225 | 1,212 | 1,284 | 1,233 | 1,064 | 1,089 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 15 | 19 | 22 | ✕ | |||||
| Operating lease, right-of-use asset | 667 | 636 | 686 | 765 | 852 | ✕ | |||
| Property, plant and equipment | (665) | 216 | 288 | 316 | |||||
| Intangible assets, net (including goodwill) | 34 | 34 | 35 | 37 | 35 | 44 | |||
| Goodwill | 34 | 34 | 35 | 37 | 35 | 37 | |||
| Intangible assets, net (excluding goodwill) | 7 | ||||||||
| Restricted cash and investments | 0 | 0 | 1 | ||||||
| Deferred income tax assets | 179 | 158 | 165 | 72 | 64 | ✕ | |||
| Other noncurrent assets | 238 | 145 | 157 | 143 | 126 | 143 | |||
| Other undisclosed noncurrent assets | 232 | 221 | 872 | 57 | |||||
| Total noncurrent assets: | 1,365 | 1,214 | 1,272 | 1,233 | 1,365 | 561 | |||
| TOTAL ASSETS: | 2,590 | 2,425 | 2,556 | 2,466 | 2,429 | 1,649 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 536 | 552 | 579 | 501 | 437 | 539 | |||
| Accounts payable | 273 | 289 | 326 | 300 | 233 | 287 | |||
| Accrued liabilities | 263 | 263 | 253 | 201 | 204 | 252 | |||
| Debt | 41 | 40 | 43 | 39 | 194 | 4 | |||
| Other undisclosed current liabilities | 214 | 170 | 196 | 223 | 7 | ||||
| Total current liabilities: | 792 | 763 | 818 | 763 | 638 | 543 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 28 | 96 | 61 | 69 | 976 | 35 | |||
| Long-term debt, excluding current maturities | 247 | ||||||||
| Capital lease obligations | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 15 | ||
| Finance lease, liability | 10 | 13 | 17 | 17 | 14 | ✕ | |||
| Other undisclosed long-term debt and lease obligation | 18 | 83 | (539) | (611) | 20 | ||||
| Liabilities, other than long-term debt | 718 | 706 | 180 | 144 | 130 | 212 | |||
| Accounts payable and accrued liabilities | 20 | 20 | 20 | ||||||
| Deferred rent credit | 85 | ||||||||
| Other liabilities | 156 | 157 | 160 | 144 | 130 | 127 | |||
| Operating lease, liability | 542 | 528 | 583 | 663 | 714 | ✕ | |||
| Other undisclosed noncurrent liabilities | 317 | 279 | 833 | 921 | 19 | ||||
| Total noncurrent liabilities: | 1,063 | 1,080 | 1,075 | 1,134 | 1,124 | 247 | |||
| Total liabilities: | 1,855 | 1,844 | 1,892 | 1,896 | 1,763 | 791 | |||
| Temporary equity, including noncontrolling interest | 1 | 9 | 10 | 4 | 5 | 5 | |||
| Equity | |||||||||
| Equity, attributable to parent | 685 | 534 | 623 | 544 | 640 | 837 | |||
| Common stock | 1 | 1 | 1 | 1 | 1 | 1 | |||
| Treasury stock, value | (1,186) | (1,142) | (966) | (924) | (914) | (638) | |||
| Additional paid in capital | 595 | 532 | 565 | 553 | 563 | 523 | |||
| Accumulated other comprehensive loss | (137) | (134) | (136) | (121) | (140) | (126) | |||
| Retained earnings | 1,412 | 1,277 | 1,159 | 1,035 | 1,130 | 1,078 | |||
| Equity, attributable to noncontrolling interest | 50 | 39 | 31 | 22 | 22 | 16 | |||
| Total equity: | 735 | 573 | 654 | 566 | 661 | 854 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,590 | 2,425 | 2,556 | 2,466 | 2,429 | 1,649 | |||
Income Statement (P&L) ($ in millions)
| 10/31/2024 TTM | 1/31/2024 | 1/31/2023 | 1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,777 | 2,687 | 2,592 | 1,877 | 2,678 | 2,610 | ||
| Cost of revenue (Cost of Product and Service Sold) | (1,554) | (1,539) | (1,422) | (1,179) | (1,662) | (1,670) | ||
| Gross profit: | 1,223 | 1,149 | 1,170 | 697 | 1,016 | 940 | ||
| Operating expenses | (959) | (901) | (864) | (758) | (875) | (842) | ||
| Other undisclosed operating loss | (45) | |||||||
| Operating income (loss): | 263 | 248 | 305 | (60) | 141 | 52 | ||
| Nonoperating expense | (27) | (50) | (51) | (27) | (17) | (6) | ||
| Investment income, nonoperating | 12 | 3 | 2 | 2 | 2 | 4 | ||
| Other nonoperating expense | (5) | (40) | (30) | (6) | (3) | (7) | ||
| Interest and debt expense | (12) | (13) | (23) | (23) | (16) | (3) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 224 | 185 | 231 | (110) | 108 | 43 | ||
| Other undisclosed income from continuing operations before income taxes | 12 | 13 | 23 | 23 | 16 | 3 | ||
| Income (loss) from continuing operations before income taxes: | 236 | 198 | 254 | (87) | 124 | 47 | ||
| Income tax expense (benefit) | (25) | (37) | (74) | 6 | (23) | (30) | ||
| Income (loss) from continuing operations: | 211 | 162 | 180 | (81) | 101 | 17 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 180 | (81) | 101 | 17 | |
| Net income (loss): | 211 | 162 | 180 | (81) | 101 | 17 | ||
| Net loss attributable to noncontrolling interest | (13) | (12) | (9) | (0) | (5) | (3) | ||
| Net income (loss) attributable to parent: | 198 | 150 | 171 | (81) | 96 | 14 | ||
| Other undisclosed net loss available to common stockholders, basic | (2) | (1) | (2) | (0) | (1) | (1) | ||
| Net income (loss) available to common stockholders, basic: | 196 | 148 | 170 | (81) | 95 | 13 | ||
| Interest on convertible debt | 20 | 5 | ||||||
| Other undisclosed net loss available to common stockholders, diluted | ||||||||
| Net income (loss) available to common stockholders, diluted: | 216 | 153 | 170 | (81) | 95 | 13 | ||
Comprehensive Income ($ in millions)
| 10/31/2024 TTM | 1/31/2024 | 1/31/2023 | 1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 211 | 162 | 180 | (81) | 101 | 17 | ||
| Other comprehensive income (loss) | (0) | 3 | (16) | 19 | (15) | 2 | ||
| Other undisclosed comprehensive income (loss) | (36) | |||||||
| Comprehensive income (loss): | 211 | 165 | 164 | (62) | 86 | (16) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (15) | (14) | (8) | (0) | (6) | (3) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 195 | 151 | 156 | (62) | 80 | (19) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.