Guess Inc delivered a solid QQ4 2025 results with a revenue build driven by the Rag & Bone acquisition and core Guess improvements, demonstrating the company’s ability to monetize a diversified brand platform across wholesale, retail, and licensing. Revenue for the quarter rose 5% in USD to $932.3 million, with currency-adjusted growth of roughly 13% excluding the extra week in the prior year, of which Rag & Bone contributed 9 percentage points and the core Guess business contributed 5 percentage points. Gross margin expanded to 44.1% but was down 130 bps versus the prior-year quarter mainly due to higher occupancy costs and the Rag & Bone addition. Adjusted SG&A rose 11% to $305 million, reflecting the Rag & Bone infrastructure, elevated marketing investments, and core platform investments, leaving adjusted operating profit at $107 million and an 11.4% adjusted margin. For the full year, Guess reported USD revenue of $3.0 billion, up 8% year over year (10% in constant currency), with adjusted operating profit of $180 million and an adjusted margin of 6%, and adjusted EPS of $1.96. Management signaled a robust, multi-pronged growth program for FY2026 focused on Rag & Bone acceleration, a Middle East joint venture, Europe wholesale momentum, Guess Jeans expansion (including Tokyo and Melrose Ave flagship), and a targeted overhaul of North American store productivity (about 20 store closures by year-end). The company also highlighted a shift toward value-oriented pricing, exclusive DTC product, a more granular store clustering model, and intensified marketing/civilization of the customer journey (including a CRM upgrade in Europe and a Global marketing program). While the near-term macro environment remains cautious (tariffs, Red Sea disruption, currency volatility, and consumer softness in parts of Asia), Guess projects mid-single-digit revenue growth for FY2026 with a 4.5%–5.4% adjusted operating margin and adjusted EPS of $1.32–$1.76. This report synthesizes the quarterly results with the call commentary to deliver a forward-looking investment perspective.