Guess' (GES) 10-Q 6 Dec 24 2025 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Nov. 02, 2024	Dec. 02, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Nov. 02, 2024
Document Transition Report	false
Entity File Number	1-11893
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	95-3679695
Entity Address, Address Line One	Strada Regina 44
Entity Address, City or Town	Bioggio
Entity Address, Country	CH
Entity Address, Postal Zip Code	CH-6934
City Area Code	(213)
Local Phone Number	765-3100
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	GES
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		51,456,841
Entity Registrant Name	GUESS INC
Entity Central Index Key	0000912463
Amendment Flag	false
Document Fiscal Year Focus	2025
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--02-01

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Nov. 02, 2024	Feb. 03, 2024
Current assets:
Cash and cash equivalents	$ 140,911	$ 360,285
Accounts receivable, net	383,367	314,769
Inventories	675,752	466,297
Other current assets	103,720	84,122
Total current assets	1,303,750	1,225,473
Property and equipment, net	236,480	246,648
Goodwill	34,171	34,100
Deferred income tax assets	172,573	178,910
Restricted cash	1,411	0
Operating lease right-of-use assets	794,066	667,031
Other assets	252,210	237,859
Total assets	2,794,661	2,590,021
Current liabilities:
Current portion of borrowings and finance lease obligations	42,836	40,781
Accounts payable	361,186	272,830
Accrued expenses and other current liabilities	263,926	263,447
Convertible senior notes due 2024, net	0	48,048
Current portion of operating lease liabilities	180,835	166,451
Total current liabilities	848,783	791,557
Convertible senior notes due 2028, net	340,617	336,717
Long-term debt and finance lease obligations	238,306	28,210
Long-term operating lease liabilities	670,430	542,392
Other long-term liabilities	206,149	155,829
Total liabilities	2,304,285	1,854,705
Redeemable noncontrolling interests	364	522
Commitments and contingencies (Note 14)
Stockholders’ equity:
Preferred stock, $.01 par value. Authorized 10,000,000 shares; no shares issued and outstanding	0	0
Common stock, $.01 par value. Authorized 150,000,000 shares; issued 142,771,253 and 142,771,315 shares; outstanding 51,445,203 and 53,007,966 shares as of November 2, 2024 and February 3, 2024, respectively	514	530
Paid-in capital	604,344	594,520
Retained earnings	1,223,624	1,412,426
Accumulated other comprehensive loss	(143,841)	(137,010)
Treasury stock, 91,326,050 and 89,763,349 shares as of November 2, 2024 and February 3, 2024, respectively	(1,233,912)	(1,185,526)
Guess?, Inc. stockholders’ equity	450,729	684,940
Nonredeemable noncontrolling interests	39,283	49,854
Total stockholders’ equity	490,012	734,794
Total liabilities and stockholders' equity	$ 2,794,661	$ 2,590,021

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Nov. 02, 2024	Feb. 03, 2024
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, authorized (in shares)	10,000,000	10,000,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, authorized (in shares)	150,000,000	150,000,000
Common stock, issued (in shares)	142,771,253	142,771,315
Common stock, outstanding (in shares)	51,445,203	53,007,966
Treasury stock (in shares)	91,326,050	89,763,349

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023	Nov. 02, 2024	Oct. 28, 2023
Net revenue	$ 738,518	$ 651,170	$ 2,063,021	$ 1,885,480
Cost of product sales	416,641	360,000	1,173,100	1,067,882
Gross profit	321,877	291,170	889,921	817,598
Selling, general and administrative expenses	279,389	234,123	829,188	694,748
Asset impairment charges	1,091	1,737	4,509	6,293
Net (gains) losses on lease modifications	(718)	537	(718)	(1,894)
Gain on sale of assets	0	0	(13,781)	0
(Gain) loss on equity method investment	(161)	0	559	0
Earnings from operations	42,276	54,773	70,164	118,451
Other income (expense):
Interest expense	(8,131)	(5,923)	(22,212)	(15,883)
Interest income	2,613	3,181	9,218	8,557
Loss on extinguishment of debt	0	0	(1,952)	(7,696)
Other expense, net	(45,826)	(11,004)	(49,932)	(18,227)
Total other expense	(51,344)	(13,746)	(64,878)	(33,249)
Earnings (loss) before income tax expense (benefit)	(9,068)	41,027	5,286	85,202
Income tax expense (benefit)	11,687	(18,277)	18,771	(5,370)
Net earnings (loss)	(20,755)	59,304	(13,485)	90,572
Net earnings attributable to noncontrolling interests	2,640	3,603	7,491	7,643
Net earnings (loss) attributable to Guess?, Inc.	$ (23,395)	$ 55,701	$ (20,976)	$ 82,929
Net earnings (loss) per common share attributable to common stockholders:
Basic (in dollars per share)	$ (0.46)	$ 1.04	$ (0.42)	$ 1.53
Diluted (in dollars per share)	$ (0.47)	$ 0.82	$ (0.42)	$ 1.30
Weighted average common shares outstanding attributable to common stockholders:
Basic (in shares)	50,798	53,052	52,047	53,450
Diluted (in shares)	66,608	70,331	52,047	68,098
Product sales
Net revenue	$ 705,507	$ 618,130	$ 1,971,920	$ 1,800,536
Net royalties
Net revenue	$ 33,011	$ 33,040	$ 91,101	$ 84,944

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023	Nov. 02, 2024	Oct. 28, 2023
Statement of Comprehensive Income [Abstract]
Net earnings (loss)	$ (20,755)	$ 59,304	$ (13,485)	$ 90,572
Foreign currency translation adjustment
Losses arising during the period	(8,869)	(29,718)	(13,177)	(20,028)
Derivative financial instruments designated as cash flow hedges
Gains arising during the period	1,898	6,619	1,043	8,367
Less income tax effect	(210)	(749)	(42)	(984)
Reclassification to net earnings (loss) for (gains) losses realized	(418)	(28)	1,471	(6,508)
Less income tax effect	46	22	(136)	768
Defined benefit plans
Foreign currency and other adjustments	89	202	31	(138)
Less income tax effect	(12)	(18)	(3)	16
Net actuarial (gain) loss amortization	(2)	64	(9)	191
Prior service credit amortization	(42)	(40)	(122)	(119)
Less income tax effect	10	(2)	30	(6)
Total comprehensive income (loss)	(28,265)	35,656	(24,399)	72,131
Less comprehensive income attributable to noncontrolling interests:
Net earnings	2,640	3,603	7,491	7,643
Foreign currency translation adjustment	(1,327)	(3,055)	(4,083)	636
Amounts attributable to noncontrolling interests	1,313	548	3,408	8,279
Comprehensive income (loss) attributable to Guess?, Inc.	$ (29,578)	$ 35,108	$ (27,807)	$ 63,852

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023
Cash flows from operating activities:
Net earnings (loss)	$ (13,485)	$ 90,572
Adjustments to reconcile net earnings (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	51,114	46,059
Amortization of debt discount and issuance costs	4,065	1,656
Share-based compensation expense	13,855	14,952
Forward contract (gains) losses	256	(14,730)
Deferred income taxes	10,097	(22,356)
Net (gain) loss from impairment and disposition of long-term assets	(8,738)	7,385
Change in fair value remeasurement of derivatives related to convertible senior notes	41,795	0
Loss on extinguishment of debt	1,952	7,696
Other items, net	5,531	3,782
Changes in operating assets and liabilities:
Accounts receivable	(44,307)	(8,810)
Inventories	(168,571)	(67,363)
Prepaid expenses and other assets	(15,983)	7,626
Operating lease assets and liabilities, net	(5,243)	(15,142)
Accounts payable and accrued expenses and other current liabilities	50,346	(7,120)
Other long-term liabilities	15,761	(3,326)
Net cash provided by (used in) operating activities	(61,555)	40,881
Cash flows from investing activities:
Purchases of property and equipment	(63,552)	(52,469)
Proceeds from sale of long-lived assets	39,812	23
Business acquisition, net of cash acquired	(54,981)	0
Purchases of investments	(5,050)	(3,262)
Other investing activities	(1,562)	(916)
Net cash used in investing activities	(85,333)	(56,624)
Cash flows from financing activities:
Proceeds from borrowings	337,970	117,418
Repayments on borrowings and finance lease obligations	(126,076)	(78,408)
Net proceeds from issuance of convertible senior notes	0	80,324
Repayments of convertible senior notes	(33,292)	0
Proceeds from issuance of warrant	3,665	20,158
Purchase of convertible note hedge	(6,538)	(51,838)
Proceeds from termination of convertible senior note hedge	1,347	7,235
Payments for termination of common stock warrant	(548)	(1,024)
Debt issuance costs	(2,811)	(5,833)
Dividends paid	(167,187)	(46,033)
Noncontrolling interest capital distribution	(14,230)	(2,625)
Purchase of redeemable noncontrolling interest	0	(8,650)
Issuance of common stock, net of income tax withholdings on vesting of stock awards	6,379	2,304
Purchase of treasury stock	(60,656)	(42,821)
Net cash used in financing activities	(61,977)	(9,793)
Effect of exchange rates on cash, cash equivalents and restricted cash	(9,098)	(6,126)
Net change in cash, cash equivalents and restricted cash	(217,963)	(31,662)
Cash and cash equivalents at the beginning of the year	360,285	275,765
Cash, cash equivalents and restricted cash at the end of the period	142,322	244,103
Supplemental cash flow data:
Interest paid	23,565	15,036
Income taxes paid, net of refunds	34,304	19,742
Non-cash investing and financing activity:
Change in accrual of property and equipment	754	(2,864)
Assets acquired under finance lease obligations	62	2,556
Exchange of 2024 Notes for 2028 Notes	$ (16,658)	$ (161,400)

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock	Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Treasury Stock	Nonredeemable Noncontrolling Interests
Beginning balance (in shares) at Jan. 28, 2023		54,609,786
Beginning balance gain (loss) at Jan. 28, 2023	$ 572,751	$ 546	$ 532,398	$ 1,276,857	$ (134,073)	$ (1,141,615)	$ 38,638
Beginning balance (in shares) at Jan. 28, 2023						88,161,467
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	(10,694)			(11,805)			1,111
Other comprehensive income (loss), net of income tax	(4,095)				(5,404)		1,309
Issuance of common stock under stock compensation plan (in shares)		1,085,319				1,085,319
Issuance of common stock under stock compensation plan	(450)	$ 11	(14,519)			$ 14,058
Issuance of stock under Employee Stock Purchase Plan (in shares)		11,848				11,848
Issuance of stock under Employee Stock Purchase Plan	181		28			$ 153
Share-based compensation	4,620		4,617	3
Dividends	(12,662)			(12,662)
Share repurchases (in shares)		(2,237,872)				(2,237,872)
Share repurchases	(42,821)	$ (22)	22			$ (42,821)
Equity component value of convertible notes transactions, net	(744)		(744)
Sale of common stock warrants	20,158		20,158
Purchase of convertible note hedges	(39,397)		(39,397)
Termination of common stock warrants	(1,024)		(1,024)
Termination of convertible note hedges	7,235		7,235
Ending balance (in shares) at Apr. 29, 2023		53,469,081
Ending balance gain at Apr. 29, 2023	493,058	$ 535	508,774	1,252,393	(139,477)	$ (1,170,225)	41,058
Ending balance (in shares) at Apr. 29, 2023						89,302,172
Beginning balance (in shares) at Jan. 28, 2023		54,609,786
Beginning balance gain (loss) at Jan. 28, 2023	572,751	$ 546	532,398	1,276,857	(134,073)	$ (1,141,615)	38,638
Beginning balance (in shares) at Jan. 28, 2023						88,161,467
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	90,572
Other comprehensive income (loss), net of income tax					(19,077)
Ending balance (in shares) at Oct. 28, 2023		53,700,273
Ending balance gain at Oct. 28, 2023	557,130	$ 537	519,959	1,313,910	(153,150)	$ (1,167,196)	43,070
Ending balance (in shares) at Oct. 28, 2023						89,070,980
Beginning balance (in shares) at Apr. 29, 2023		53,469,081
Beginning balance gain (loss) at Apr. 29, 2023	493,058	$ 535	508,774	1,252,393	(139,477)	$ (1,170,225)	41,058
Beginning balance (in shares) at Apr. 29, 2023						89,302,172
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	41,962			39,033			2,929
Other comprehensive income (loss), net of income tax	9,302				6,920		2,382
Issuance of common stock under stock compensation plan (in shares)		107,116				107,116
Issuance of common stock under stock compensation plan	592	$ 1	(811)			$ 1,402
Issuance of stock under Employee Stock Purchase Plan (in shares)		11,085				11,085
Issuance of stock under Employee Stock Purchase Plan	170		24			$ 146
Share-based compensation	5,455		5,455
Dividends	(16,591)			(16,591)
Purchase of redeemable noncontrolling interest	95		1,318				(1,223)
Noncontrolling interest capital distribution	(222)						(222)
Ending balance (in shares) at Jul. 29, 2023		53,587,282
Ending balance gain at Jul. 29, 2023	533,821	$ 536	514,760	1,274,835	(132,557)	$ (1,168,677)	44,924
Ending balance (in shares) at Jul. 29, 2023						89,183,971
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	59,304			55,701			3,603
Other comprehensive income (loss), net of income tax	(23,648)				(20,593)		(3,055)
Issuance of common stock under stock compensation plan (in shares)		105,248				105,248
Issuance of common stock under stock compensation plan	1,681	$ 1	300			$ 1,380
Issuance of stock under Employee Stock Purchase Plan (in shares)		7,743				7,743
Issuance of stock under Employee Stock Purchase Plan	130		29			$ 101
Share-based compensation	4,877		4,870	7
Dividends	(16,633)			(16,633)
Noncontrolling interest capital distribution	(2,402)						(2,402)
Ending balance (in shares) at Oct. 28, 2023		53,700,273
Ending balance gain at Oct. 28, 2023	$ 557,130	$ 537	519,959	1,313,910	(153,150)	$ (1,167,196)	43,070
Ending balance (in shares) at Oct. 28, 2023						89,070,980
Beginning balance (in shares) at Feb. 03, 2024	53,007,966	53,007,966
Beginning balance gain (loss) at Feb. 03, 2024	$ 734,794	$ 530	594,520	1,412,426	(137,010)	$ (1,185,526)	49,854
Beginning balance (in shares) at Feb. 03, 2024	89,763,349					89,763,349
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	$ 15,906			13,022			2,884
Other comprehensive income (loss), net of income tax	599				(38)		637
Issuance of common stock under stock compensation plan (in shares)		779,872				779,934
Issuance of common stock under stock compensation plan	5,649	$ 8	(4,682)			$ 10,323
Issuance of stock under Employee Stock Purchase Plan (in shares)		9,740				9,740
Issuance of stock under Employee Stock Purchase Plan	198		69			$ 129
Share-based compensation	3,120		3,115	5
Dividends	(135,512)			(135,512)
Share repurchases (in shares)		(326,429)				(326,429)
Share repurchases	(10,279)	$ (3)	3			$ (10,279)
Noncontrolling interest capital distribution	(11,735)						(11,735)
Noncontrolling interest capital contribution	219						219
Sale of common stock warrants	3,665		3,665
Termination of common stock warrants	(548)		(548)
Termination of convertible note hedges	1,044		1,044
Settlement of convertible senior notes (in shares)		122,313				122,313
Settlement of convertible senior notes	212	$ 1	(1,413)			$ 1,624
Exercise of convertible notes hedges (in shares)		(90,729)				(90,729)
Exercise of convertible notes hedges	0	$ (1)	2,558			$ (2,557)
Ending balance (in shares) at May. 04, 2024		53,502,733
Ending balance gain at May. 04, 2024	$ 607,332	$ 535	598,331	1,289,941	(137,048)	$ (1,186,286)	41,859
Ending balance (in shares) at May. 04, 2024						89,268,520
Beginning balance (in shares) at Feb. 03, 2024	53,007,966	53,007,966
Beginning balance gain (loss) at Feb. 03, 2024	$ 734,794	$ 530	594,520	1,412,426	(137,010)	$ (1,185,526)	49,854
Beginning balance (in shares) at Feb. 03, 2024	89,763,349					89,763,349
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	$ (13,485)
Other comprehensive income (loss), net of income tax					(6,831)
Ending balance (in shares) at Nov. 02, 2024	51,445,203	51,445,203
Ending balance gain at Nov. 02, 2024	$ 490,012	$ 514	604,344	1,223,624	(143,841)	$ (1,233,912)	39,283
Ending balance (in shares) at Nov. 02, 2024	91,326,050					91,326,050
Beginning balance (in shares) at May. 04, 2024		53,502,733
Beginning balance gain (loss) at May. 04, 2024	$ 607,332	$ 535	598,331	1,289,941	(137,048)	$ (1,186,286)	41,859
Beginning balance (in shares) at May. 04, 2024						89,268,520
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	(8,636)			(10,603)			1,967
Other comprehensive income (loss), net of income tax	(4,003)				(610)		(3,393)
Issuance of common stock under stock compensation plan (in shares)		178,893				178,893
Issuance of common stock under stock compensation plan	(14)	$ 2	(2,394)			$ 2,378
Issuance of stock under Employee Stock Purchase Plan (in shares)		10,832				10,832
Issuance of stock under Employee Stock Purchase Plan	188		44			$ 144
Share-based compensation	3,925		3,895	30
Dividends	(16,638)			(16,638)
Share repurchases (in shares)		(2,274,140)				(2,274,140)
Share repurchases	(50,511)	$ (23)	23			$ (50,511)
Ending balance (in shares) at Aug. 03, 2024		51,418,318
Ending balance gain at Aug. 03, 2024	531,643	$ 514	599,899	1,262,730	(137,658)	$ (1,234,275)	40,433
Ending balance (in shares) at Aug. 03, 2024						91,352,935
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings (loss)	(20,755)			(23,395)			2,640
Other comprehensive income (loss), net of income tax	(7,510)				(6,183)		(1,327)
Issuance of common stock under stock compensation plan (in shares)		19,190				19,190
Issuance of common stock under stock compensation plan	230		(29)			$ 259
Issuance of stock under Employee Stock Purchase Plan (in shares)		7,695				7,695
Issuance of stock under Employee Stock Purchase Plan	128		24			$ 104
Share-based compensation	4,472		4,450	22
Dividends	(15,733)			(15,733)
Noncontrolling interest capital distribution	(2,495)						(2,495)
Noncontrolling interest capital contribution	$ 32						32
Ending balance (in shares) at Nov. 02, 2024	51,445,203	51,445,203
Ending balance gain at Nov. 02, 2024	$ 490,012	$ 514	$ 604,344	$ 1,223,624	$ (143,841)	$ (1,233,912)	$ 39,283
Ending balance (in shares) at Nov. 02, 2024	91,326,050					91,326,050

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Nov. 02, 2024	Aug. 03, 2024	May 04, 2024	Oct. 28, 2023	Jul. 29, 2023	Apr. 29, 2023
Statement of Stockholders' Equity [Abstract]
Other comprehensive income (loss), income tax (expense) benefit	$ (166)	$ 534	$ (519)	$ (747)	$ (270)	$ 811

Basis of Presentation

Basis of Presentation	9 Months Ended
	Nov. 02, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation Description of the Business Guess?, Inc. (the “Company” or “GUESS?”) designs, markets, distributes and licenses a leading lifestyle collection of contemporary apparel and accessories for women, men and children that reflect the American lifestyle and European fashion sensibilities. The Company’s designs are sold in GUESS? owned stores, to a network of wholesale accounts that includes better department stores, selected specialty retailers and upscale boutiques and through the Internet. GUESS? branded products, some of which are produced under license, are also sold internationally through a series of retail store licensees and wholesale distributors. On April 2, 2024, the Company acquired all the operating assets and a 50% interest in the intellectual property assets of New York-based fashion brand rag & bone, a leader in the American fashion scene, which directly operates stores in the U.S. and in the U.K., and is also available in high-end boutiques, department stores and through e-commerce globally. Reclassifications The Company has made certain reclassifications to prior period amounts to conform to the current period presentation within the accompanying condensed consolidated financial statements and notes to the condensed consolidated financial statements. Interim Financial Statements In the opinion of management, the accompanying unaudited condensed consolidated financial statements of the Company contain all adjustments, consisting of normal recurring adjustments, considered necessary for a fair presentation of the condensed consolidated balance sheets as of November 2, 2024 and February 3, 2024, and the condensed consolidated statements of income (loss), comprehensive income (loss), cash flows and stockholders’ equity for the three and nine months ended November 2, 2024 and October 28, 2023. The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”) for interim financial information and the instructions to Rule 10-01 of Regulation S-X of the United States Securities and Exchange Commission (the “SEC”). Accordingly, they have been condensed and do not include all of the information and footnotes required by GAAP for complete financial statements. The results of operations and cash flows for the three and nine months ended November 2, 2024 are not necessarily indicative of the results of operations to be expected for the full fiscal year. These financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended February 3, 2024. Fiscal Periods The Company operates on a 52/53-week fiscal year calendar, which ends on the Saturday nearest to January 31 of each year. The three and nine months ended November 2, 2024 had the same number of days as the three and nine months ended October 28, 2023. All references herein to “fiscal 2025”, “fiscal 2024” and “fiscal 2023” represent the results of the 52-week fiscal year ending February 1, 2025, the 53-week fiscal year ended February 3, 2024 and the 52-week fiscal year ended January 28, 2023, respectively. Business Update, Market Trends and Uncertainties Macroeconomic conditions, including declines in consumer spending, inflation, higher interest rates, foreign exchange rate fluctuations and the impact of the ongoing wars in Ukraine and Gaza are continuing to negatively impact the Company’s businesses. The Company continues to carefully monitor global and regional developments and respond appropriately. The Company also continues to strategically manage expenses in order to protect profitability and mitigate, to the extent possible, the residual effect of supply chain disruptions, including the Red Sea crisis. The duration and scope of these conditions cannot be predicted, and therefore, any anticipated negative financial impact to the Company’s operating results cannot be reasonably estimated. Summary of Significant Accounting Policies The accounting policies of the Company are set forth in further detail in Note 1 to the Company’s Consolidated Financial Statements contained in the Company’s fiscal 2024 Annual Report on Form 10-K. The Company includes herein certain updates to those policies. Cash, Cash Equivalents and Restricted Cash Cash and cash equivalents consist of cash on hand and marketable securities with original maturities of three months or less. The Company’s restricted cash is held for future payment of a special cash dividend declared in March 2024 as nonvested restricted stock awards vest. Use of Estimates The preparation of the financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect the amounts reported in the financial statements and disclosed in the accompanying notes. Significant areas requiring the use of management estimates relate to the allowances for doubtful accounts, sales return and markdown allowances, valuation of inventories, share-based compensation, income taxes, recoverability of deferred income taxes, unrecognized income tax benefits, the useful life of assets for depreciation and amortization, evaluation of asset impairment (including goodwill and long-lived assets, such as property and equipment and operating lease right-of-use (“ROU”) assets), pension obligations, workers’ compensation and medical self-insurance expense and accruals, litigation reserves, restructuring expense and accruals, convertible senior notes and accounting for business combinations. These estimates and assumptions may change as a result of the impact of global economic conditions, such as the uncertainty regarding the impact of the ongoing wars in Ukraine and Gaza, global inflationary pressures, volatility in foreign exchange rates and declining consumer spending. Actual results could differ from those estimates. Revisions in estimates could materially impact the results of operations and financial position. The Company’s operations could be impacted in ways the Company is not able to predict today. While the Company believes it has made reasonable accounting estimates based on the facts and circumstances that were available as of the reporting date, to the extent there are differences between these estimates and actual results, the Company’s results of operations and financial position could be materially impacted. Revenue Recognition The Company recognizes the majority of its revenue from its direct-to-consumer (brick-and-mortar retail stores and concessions as well as e-commerce) and wholesale distribution channels at a point in time when it satisfies a performance obligation and transfers control of the product to the respective customer. The Company also recognizes royalty revenue from its trademark license agreements. The Company’s trademark license agreements represent symbolic licenses that are dependent on the Company’s continued support over the term of the license agreement. The amount of revenue that is recognized from the licensing arrangements is based on sales-based royalty and advertising fund contributions as well as specific fixed payments, where applicable. The Company’s trademark license agreements customarily provide for a multi-year initial term ranging from three to these upfront payments included in accrued expenses and other current liabilities and other long-term liabilities, respectively, as of February 3, 2024. During the three and nine months ended November 2, 2024, the Company recognized $4.3 million and $13.0 million in net royalties, respectively, related to the amortization of deferred royalties. During the three and nine months ended October 28, 2023, the Company recognized $3.6 million and $10.7 million in net royalties, respectively, related to the amortization of deferred royalties. Refer to Note 9 for further information on disaggregation of revenue by segment and country. Allowance for Doubtful Accounts In the normal course of business, the Company grants credit directly to certain wholesale customers after a credit analysis is performed based on financial and other criteria. Accounts receivable are recorded net of an allowance for doubtful accounts. The Company maintains allowances for doubtful accounts for estimated losses that may result from the inability of its wholesale customers and licensing partners to make their required payments. The Company bases its allowances on analysis of the aging of accounts receivable at the date of the financial statements, assessments of historical and current collection trends, evaluation of the impact of current and future forecasted economic conditions and whether the Company has obtained credit insurance or other guarantees. Management performs regular evaluations concerning the ability of its customers to make required payments and records a provision for doubtful accounts based on these evaluations. As of November 2, 2024, approximately 42% of the Company’s total net trade accounts receivable and 63% of its European net trade receivables were subject to credit insurance coverage, certain bank guarantees or letters of credit for collection purposes. The Company’s credit insurance coverage contains certain terms and conditions specifying deductibles and annual claim limits. Management evaluates the creditworthiness of the counterparties to the credit insurance, bank guarantees and letters of credit and records a provision for the risk of loss on these instruments based on these evaluations as considered necessary. The Company’s credit losses for the periods presented were not significant compared to sales and did not significantly exceed management’s estimates. Refer to Note 6 for further information on the Company’s allowance for doubtful accounts. Advertising and Marketing Costs The Company expenses the cost of advertising as incurred. Advertising and marketing expenses charged to operations for the three and nine months ended November 2, 2024 were $25.7 million and $68.6 million, respectively. During the three and nine months ended October 28, 2023, advertising and marketing expenses charged to operations were $13.8 million and $36.6 million, respectively. Recently Adopted Accounting Guidance Common Control Arrangements In March 2023, the Financial Accounting Standards Board (“FASB”) issued authoritative guidance to amend certain provisions of Accounting Standards Codification 842 that apply to arrangements between related parties under common control. The amendment requires leasehold improvements associated with common control leases to be amortized over the useful life to the common control group, and requires certain disclosures when the lease term is shorter than the useful life of the asset. This Accounting Standards Update (“ASU”) is effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. The Company adopted this guidance during the three months ended May 4, 2024, which had no material impact on the Company’s consolidated financial position, results of operations or cash flows. Recently Issued Accounting Guidance Joint Venture Formations In August 2023, the FASB issued authoritative guidance regarding the initial measurement of joint ventures. Upon formation, a joint venture is required to recognize and initially measure its assets and liabilities at fair value. The new guidance is applicable to joint ventures with a formation date on or after January 1, 2025. Early adoption and retrospective application of the amendments are permitted. The Company is currently evaluating the impact this guidance will have on its consolidated financial statements. Segment Reporting In November 2023, the FASB issued authoritative guidance which modifies the disclosure requirements of reportable segments. This guidance is designed to improve reportable segment disclosure requirements, primarily through enhanced disclosures of significant segment expenses. This ASU is effective for fiscal years beginning after December 15, 2023, and for interim periods beginning after December 15, 2024. The Company is currently evaluating the impact this guidance will have on its consolidated financial statements. Income Tax Disclosures In December 2023, the FASB issued authoritative guidance to enhance the transparency and decision usefulness of income tax disclosures. The additional disclosures required by this update are related to the effective tax rate reconciliation and income taxes paid by jurisdiction. This ASU is effective for annual periods beginning after December 15, 2024. The Company is currently evaluating the impact this guidance will have on its consolidated financial statements. Expense Disaggregation In November 2024, the FASB issued authoritative guidance regarding expense disaggregation disclosures. The guidance requires interim and annual disclosure, within the notes to the Company’s financial statements, of (a) purchases of inventory, (b) employee compensation, (c) depreciation, and (d) intangible asset amortization included in each relevant expense caption presented on the face of the income statement within continuing operations. The requirements also include: (1) inclusion of certain amounts that are already required to be disclosed under current GAAP in the same disclosure as the other disaggregation requirements, (2) a qualitative description of the amounts remaining in relevant expense captions that are not separately disaggregated quantitatively, and (3) disclosure of the total amount of selling expenses and, in annual reporting periods, an entity’s definition of selling expenses. The new guidance is effective for annual reporting periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027. Early adoption is permitted. The Company is currently evaluating the impact this guidance will have on its consolidated financial statements.

Acquisition of rag & bone

Acquisition of rag & bone	9 Months Ended
	Nov. 02, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Acquisition of rag & bone	Acquisition of rag & bone On April 2, 2024, the Company completed the acquisition of the operating assets and liabilities of rag & bone, a lifestyle and apparel fashion brand. This included the direct operation of 34 stores in the U.S. and two stores in the U.K. Concurrent with the closing of the acquisition, (i) a joint venture owned 50% by each of the Company and global management firm WHP Global (the “Joint Venture”) acquired rag & bone’s intellectual property and (ii) the Company, through Guess Europe Sagl, a wholly owned subsidiary of the Company, entered into an Intellectual Property License Agreement (the “License Agreement”) with the Joint Venture granting the Company the exclusive right to use rag & bone intellectual property to manufacture licensed products worldwide and to sell licensed products in specified territories in exchange for payment of royalty fees by the Company to the Joint Venture. The Company paid total cash consideration of approximately $57.1 million at closing for both the operating assets and its 50% interest in the licensing assets. In addition, there is potential for incremental earnout consideration to the sellers, of which the Company could be responsible for a maximum of $12.8 million, based on preset levels of sales and EBITDA performance of the rag & bone operations in its fiscal year ending January 4, 2025. The Company recorded a $2.0 million payable with respect to the potential earnout payment during the quarter ended May 4, 2024 based on its assessment of the fair value measurement of such earnout as of April 2, 2024. There was no material change in the assessed fair value of the potential earnout as of November 2, 2024. The transaction is intended to provide the following strategic and financial benefits: • Leverage the Company’s powerful infrastructure to accelerate rag & bone growth and drive synergies; • Expand the Company’s global lifestyle brand portfolio with the rag & bone brand, allowing the Company to reach a very attractive customer base that is complimentary to that of the Guess and Marciano brands. Purchase Price Allocation The rag & bone acquisition was accounted for as a business combination in accordance with ASC Topic 805. Consistent with ASC Topic 805, rag & bone was consolidated into the Company’s condensed consolidated financial statements starting on the acquisition date. Under the acquisition method, the Company records the identifiable assets acquired and liabilities assumed at their respective fair values on the acquisition date. There are various estimates and judgments related to the valuation of identifiable assets acquired and liabilities assumed. These estimates and judgments have the potential to materially impact the Company’s condensed consolidated financial statements. The purchase price allocation as of the acquisition date was based on a preliminary valuation and is subject to change as more detailed analyses are completed and additional information about the fair value of assets acquired and liabilities assumed becomes available. For each of the three months ended August 3, 2024 and November 2, 2024, purchase price allocation adjustments were immaterial. The purchase price consideration was allocated to assets acquired and liabilities assumed based on their respective fair values as follows (in thousands): Apr 2, 2024 Cash and cash equivalents $ 2,083 Accounts receivable 23,582 Inventory 52,105 Other current assets 10,900 Total current assets 88,670 Property and equipment 12,605 Operating lease right-of-use assets 38,821 Other assets 61,840 Total assets acquired $ 201,936 Accounts payable $ 23,752 Accrued expenses 11,923 Current portion of operating lease liabilities 16,588 Total current liabilities 52,263 Long-term operating lease liabilities 44,496 Total liabilities assumed $ 96,759 Fair value of net assets acquired $ 105,177 Cash $ 57,064 Earnout consideration 2,040 Vendor consideration 46,073 Fair value of acquisition consideration $ 105,177 The Company recorded an allocation of the purchase price to the tangible assets acquired and liabilities assumed based on their fair values at the acquisition date, including the fair value of the equity method investment in the Joint Venture. The fair value of inventories, which is primarily made up of finished goods, was determined based on market assumptions for realizing a reasonable profit after selling costs. The fair value of intangibles reflects the rag & bone wholesale customer relationships, which is reported in other assets on the Company’s condensed consolidated balance sheets and will be amortized over a ten-year period reflecting the economic life of such relationships. In the acquisition, the Company assumed off-market leases for retail stores, which will be unwound over 3.5 years. The Company considers the difference between the total fair value received, inclusive of the deferred tax asset recognized by the Company associated with the transaction, and consideration paid, to be a vendor consideration liability, which reflects the incentive the Company received to enter into the rag & bone transaction and related License Agreement. As such, a $46.1 million vendor consideration liability was recorded on the Company’s condensed consolidated balance sheets and no goodwill was recognized as of the acquisition date. The vendor consideration liability will be amortized over five years. During the three months ended November 2, 2024, the Company incurred no transaction-related costs in connection with the acquisition of rag & bone. During the nine months ended November 2, 2024, the Company incurred $5.7 million of transaction-related costs in connection with the acquisition of rag & bone, which were included in selling, general and administrative expenses in the condensed consolidated statements of income (loss) and comprehensive income (loss). Pro Forma Financial Information For the three months ended November 2, 2024 and the period April 2, 2024 through November 2, 2024, rag & bone’s aggregate net revenue was $73.8 million and $161.0 million, respectively. The following financial information presents the Company’s consolidated net revenues as if the acquisition had occurred on January 29, 2023 (in thousands): Three Months Ended Nine Months Ended Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 Pro-forma net revenue $ 738,518 $ 720,435 $ 2,096,263 $ 2,070,000 The Company did not have any nonrecurring pro forma adjustments directly attributable to the rag & bone acquisition included in the reported pro forma revenue. These pro forma revenues were based on estimates and assumptions, which the Company believes are reasonable and have been calculated after applying the Company’s accounting policies. They are not the results that would have been realized had the acquisition actually occurred on January 29, 2023 and are not necessarily indicative of the Company’s consolidated net revenue in future periods. Equity Method Investment in and License Agreement with the Joint Venture The Company determined that it does not have a controlling financial interest in the Joint Venture, as the Company does not control the governing body of the Joint Venture and does not have the right to direct the most significant activities of the Joint Venture, which include monetizing the rag & bone intellectual property through licensing arrangements. The Company accounts for its 50% interest in the Joint Venture, through which it exercises significant influence, under the equity method. The Company initially recorded its investment in the Joint Venture at cost, which is derived from fair value due to the bundled nature of the rag & bone transaction, and included the acquisition of the rag & bone operating net assets, the License Agreement, as well as the Joint Venture investment. As of November 2, 2024, the carrying value of the Joint Venture investment is approximately $45.0 million, inclusive of the Company’s interest held through a non-interest bearing loan of $15.6 million. The carrying value for the Company’s equity investment is reported in other assets on the Company’s condensed consolidated balance sheets. The Company and the Joint Venture entered into the License Agreement concurrent with the overall rag & bone transaction. The License Agreement grants the Company the exclusive right to use rag & bone intellectual property to manufacture licensed products worldwide and to sell licensed products in specified territories. The initial term of the License Agreement is ten years, and the License Agreement automatically renews for up to four successive renewal terms of ten years (unless the Company provides notice of non-renewal). The Joint Venture, through WHP Global, has the right to terminate the License Agreement upon certain breaches by the Company. Under the terms of the License Agreement, the Company will pay the Joint Venture royalties equal to specified percentages of net sales of licensed products, which vary based on sales channel, subject to an annual guaranteed minimum royalty during the term of the License Agreement. The Company records the royalty expenses within cost of product sales. Pursuant to the agreement governing the operations of the Joint Venture, cash earnings of the Joint Venture will be distributed to the Company and WHP Global on a pro rata basis based on their respective equity ownership interests, subject to certain adjustments agreed to between the Company and WHP Global. The Company will subsequently adjust the carrying amount based on its share of the Joint Venture’s net income or loss. The Company’s share of equity income will be included within results from operations in the condensed consolidated statements of income (loss), subject to adjustments for intercompany profits associated with the License Agreement.

Lease Accounting

Lease Accounting	9 Months Ended
	Nov. 02, 2024
Leases [Abstract]
Lease Accounting	Lease Accounting The Company primarily leases its showrooms, advertising, licensing, sales and merchandising offices, remote distribution and warehousing facilities and retail and factory outlet store locations under operating lease agreements expiring on various dates through August 2044. The Company also leases some of its equipment, as well as computer hardware and software, under operating and finance lease agreements expiring on various dates through July 2029. The Company’s lease agreements primarily provide for lease payments based on a minimum annual rental amount, a percentage of annual sales volume, periodic adjustments related to inflation or a combination of such lease payments. Certain retail store leases provide for lease payments based upon the minimum annual rental amount and a percentage of annual sales volume, generally ranging from 3% to 26%, when specific sales volumes are exceeded. The Company’s retail concession leases also provide for lease payments primarily based upon a percentage of annual sales volume, which averages approximately 26%. During the nine months ended November 2, 2024, the Company closed on the sale and leaseback of its U.S. distribution center. The lease payments escalate at a fixed percentage rate annually for the first ten years. After the initial lease term, the Company has the option to renew the lease for two five-year extension periods. The transaction met the criteria for sale-leaseback accounting and, as such, a net gain of $13.8 million was recognized on the sale of the assets during the nine months ended November 2, 2024. In addition to the amounts as disclosed below, the Company has estimated additional operating lease commitments of approximately $8.3 million for leases where the Company has not yet taken possession of the underlying asset as of November 2, 2024. As such, the related operating lease ROU assets and operating lease liabilities have not been recognized in the Company’s condensed consolidated balance sheet as of November 2, 2024. The components of leases are (in thousands): Nov 2, 2024 Feb 3, 2024 Assets Balance Sheet Location Operating Operating lease right-of-use assets $ 794,066 $ 667,031 Finance Property and equipment, net 8,010 15,132 Total lease assets $ 802,076 $ 682,163 Liabilities Balance Sheet Location Current: Operating Current portion of operating lease liabilities $ 180,835 $ 166,451 Finance Current portion of borrowings and finance lease obligations 5,603 5,573 Noncurrent: Operating Long-term operating lease liabilities 670,430 542,392 Finance Long-term debt and finance lease obligations 5,154 9,857 Total lease liabilities $ 862,022 $ 724,273 The components of lease costs are (in thousands): Three Months Ended Nine Months Ended Income Statement Location Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 Operating lease costs Cost of product sales $ 53,293 $ 44,964 $ 151,652 $ 136,367 Operating lease costs Selling, general and administrative expenses 7,730 6,744 24,820 19,941 Operating lease costs 1 Net (gains) losses on lease modifications (718) 537 (718) (1,894) Finance lease costs Amortization of leased assets Cost of product sales 8 9 20 61 Amortization of leased assets Selling, general and administrative expenses 753 1,635 3,881 4,747 Interest on lease liabilities Interest expense 120 179 475 577 Variable lease costs 2 Cost of product sales 25,361 23,400 74,894 71,551 Variable lease costs 2 Selling, general and administrative expenses 932 804 3,247 2,551 Short-term lease costs Cost of product sales 129 92 358 241 Short-term lease costs Selling, general and administrative expenses 2,071 2,015 6,275 4,306 Total lease costs $ 89,679 $ 80,379 $ 264,904 $ 238,448 ______________________________________________________________________ Notes: 1 During each of the three and nine months ended November 2, 2024 and October 28, 2023, net (gains) losses on lease modifications related primarily to the early termination of certain lease agreements. Operating lease costs for these locations prior to the early termination were included in cost of product sales. 2 During the three and nine months ended November 2, 2024, variable lease costs included certain rent concessions of approximately $0.2 million and $0.5 million, respectively, received by the Company, primarily in Europe. During the three and nine months ended October 28, 2023, variable lease costs included certain rent concessions of approximately $0.4 million and $1.4 million, respectively, received by the Company, primarily in Europe. Maturities of the Company’s operating and finance lease liabilities as of November 2, 2024 are (in thousands): Operating Leases Maturity of Lease Liabilities Non-Related Parties Related Parties Finance Leases Total Fiscal 2025 $ 67,282 $ 1,934 $ 816 $ 70,032 Fiscal 2026 177,476 7,218 5,696 190,390 Fiscal 2027 161,172 7,780 3,184 172,136 Fiscal 2028 132,696 7,703 1,353 141,752 Fiscal 2029 117,440 8,468 294 126,202 After fiscal 2029 300,818 12,329 3 313,150 Total lease payments 956,884 45,432 11,346 1,013,662 Less: Interest 142,591 8,460 589 151,640 Present value of lease liabilities $ 814,293 $ 36,972 $ 10,757 $ 862,022 Other supplemental information is (in thousands): Lease Term and Discount Rate Nov 2, 2024 Weighted-average remaining lease term Operating leases 6.4 years Finance leases 2.6 years Weighted-average discount rate Operating leases 5.2% Finance leases 4.1% Nine Months Ended Supplemental Cash Flow Information Nov 2, 2024 Oct 28, 2023 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 163,728 $ 155,379 New operating ROU assets obtained in exchange for lease liabilities $ 192,543 $ 128,756
Lease Accounting	Lease Accounting The Company primarily leases its showrooms, advertising, licensing, sales and merchandising offices, remote distribution and warehousing facilities and retail and factory outlet store locations under operating lease agreements expiring on various dates through August 2044. The Company also leases some of its equipment, as well as computer hardware and software, under operating and finance lease agreements expiring on various dates through July 2029. The Company’s lease agreements primarily provide for lease payments based on a minimum annual rental amount, a percentage of annual sales volume, periodic adjustments related to inflation or a combination of such lease payments. Certain retail store leases provide for lease payments based upon the minimum annual rental amount and a percentage of annual sales volume, generally ranging from 3% to 26%, when specific sales volumes are exceeded. The Company’s retail concession leases also provide for lease payments primarily based upon a percentage of annual sales volume, which averages approximately 26%. During the nine months ended November 2, 2024, the Company closed on the sale and leaseback of its U.S. distribution center. The lease payments escalate at a fixed percentage rate annually for the first ten years. After the initial lease term, the Company has the option to renew the lease for two five-year extension periods. The transaction met the criteria for sale-leaseback accounting and, as such, a net gain of $13.8 million was recognized on the sale of the assets during the nine months ended November 2, 2024. In addition to the amounts as disclosed below, the Company has estimated additional operating lease commitments of approximately $8.3 million for leases where the Company has not yet taken possession of the underlying asset as of November 2, 2024. As such, the related operating lease ROU assets and operating lease liabilities have not been recognized in the Company’s condensed consolidated balance sheet as of November 2, 2024. The components of leases are (in thousands): Nov 2, 2024 Feb 3, 2024 Assets Balance Sheet Location Operating Operating lease right-of-use assets $ 794,066 $ 667,031 Finance Property and equipment, net 8,010 15,132 Total lease assets $ 802,076 $ 682,163 Liabilities Balance Sheet Location Current: Operating Current portion of operating lease liabilities $ 180,835 $ 166,451 Finance Current portion of borrowings and finance lease obligations 5,603 5,573 Noncurrent: Operating Long-term operating lease liabilities 670,430 542,392 Finance Long-term debt and finance lease obligations 5,154 9,857 Total lease liabilities $ 862,022 $ 724,273 The components of lease costs are (in thousands): Three Months Ended Nine Months Ended Income Statement Location Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 Operating lease costs Cost of product sales $ 53,293 $ 44,964 $ 151,652 $ 136,367 Operating lease costs Selling, general and administrative expenses 7,730 6,744 24,820 19,941 Operating lease costs 1 Net (gains) losses on lease modifications (718) 537 (718) (1,894) Finance lease costs Amortization of leased assets Cost of product sales 8 9 20 61 Amortization of leased assets Selling, general and administrative expenses 753 1,635 3,881 4,747 Interest on lease liabilities Interest expense 120 179 475 577 Variable lease costs 2 Cost of product sales 25,361 23,400 74,894 71,551 Variable lease costs 2 Selling, general and administrative expenses 932 804 3,247 2,551 Short-term lease costs Cost of product sales 129 92 358 241 Short-term lease costs Selling, general and administrative expenses 2,071 2,015 6,275 4,306 Total lease costs $ 89,679 $ 80,379 $ 264,904 $ 238,448 ______________________________________________________________________ Notes: 1 During each of the three and nine months ended November 2, 2024 and October 28, 2023, net (gains) losses on lease modifications related primarily to the early termination of certain lease agreements. Operating lease costs for these locations prior to the early termination were included in cost of product sales. 2 During the three and nine months ended November 2, 2024, variable lease costs included certain rent concessions of approximately $0.2 million and $0.5 million, respectively, received by the Company, primarily in Europe. During the three and nine months ended October 28, 2023, variable lease costs included certain rent concessions of approximately $0.4 million and $1.4 million, respectively, received by the Company, primarily in Europe. Maturities of the Company’s operating and finance lease liabilities as of November 2, 2024 are (in thousands): Operating Leases Maturity of Lease Liabilities Non-Related Parties Related Parties Finance Leases Total Fiscal 2025 $ 67,282 $ 1,934 $ 816 $ 70,032 Fiscal 2026 177,476 7,218 5,696 190,390 Fiscal 2027 161,172 7,780 3,184 172,136 Fiscal 2028 132,696 7,703 1,353 141,752 Fiscal 2029 117,440 8,468 294 126,202 After fiscal 2029 300,818 12,329 3 313,150 Total lease payments 956,884 45,432 11,346 1,013,662 Less: Interest 142,591 8,460 589 151,640 Present value of lease liabilities $ 814,293 $ 36,972 $ 10,757 $ 862,022 Other supplemental information is (in thousands): Lease Term and Discount Rate Nov 2, 2024 Weighted-average remaining lease term Operating leases 6.4 years Finance leases 2.6 years Weighted-average discount rate Operating leases 5.2% Finance leases 4.1% Nine Months Ended Supplemental Cash Flow Information Nov 2, 2024 Oct 28, 2023 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 163,728 $ 155,379 New operating ROU assets obtained in exchange for lease liabilities $ 192,543 $ 128,756

Earnings (Loss) per Share

Earnings (Loss) per Share	9 Months Ended
	Nov. 02, 2024
Earnings Per Share [Abstract]
Earnings (Loss) per Share	Earnings (Loss) per Share The computation of basic and diluted net earnings (loss) per common share attributable to common stockholders is (in thousands, except per share data): Three Months Ended Nine Months Ended Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 Net earnings (loss) attributable to Guess?, Inc. $ (23,395) $ 55,701 $ (20,976) $ 82,929 Less net earnings attributable to nonvested restricted stockholders 210 672 687 1,066 Net earnings (loss) attributable to common stockholders (23,605) 55,029 (21,663) 81,863 Add expenses (income) related to the convertible senior notes 1 (7,712) 2,779 — 6,826 Net earnings (loss) attributable to common stockholders used in diluted computations $ (31,317) $ 57,808 $ (21,663) $ 88,689 Weighted average common shares used in basic computations 50,798 53,052 52,047 53,450 Effect of dilutive securities: Stock options and restricted stock units — 1,366 — 1,276 Convertible senior notes 15,810 15,913 — 13,372 Weighted average common shares used in diluted computations 66,608 70,331 52,047 68,098 Net earnings (loss) per common share attributable to common stockholders: Basic $ (0.46) $ 1.04 $ (0.42) $ 1.53 Diluted $ (0.47) $ 0.82 $ (0.42) $ 1.30 ______________________________________________________________________ Notes: 1 Expenses (income) related to the convertible senior notes include interest expense, loss on extinguishment of debt and (gain) loss on fair value remeasurement for embedded derivative, net of associated income tax effect. Potentially dilutive common stock, including equity awards granted that were outstanding as well as shares issuable under convertible senior notes, are not included in the computation of diluted weighted average common shares and common equivalent shares outstanding if their effect would have been antidilutive. Antidilutive shares excluded from the computation of diluted weighted average common shares and common equivalent shares outstanding are: Three Months Ended Nine Months Ended Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 Stock options and restricted stock units 1 1,492,824 159,950 1,557,115 1,011,089 Convertible senior notes — — 15,798,155 1,491,394 Total 1,492,824 159,950 17,355,270 2,502,483 ______________________________________________________________________ Notes: 1 During the three months ended November 2, 2024, 1,172,118 potentially dilutive shares were excluded given the Company’s net loss and 320,706 potentially dilutive shares were excluded because the assumed proceeds resulted in these awards being antidilutive. During the nine months ended November 2, 2024, 1,313,235 potentially dilutive shares were excluded given the Company’s net loss and 243,880 potentially dilutive shares were excluded because the assumed proceeds resulted in these awards being antidilutive. For the three and nine months ended November 2, 2024, the Company excluded 574,941 nonvested stock units which were subject to the achievement of performance-based or market-based vesting conditions from the computation of diluted weighted average common shares and common equivalent shares outstanding because these conditions were not achieved as of November 2, 2024. For the three and nine months ended October 28, 2023, the Company excluded 640,042 nonvested stock units which were subject to the achievement of performance-based or market-based vesting conditions from the computation of diluted weighted average common shares and common equivalent shares outstanding because these conditions were not achieved as of October 28, 2023. Warrants related to the 2.00% convertible senior notes due April 2024 (the “2024 Notes”) to purchase approximately 0.3 million and 4.6 million shares of the Company’s common shares at adjusted strike prices of $40.65 and $44.53 per share were outstanding as of November 2, 2024 and October 28, 2023, respectively. Warrants related to the 3.75% convertible senior notes due April 2028 (the “2028 Notes”, and together with the 2024 Notes, the “Notes”) to purchase approximately 15.8 million and 11.1 million shares of the Company’s common shares at adjusted strike prices of $37.61 and $41.51 per share were outstanding as of November 2, 2024 and October 28, 2023, respectively. During the three and nine months ended November 2, 2024 and October 28, 2023, these warrants were excluded from the computation of diluted net earnings (loss) per share since the warrants’ adjusted strike price was greater than the average market price of the Company’s common stock. See Note 11 for more information regarding the Notes.

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Nov. 02, 2024
Equity [Abstract]
Stockholders' Equity	Stockholders' Equity Share Repurchase Program During fiscal 2022, the Board of Directors authorized a $200 million share repurchase program (the “2021 Share Repurchase Program”). On March 14, 2022, the Board of Directors expanded the repurchase authorization under the 2021 Share Repurchase Program by $100 million. In January 2024, the Board of Directors expanded the repurchase authorization by approximately $1.4 million to cover the repurchases associated with the January 2024 issuance of the January Additional 2028 Notes (as defined in Note 11). As of February 3, 2024, the Company had no remaining authority under the 2021 Share Repurchase Program to purchase its common stock. On March 25, 2024, the Board of Directors authorized a new $200 million share repurchase program (the “2024 Share Repurchase Program”). Repurchases under the 2024 Share Repurchase Program may be made on the open market or in privately negotiated transactions, pursuant to Rule 10b5-1 trading plans or other available means. There is no minimum or maximum number of shares to be repurchased under the program and the program may be discontinued at any time without prior notice. During the three months ended November 2, 2024, there were no share repurchases. During the nine months ended November 2, 2024, the Company repurchased 2.6 million shares of the Company’s common stock under its 2024 Share Repurchase Program at an aggregate cost of $60.8 million, including excise tax. During the three months ended October 28, 2023, there were no share repurchases. During the nine months ended October 28, 2023, the Company repurchased 2.2 million shares under its 2021 Share Repurchase Program at an aggregate cost of $42.8 million, including excise tax. As of November 2, 2024, the Company had remaining authority under the 2024 Share Repurchase Program to purchase approximately $139.8 million of its common stock. Dividends The following sets forth the cash dividend declared per share: Three Months Ended Nine Months Ended Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 Cash dividend declared per share $ 0.300 $ 0.300 $ 3.150 $ 0.825 The indenture governing the 2024 Notes required an adjustment to the conversion rate and the conversion price of the 2024 Notes for quarterly dividends exceeding $0.1125 per share. The indenture governing the 2028 Notes requires an adjustment to the conversion rate and the conversion price of the 2028 Notes for quarterly dividends exceeding $0.225 per share. On May 24, 2023, the Company announced an increase to its regular quarterly cash dividend from $0.225 to $0.30 per share on the Company’s common stock. On March 20, 2024, the Company announced a special cash dividend of $2.25 per share on the Company’s common stock in addition to the quarterly cash dividend of $0.30 per share. The dividends were paid on May 3, 2024 to shareholders of record as of the close of business on April 17, 2024. In accordance with the terms of the indentures governing the 2028 Notes, the Company has adjusted the conversion rate and the conversion price of the 2028 Notes for quarterly dividends exceeding $0.225 per share. Corresponding adjustments have been made to the strike prices with respect to the convertible note hedges and the warrants entered into by the Company in connection with the offering of the 2028 Notes, each of which was decreased in accordance with the terms of the applicable convertible note hedge confirmations and warrant confirmations. Refer to Note 11 for more information. For each of the periods presented, dividends paid also included the impact from vesting of restricted stock units that are considered non-participating securities and are only entitled to dividend payments once the respective awards vest. Accumulated Other Comprehensive Income (Loss) The changes in accumulated other comprehensive income (loss) (“AOCL”), net of related income taxes, are (in thousands): Foreign Currency Translation Adjustment Derivative Financial Instruments Designated as Cash Flow Hedges Defined Benefit Plans Total Three Months Ended Nov 2, 2024 Balance at August 3, 2024 $ (137,667) $ 476 $ (467) $ (137,658) Gains (losses) arising during the period (7,542) 1,688 77 (5,777) Reclassification to net earnings (loss) for gains realized — (372) (34) (406) Net other comprehensive income (loss) (7,542) 1,316 43 (6,183) Balance at November 2, 2024 $ (145,209) $ 1,792 $ (424) $ (143,841) Nine Months Ended Nov 2, 2024 Balance at February 3, 2024 $ (136,115) $ (544) $ (351) $ (137,010) Gains (losses) arising during the period (9,094) 1,001 28 (8,065) Reclassification to net earnings (loss) for (gains) losses realized — 1,335 (101) 1,234 Net other comprehensive income (loss) (9,094) 2,336 (73) (6,831) Balance at November 2, 2024 $ (145,209) $ 1,792 $ (424) $ (143,841) Foreign Currency Translation Adjustment Derivative Financial Instruments Designated as Cash Flow Hedges Defined Benefit Plans Total Three Months Ended Oct 28, 2023 Balance at July 29, 2023 $ (123,169) $ (5,805) $ (3,583) $ (132,557) Gains (losses) arising during the period (26,663) 5,870 184 (20,609) Reclassification to net earnings for (gains) losses realized — (6) 22 16 Net other comprehensive income (loss) (26,663) 5,864 206 (20,593) Balance at October 28, 2023 $ (149,832) $ 59 $ (3,377) $ (153,150) Nine Months Ended Oct 28, 2023 Balance at January 28, 2023 $ (129,168) $ (1,584) $ (3,321) $ (134,073) Gains (losses) arising during the period (20,664) 7,383 (122) (13,403) Reclassification to net earnings for (gains) losses realized — (5,740) 66 (5,674) Net other comprehensive income (loss) (20,664) 1,643 (56) (19,077) Balance at October 28, 2023 $ (149,832) $ 59 $ (3,377) $ (153,150) Details on reclassifications out of AOCL to net earnings (loss) are (in thousands): Three Months Ended Nine Months Ended Location of (Gain) Loss Reclassified from AOCL into Earnings (Loss) Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 Derivative financial instruments designated as cash flow hedges: Foreign exchange currency contracts $ (418) $ 130 $ 1,683 $ (6,074) Cost of product sales Interest rate swap — (158) (212) (434) Interest expense Less income tax effect 46 22 (136) 768 Income tax expense (benefit) (372) (6) 1,335 (5,740) Defined benefit plans: Net actuarial (gain) loss amortization (2) 64 (9) 191 Other expense, net Prior service credit amortization (42) (40) (122) (119) Other expense, net Less income tax effect 10 (2) 30 (6) Income tax expense (benefit) (34) 22 (101) 66 Total reclassifications during the period $ (406) $ 16 $ 1,234 $ (5,674)

Accounts Receivable

Accounts Receivable	9 Months Ended
	Nov. 02, 2024
Receivables [Abstract]
Accounts Receivable	Accounts Receivable Accounts receivable is summarized as follows (in thousands): Nov 2, 2024 Feb 3, 2024 Trade $ 346,592 $ 305,900 Royalty 33,519 9,334 Other 10,530 6,711 390,641 321,945 Less allowances 7,274 7,176 $ 383,367 $ 314,769 Accounts receivable consists of trade receivables relating primarily to the Company’s wholesale business in Europe and, to a lesser extent, its wholesale businesses in the Americas and Asia, royalty receivables relating to its licensing operations, credit card and retail concession receivables related to its retail businesses and certain other receivables. Other receivables generally relate to amounts due to the Company that result from activities not related to the direct sale of the Company’s products or collection of royalties.

Inventories

Inventories	9 Months Ended
	Nov. 02, 2024
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories consist of the following (in thousands): Nov 2, 2024 Feb 3, 2024 Raw materials $ 3,871 $ 1,488 Work in progress 49 3 Finished goods 671,832 464,806 $ 675,752 $ 466,297 The above balances include an allowance to write down inventories to the lower of cost or net realizable value of $25.8 million and $25.5 million as of November 2, 2024 and February 3, 2024, respectively.

Income Taxes

Income Taxes	9 Months Ended
	Nov. 02, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Effective Income Tax Rate Income tax expense for the interim periods is computed using the income tax rate estimated to be applicable for the full fiscal year, adjusted for discrete items. The Company’s effective income tax rate was an expense of 355.1% for the nine months ended November 2, 2024 compared to a benefit of 6.3% for the nine months ended October 28, 2023. The change in the effective income tax rate was primarily due to a net $41.8 million unrealized loss on the fair value remeasurement of derivatives related to the Company’s 2028 Notes and the related convertible note hedge recorded in the current period which was disregarded for income tax purposes, compared to a discrete income tax benefit recognized during the third quarter of fiscal 2024 as a result of the consolidation of certain business functions into Switzerland as described below. Intra-Entity Transactions During fiscal 2022, the Company completed an intra-entity transfer of intellectual property rights from certain U.S. entities to a wholly-owned Swiss subsidiary, more closely aligning the Company’s intellectual property rights with its business operations. This transaction resulted in a taxable gain in the U.S. The U.S. taxable gain generated by this intercompany transfer of intellectual property was primarily offset by the recognition of a deferred income tax asset in the Swiss subsidiary. During fiscal 2024, the Company recognized a one-time net tax benefit of Swiss Franc 33.7 million related to the consolidation of certain business functions into Switzerland that was approved by the Switzerland tax authority during the third quarter of fiscal 2024. Changes in Income Tax Law During calendar year 2019, Switzerland implemented income tax reform (“Swiss tax reform”) that was effective as of January 1, 2020. The Swiss tax reform eliminated certain preferential income tax treatments and included transitional relief measures which provided for future income tax deductions. During fiscal 2020, the Company recognized a one-time income tax benefit of approximately $8.1 million related primarily to the recognition of a deferred income tax asset associated with the estimated value of an income tax basis step-up of the Company’s Switzerland subsidiary’s assets. During fiscal 2023, the Company recorded a $2.3 million reserve for uncertain income tax positions related to such deferred income tax asset. During fiscal 2024, based on recent developments among European Union tax authorities, the Company wrote off the $8.1 million tax benefit related to the value of the income tax basis step-up of the Company’s Switzerland subsidiary’s assets, resulting in a net income tax expense of $5.8 million. Unrecognized Income Tax Benefit The Company and its subsidiaries are subject to U.S. federal and foreign income tax, as well as income tax of multiple state and foreign local jurisdictions. From time-to-time, the Company is subject to routine income and other audits on various income tax matters around the world in the ordinary course of business. As of November 2, 2024, the Company does not expect its ongoing income tax or other tax audits to have a material impact on the financial statements. As of November 2, 2024 and February 3, 2024, the Company had $67.7 million and $63.4 million, respectively, of aggregate accruals for uncertain income tax positions, including penalties and interest. This includes an accrual of $19.9 million for the estimated transition tax (excluding interest) related to the 2017 Tax Cuts and Jobs Act (the “Tax Reform”) and $20.6 million for the intra-entity transfer of intellectual property rights from certain U.S. entities to a wholly-owned Swiss subsidiary, substantially offset by the related deferred income tax benefit recorded by the Swiss subsidiary. The Company reviews and updates the estimates used in the accrual for uncertain income tax positions, as appropriate, as more definitive information or interpretations become available from income taxing authorities, and on the completion of income tax audits, the receipt of assessments, expiration of statutes of limitations, or occurrence of other events. During fiscal 2021, the Company became aware of a foreign withholding income tax regulation that could be interpreted to apply to certain of its previous transactions. The Company currently does not expect its exposure, if any, will have a material impact on its consolidated financial position, results of operations or cash flows. Indefinite Reinvestment Assertion The Company has historically considered the undistributed earnings of its foreign subsidiaries to be indefinitely reinvested. As a result of the Tax Reform, the Company had a substantial amount of previously taxed earnings that could be distributed to the U.S. without additional U.S. taxation. As of November 2, 2024, the Company determined that approximately $73.3 million of such foreign earnings are not indefinitely reinvested. The incremental tax cost to repatriate these earnings to the U.S. is immaterial. The Company intends to indefinitely reinvest the remaining earnings from the Company’s foreign subsidiaries for which a deferred income tax liability has not already been recorded. The Company continues to evaluate its plans for reinvestment or repatriation of unremitted foreign earnings and regularly reviews its cash positions and determination of indefinite reinvestment of foreign earnings. If the Company determines that all or a portion of such foreign earnings are no longer indefinitely reinvested, the Company may be subject to additional foreign withholding taxes and U.S. state income taxes, beyond the one-time transition tax.

Segment Information

Segment Information	9 Months Ended
	Nov. 02, 2024
Segment Reporting [Abstract]
Segment Information	Segment Information The Company’s businesses are grouped into five reportable segments for management and internal financial reporting purposes: Europe, Americas Retail, Americas Wholesale, Asia and Licensing. The Company’s Europe, Americas Retail, Americas Wholesale and Licensing reportable segments are the same as their respective operating segments. Certain components of the Company’s Asia operating segment are separate operating segments based on region, which have been aggregated into the Asia reportable segment for disclosure purposes. On April 2, 2024, the Company completed the rag & bone acquisition and has integrated rag & bone into its existing segments for financial reporting purposes. Management evaluates segment performance based primarily on revenues and earnings (loss) from operations before corporate performance-based compensation costs, asset impairment charges, net gains (losses) on lease modifications, separation charges, transaction costs, restructuring charges, gain on sale of assets and certain non-recurring credits (charges), if any. All intercompany revenues are eliminated in consolidation and are not reviewed when evaluating segment performance. The Company believes this segment reporting reflects how its business segments are managed and how each segment’s performance is evaluated by the Company’s chief operating decision maker to assess performance and make resource allocation decisions. Net revenue and earnings (loss) from operations are summarized (in thousands): Three Months Ended Nine Months Ended Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 Net revenue: Europe $ 368,429 $ 344,472 $ 1,035,532 $ 990,981 Americas Retail 172,751 153,872 498,441 464,984 Americas Wholesale 98,849 55,288 245,381 150,361 Asia 65,478 64,498 192,566 194,210 Licensing 33,011 33,040 91,101 84,944 Total net revenue $ 738,518 $ 651,170 $ 2,063,021 $ 1,885,480 Earnings (loss) from operations: Europe $ 32,476 $ 35,555 $ 69,431 $ 84,344 Americas Retail (7,487) 8,086 (15,185) 20,060 Americas Wholesale 25,410 16,106 55,517 40,264 Asia (1,281) 636 1,236 3,927 Licensing 30,296 30,770 84,110 79,419 Total segment earnings from operations 79,414 91,153 195,109 228,014 Corporate overhead (36,765) (34,106) (134,935) (105,164) Asset impairment charges 1 (1,091) (1,737) (4,509) (6,293) Net gains (losses) on lease modifications 2 718 (537) 718 1,894 Gain on sale of assets 3 — — 13,781 — Total earnings from operations $ 42,276 $ 54,773 $ 70,164 $ 118,451 ______________________________________________________________________ Notes: 1 During each of the three and nine months ended November 2, 2024 and October 28, 2023, the Company recognized asset impairment charges related primarily to impairment of property and equipment related to certain retail locations resulting from under-performance and expected store closures. Refer to Note 16 for more information regarding these asset impairment charges. 2 During each of the three and nine months ended November 2, 2024 and October 28, 2023, the Company recorded net gains (losses) on lease modifications related primarily to the early termination of certain lease agreements. 3 During the nine months ended November 2, 2024, the Company recorded a gain on the sale of assets related to the U.S. distribution center. The below presents information regarding geographic areas in which the Company operated. Net revenue is classified primarily based on the country where the Company’s customer is located (in thousands): Three Months Ended Nine Months Ended Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 Net revenue: U.S. $ 198,955 $ 133,613 $ 542,794 $ 412,746 Italy 72,519 71,395 208,240 213,055 Germany 52,326 47,179 137,615 127,503 South Korea 39,097 41,642 118,788 124,132 Spain 37,385 35,034 107,501 104,389 Canada 33,244 38,968 95,134 109,178 Mexico 31,977 31,426 92,226 78,978 Other countries 240,004 218,873 669,622 630,555 Total product sales 705,507 618,130 1,971,920 1,800,536 Net royalties 33,011 33,040 91,101 84,944 Net revenue $ 738,518 $ 651,170 $ 2,063,021 $ 1,885,480

Borrowings and Finance Lease Ob

Borrowings and Finance Lease Obligations	9 Months Ended
	Nov. 02, 2024
Debt Disclosure [Abstract]
Borrowings and Finance Lease Obligations	Borrowings and Finance Lease Obligations Borrowings and finance lease obligations are summarized (in thousands): Nov 2, 2024 Feb 3, 2024 Term loans $ 4,967 $ 12,060 Finance lease obligations 10,757 15,430 Mortgage debt — 16,435 Borrowings under credit facilities 262,548 21,653 Other 2,870 3,413 281,142 68,991 Less current installments 42,836 40,781 Long-term debt and finance lease obligations $ 238,306 $ 28,210 Term Loans The Company entered into term loans with certain banks primarily in Europe during fiscal 2021. These loans are primarily unsecured, have remaining terms of less than one year and incur interest at annual rates ranging between 1.5% to 6.0%. As of November 2, 2024 and February 3, 2024, the Company had outstanding borrowings of $5.0 million and $12.1 million, respectively, under these term loans. Finance Lease Obligations The Company has entered into finance leases for equipment used in its European distribution centers. These finance lease agreements provide for monthly minimum lease payments and expire on various dates through May 2027 with an average effective interest rate of approximately 4%. As of November 2, 2024 and February 3, 2024, these finance lease obligations totaled $5.6 million and $8.1 million, respectively. The Company also has smaller finance leases related to computer hardware and software and other equipment. As of November 2, 2024 and February 3, 2024, these finance lease obligations totaled $5.2 million and $7.3 million, respectively. Mortgage Debt During fiscal 2017, the Company entered into a ten-year $21.5 million real estate secured loan (the “Mortgage Debt”) which was secured by the Company’s U.S. distribution center based in Louisville, Kentucky. The Mortgage Debt required the Company to comply with a fixed charge coverage ratio on a trailing four-quarter basis if consolidated cash, cash equivalents, short-term investment balances and availability under borrowing arrangements fell below certain levels. In addition, the Mortgage Debt contained customary covenants, including covenants that limited or restricted the Company’s ability to incur liens on the mortgaged property and enter into certain contractual obligations. Upon the occurrence of an event of default under the Mortgage Debt, the lender could have terminated the Mortgage Debt and declared all amounts outstanding to be immediately due and payable. The Mortgage Debt specified a number of events of default (some of which were subject to applicable grace or cure periods), including, among other things, non-payment defaults, covenant defaults, cross-defaults to other material indebtedness, bankruptcy and insolvency defaults and material judgment defaults. In May 2023, the Company amended the terms of the Mortgage Debt, which was previously payable at a variable rate based on the London Interbank Offered Rate (“LIBOR”), to provide for the interest rate to be based on the Secured Overnight Financing Rate (“SOFR”), effective May 1, 2023. The Company also amended its existing interest rate swap agreement, resulting in a swap fixed rate of approximately 3.14%. During the nine months ended November 2, 2024, the Company paid the $16.3 million remaining balance of the Mortgage Debt when it sold the associated building and land and extinguished this debt. Credit Facilities Long-Term 2023 Credit Facility During fiscal 2023, the Company amended and restated its senior secured asset-based revolving credit facility with Bank of America, N.A. and other lenders party thereto to extend the maturity date of the credit facility to December 20, 2027, among other changes (as amended, the “2023 Credit Facility”). In addition, the Company entered into agreements to amend the 2023 Credit Facility to permit, among other things, an exchange and subscription offering and certain related transactions on each of April 12, 2023 and March 28, 2024. The 2023 Credit Facility previously provided for a borrowing capacity in an amount up to $150 million, which was increased in March 2024 by $50 million to a total borrowing capacity under the facility up to $200 million. The borrowing facility includes a Canadian sub-facility up to $20 million, subject to a borrowing base. Based on applicable accounts receivable, inventory and eligible cash, subject to certain allowances, the Company could have borrowed up to $192.3 million under the 2023 Credit Facility as of November 2, 2024. The 2023 Credit Facility has an option to expand the borrowing capacity by up to $100 million subject to certain terms and conditions, including the willingness of existing or new lenders to assume such increased amount. The 2023 Credit Facility is available for direct borrowings and the issuance of letters of credit, subject to certain letters of credit sublimits, and may be used for repayment of debt, working capital and other general corporate purposes. As of November 2, 2024, the Company had $7.7 million in outstanding standby letters of credit, no outstanding documentary letters of credit and no outstanding borrowings under the 2023 Credit Facility. As of February 3, 2024, the Company had $6.6 million in outstanding standby letters of credit, no outstanding documentary letters of credit and no outstanding borrowings under the 2023 Credit Facility. All obligations under the 2023 Credit Facility are unconditionally guaranteed by the Company and the Company’s existing and future domestic and Canadian subsidiaries, subject to certain exceptions, and are secured by a first priority lien on substantially all of the assets of the Company and such domestic and Canadian subsidiaries, as applicable. Direct borrowings under the 2023 Credit Facility made by the Company and its domestic subsidiaries bear interest at the U.S. base rate plus an applicable margin (varying from 0.25% to 0.75%) or at Term SOFR plus a spread adjustment plus an applicable margin (varying from 1.25% to 1.75%), provided that Term SOFR may not be less than zero. The U.S. base rate is based on the greater of (i) the U.S. prime rate, (ii) the federal funds rate, plus 0.5%, and (iii) Term SOFR plus a spread adjustment for a 30-day interest period, plus 1.0%, provided that the U.S. base rate may not be less than zero. Direct borrowings under the 2023 Credit Facility made by the Company’s Canadian subsidiaries bear interest at the Canadian prime rate plus an applicable margin (varying from 0.25% to 0.75%) or at the Term Canadian Overnight Repo Rate Average (“CORRA”) rate plus an applicable margin (varying from 1.25% to 1.75%), provided that the Term CORRA rate may not be less than zero. The Canadian rate is based on the greater of (i) the Canadian prime rate and (ii) the Term CORRA rate for a one-month interest period, plus 1.0%, provided that the Canadian prime rate may not be less than zero. The applicable margins are calculated quarterly and vary based on the average daily availability of the aggregate borrowing base. The Company is also obligated to pay certain commitment, letter of credit and other fees customary for a credit facility of this size and type. The 2023 Credit Facility contains various annual sustainability key performance targets, the achievement of which would result in an adjustment to the interest margin ranging from plus 5 basis points to minus 5 basis points per year and the commitment fee ranging from plus 1 basis point to minus 1 basis point per year. The 2023 Credit Facility requires the Company to comply with a fixed charge coverage ratio on a trailing four-quarter basis if a default or an event of default occurs under the 2023 Credit Facility or availability under the 2023 Credit Facility falls below the greater of 10% of the aggregate borrowing base or $12.5 million. In addition, the 2023 Credit Facility contains customary covenants, including covenants that limit or restrict the Company and certain of its subsidiaries’ ability to: incur liens, incur indebtedness, make investments, dispose of assets, make certain restricted payments, merge or consolidate and enter into certain transactions with affiliates. Upon the occurrence of an event of default under the 2023 Credit Facility, the lenders may cease making loans, terminate the 2023 Credit Facility and declare all amounts outstanding to be immediately due and payable. The 2023 Credit Facility specifies a number of events of default (some of which are subject to applicable grace or cure periods), including, among other things, non-payment defaults, covenant defaults, cross-defaults to other material indebtedness, bankruptcy and insolvency defaults, and material judgment defaults. The 2023 Credit Facility allows for both secured and unsecured borrowings outside of the 2023 Credit Facility up to specified amounts. Long-Term 2024 Credit Facility During fiscal 2023, Guess Europe Sagl, a wholly owned subsidiary of the Company, entered into a credit agreement for a €250 million revolving credit facility with an initial five-year term. During the second quarter of fiscal 2025, Guess Europe Sagl entered into agreements with certain lenders, which expanded the borrowing capacity under the credit agreement (as amended, the “2024 Credit Facility”) from €250 million to €350 million. In connection with the €100 million expansion in the size of the revolving line of credit, the 2024 Credit Facility provides for an increase in the applicable margin for outstanding borrowings and unused commitments under the revolving credit facility. Borrowings under the 2024 Credit Facility bear interest based on the daily balance outstanding at the Euro Interbank Offered Rate (EURIBOR) plus an applicable margin (varying from 1.10% to 1.45%), provided that EURIBOR may not be less than zero. The 2024 Credit Facility carries a commitment fee equal to the available but unused borrowing capacity multiplied by 35% of an applicable margin (varying from 1.10% to 1.45%). The Company is also required to pay a utilization fee on the total amount of the loans outstanding under the 2024 Credit Facility at rates varying from 0.10% to 0.20%, depending on the balance outstanding. The applicable margins are calculated quarterly and vary based on the leverage ratio of the guarantor and its subsidiaries as set forth in the 2024 Credit Facility. The 2024 Credit Facility contains various annual sustainability key performance targets, the achievement of which would result in an adjustment to the interest margin ranging from plus 5 basis points to minus 5 basis points per year. The 2024 Credit Facility includes a financial covenant requiring a maximum leverage ratio of the guarantor and its subsidiaries and also includes customary representations and warranties, affirmative and negative covenants and events of default. As of November 2, 2024, the Company had $232.9 million of outstanding borrowings and $146.3 million available for future borrowings under the 2024 Credit Facility. As of February 3, 2024, the Company had no outstanding borrowings and $269.7 million available for future borrowings under the revolving credit facility prior to its amendment in 2024. Other Credit Facilities The Company, through its Chinese subsidiary, maintains a short-term uncommitted bank borrowing agreement that provides for a borrowing capacity up to $30 million, primarily for working capital purposes. The Company had $26.7 million and $17.9 million in outstanding borrowings under this agreement as of November 2, 2024 and February 3, 2024, respectively. The Company, through its Japanese subsidiary, maintains a short-term uncommitted bank borrowing agreement that provides for a borrowing capacity up to ¥1.0 billion ( $6.5 million), primarily for working capital purposes. The Company had $2.9 million and $3.7 million in outstanding borrowings under this agreement as of November 2, 2024 and February 3, 2024, respectively.

Convertible Senior Notes and Re

Convertible Senior Notes and Related Transactions	9 Months Ended
	Nov. 02, 2024
Debt Disclosure [Abstract]
Convertible Senior Notes and Related Transactions	Convertible Senior Notes and Related Transactions Exchange and Subscription Agreements In April 2023, the Company issued $275 million principal amount of 3.75% convertible senior notes due 2028 (the “Initial 2028 Notes”) in a private placement pursuant to separate, privately negotiated exchange and subscription agreements with a limited number of holders of its 2024 Notes and certain other investors, in each case pursuant to exemptions from registration under the Securities Act of 1933, as amended. Pursuant to the exchange and subscription agreements, the Company exchanged approximately $184.9 million in aggregate principal amount of its 2024 Notes for $163.0 million in aggregate principal amount of Initial 2028 Notes and an aggregate of approximately $33.3 million in cash, representing accrued and unpaid interest and other consideration on the 2024 Notes, and issued $112.0 million aggregate principal amount of Initial 2028 Notes for cash at par. Immediately following the closing of the aforementioned April 2023 transactions, $115.1 million in aggregate principal amount of the 2024 Notes remained outstanding. In addition, the Company concurrently repurchased $42.8 million, including excise tax, of its common stock through broker-assisted market transactions, pursuant to the Company’s 2021 Share Repurchase Program. The Company evaluated all April 2023 exchanges and determined approximately 74% of the exchanged notes were accounted for as extinguishment of debt and approximately 26% were accounted for as modification of debt. As a result of these transactions entered into during April 2023, the Company recognized a $7.7 million loss on extinguishment of debt during the first quarter of fiscal 2024. In January 2024, the Company exchanged approximately $67.1 million of its 2024 Notes for approximately $64.8 million of additional 3.75% convertible senior notes due 2028 (the “January Additional 2028 Notes”) in privately negotiated exchange and subscription agreements with a limited number of holders of its 2024 Notes. The January Additional 2028 Notes have the same terms, constitute a single series with, and have the same CUSIP number as the Initial 2028 Notes. The January Additional 2028 Notes were initially recorded at fair value of approximately $71.9 million upon the exchange. Immediately following the closing of these January 2024 transactions, approximately $48.1 million of the 2024 Notes remained outstanding and classified within current liabilities. In addition, the Company concurrently repurchased $21.3 million, including excise tax, of its common stock through broker-assisted market transactions, pursuant to the Company’s 2021 Share Repurchase Program. The Company evaluated all January 2024 exchanges and determined that all of the exchanged notes were accounted for as extinguishment of debt. As a result of these transactions entered into during January 2024, the Company recognized a $4.7 million loss on extinguishment of debt during the fourth quarter of fiscal 2024. In March 2024, the Company exchanged approximately $14.6 million of its 2024 Notes for approximately $12.1 million of additional 3.75% convertible senior notes due 2028 (the “March Additional 2028 Notes”, together with the January Additional 2028 Notes, the “Additional 2028 Notes”; collectively with the “Initial 2028 Notes”, the “2028 Notes”) in a privately negotiated exchange and subscription agreement with a holder of its 2024 Notes. The March Additional 2028 Notes have the same terms, constitute a single series with, and have the same CUSIP number as the Initial 2028 Notes. The March Additional 2028 Notes were initially recorded at fair value of approximately $16.7 million upon the exchange. Immediately following the closing of this March 2024 transaction, approximately $33.5 million of the 2024 Notes remained outstanding, which were settled during April 2024. In addition, the Company concurrently repurchased $10.3 million of its common stock through broker-assisted market transactions, pursuant to the Company’s 2024 Share Repurchase Program. The Company evaluated the March 2024 exchange and determined that all of the exchanged notes were accounted for as extinguishment of debt. As a result of this transaction entered into during March 2024, the Company recognized a $2.0 million loss on extinguishment of debt during the first quarter of fiscal 2025. 3.75% Convertible Senior Notes due 2028 In connection with the issuance of the Initial 2028 Notes, the Company entered into an indenture (the “2028 Indenture”) with respect to the 2028 Notes with U.S. Bank Trust Company, N.A., as trustee (the “2028 Trustee”). The 2028 Notes are senior unsecured obligations of the Company and bear interest at an annual rate of 3.75% payable semi-annually in arrears on April 15 and October 15 of each year, beginning on October 15, 2023. The 2028 Notes will mature on April 15, 2028, unless earlier repurchased or converted in accordance with their terms. The 2028 Notes are convertible in certain circumstances into cash, shares of the Company’s common stock, or a combination of cash and shares of the Company’s common stock, at the Company’s election, at an initial conversion rate of 40.4858 shares of common stock per $1,000 principal amount of 2028 Notes, which is equivalent to an initial conversion price of approximately $24.70 per share, subject to adjustment upon the occurrence of certain events. In accordance with the terms of the 2028 Indenture, the Company has adjusted the conversion rate and the conversion price of the 2028 Notes for quarterly dividends exceeding $0.225 per share (the conversion price is approximately $22.22 per share as of November 2, 2024). Prior to November 15, 2027, the 2028 Notes are convertible only upon the occurrence of certain events and during certain periods, and thereafter, at any time until the close of business on the second scheduled trading day immediately preceding the maturity date of the 2028 Notes. The 2028 Notes are not redeemable prior to maturity, unless certain significant corporate events occur, and no sinking fund is provided for the 2028 Notes. As of November 2, 2024, none of the conditions allowing holders of the 2028 Notes to convert had been met. The Company expects to settle the principal amount of the 2028 Notes in fiscal 2029 in cash and any excess in shares. If the Company undergoes a “fundamental change,” as defined in the 2028 Indenture, subject to certain conditions, holders of the 2028 Notes may require the Company to purchase for cash all or any portion of their 2028 Notes. The fundamental change purchase price will be 100% of the principal amount of the 2028 Notes to be purchased plus any accrued and unpaid interest up to but excluding the fundamental change purchase date. The 2028 Indenture contains certain other customary terms and covenants, including that upon certain events of default occurring and continuing, either the 2028 Trustee or the holders of at least 25% in principal amount of the outstanding 2028 Notes may declare 100% of the principal of, and accrued and unpaid interest on, all the 2028 Notes to be due and payable. In connection with the exchange of the 2024 Notes in January 2024 and March 2024, the conversion feature embedded in the Additional 2028 Notes failed to satisfy the requirements for the derivative scope exception for contracts indexed to the Company’s own stock. The conversion feature of the Additional 2028 Notes required bifurcation from the host contract. The embedded derivative was measured at fair value of $7.8 million as of November 2, 2024. As of the transaction dates, a total debt discount of $11.8 million was recorded as the excess of the principal amount of the Additional 2028 Notes over the fair value of the host contract. During the first quarter of fiscal 2025, the Company incurred approximately $0.9 million of debt issuance costs related to the March Additional 2028 Notes including third-party offering costs. During fiscal 2024, the Company incurred $5.9 million and $2.0 million of debt issuance costs related to the Initial 2028 Notes and the January Additional 2028 Notes, respectively, including third-party offering costs. Debt issuance costs were recorded as a contra-liability (other than $0.5 million expensed related to the 2024 Notes that were subject to modification accounting) and are presented net against the 2028 Notes balance on the Company’s condensed consolidated balance sheets. These costs are being amortized to interest expense over the term of the 2028 Notes. 2.00% Convertible Senior Notes due 2024 In April 2019, the Company issued $300 million principal amount of the 2024 Notes in a private offering. In connection with the issuance of the 2024 Notes, the Company entered into an indenture (the “2024 Indenture”) with respect to the 2024 Notes with U.S. Bank N.A., as trustee. The 2024 Notes were senior unsecured obligations of the Company and bore interest at an annual rate of 2.00% payable semi-annually in arrears on April 15 and October 15 of each year. The Company incurred $5.3 million of debt issuance costs, which were comprised of $3.8 million of discounts and commissions payable to the initial purchasers and approximately $1.5 million of third-party offering costs. These costs were amortized to interest expense over the term of the 2024 Notes. The 2024 Notes were convertible as described below into cash, shares of the Company’s common stock, or a combination of cash and shares of the Company’s common stock, at the Company’s election, at an initial conversion rate of 38.7879 shares of common stock per $1,000 principal amount of 2024 Notes, which was equivalent to an initial conversion price of approximately $25.78 per share, subject to adjustment upon the occurrence of certain events. In accordance with the terms of the 2024 Indenture, the Company had adjusted the conversion rate and the conversion price of the 2024 Notes for quarterly dividends exceeding $0.1125 per share. Prior to November 15, 2023, the 2024 Notes were convertible only upon the occurrence of certain events and during certain periods. Beginning November 15, 2023, the 2024 Notes became convertible at any time until the close of business on the second scheduled trading day immediately preceding the maturity date of the 2024 Notes. The 2024 Notes were not redeemable prior to maturity, unless certain significant corporate events occurred, and no sinking fund was provided for the 2024 Notes. In April 2024, upon maturity of the 2024 Notes, the Company settled the remaining $33.5 million principal amount of the 2024 Notes for $33.3 million in cash and 122,313 shares of common stock. The Company also exercised the convertible note hedge in connection with the remaining 2024 Notes and received 90,729 shares of common stock, which were recorded at fair value on settlement. As of November 2, 2024, there were no 2024 Notes outstanding. The Notes consist of the following (in thousands): Nov 2, 2024 Feb 3, 2024 2024 Notes Principal $ — $ 48,078 Unamortized debt issuance costs — (30) Net carrying amount $ — $ 48,048 Fair value, net 1 $ — $ 49,182 Initial 2028 Notes Principal $ 275,000 $ 275,000 Unamortized debt discount and issuance costs 2,3 (6,726) (8,034) Net carrying amount $ 268,274 $ 266,966 Fair value, net 1 $ 272,289 $ 295,550 Additional 2028 Notes Principal $ 76,947 $ 64,826 Unamortized debt discount and issuance costs 3 (12,364) (11,465) Embedded derivative 4 7,760 16,390 Net carrying amount $ 72,343 $ 69,751 Fair value, net 1 $ 73,466 $ 60,099 Net carrying amount of Initial and Additional 2028 Notes $ 340,617 $ 336,717 ______________________________________________________________________ Notes: 1 The fair value of the Notes is determined based on inputs that are observable in the market and have been classified as Level 2 in the fair value hierarchy. 2 The unamortized debt discount related to the Initial 2028 Notes is due to the result of the modification accounting for a portion of the exchanged notes. This discount represents both an increase in the fair value of the embedded conversion feature, which is calculated as the difference between the fair value of the embedded conversion feature immediately before and after the exchange, and cash paid to modified noteholders. The change in conversion feature value reduces the carrying amount of the convertible debt instrument with a corresponding increase in additional paid-in capital. The additional cash paid to modified noteholders increased the debt discount. This debt discount is being amortized to interest expense over five years. 3 For each of the three and nine months ended November 2, 2024, the weighted average effective interest rate including amortization of debt discount and issuance costs was 4.5% and 9.3% for the Initial 2028 Notes and Additional 2028 Notes, respectively. For each of the three and nine months ended October 28, 2023, the weighted average effective interest rate including amortization of debt discount and issuance costs was 4.5% for the Initial 2028 Notes. 4 The fair value of the embedded derivative is measured using significant unobservable inputs and are classified as Level 3 in the fair value hierarchy. Interest expense for the Notes for the three and nine months ended November 2, 2024 and October 28, 2023 consists of the following (in thousands): Three Months Ended Nine Months Ended Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 2024 Notes Coupon interest $ — $ 325 $ 334 $ 2,247 Amortization of debt discount and issuance costs — 50 28 334 Total $ — $ 375 $ 362 $ 2,581 Initial 2028 Notes Coupon interest $ 2,578 $ 2,578 $ 7,734 $ 5,557 Amortization of debt discount and issuance costs 435 415 1,307 894 Total $ 3,013 $ 2,993 $ 9,041 $ 6,451 Additional 2028 Notes Coupon interest $ 721 $ — $ 2,088 $ — Amortization of debt discount and issuance costs 774 — 2,211 — Total $ 1,495 $ — $ 4,299 $ — Convertible Bond Hedge and Warrant Transactions In April 2023, in connection with the offering of the Initial 2028 Notes, the Company entered into convertible note hedge transactions whereby the Company had the option to purchase a total of approximately 11.1 million shares of its common stock at an initial strike price of approximately $24.70 per share (the “Initial 2028 Bond Hedge”). The total cost of the Initial 2028 Bond Hedge transactions was $51.8 million. In addition, the Company sold warrants whereby the holders of the warrants had the option to purchase a total of approximately 11.1 million shares of the Company’s common stock at an initial strike price of $41.80 per share (the “Initial 2028 Warrants”). The Company received $20.2 million in cash proceeds from the sale of these warrants. Both the number of shares underlying the Initial 2028 Bond Hedge and the Initial 2028 Warrants and the strike price of the instruments are subject to customary adjustments. In accordance with the original terms of the Initial 2028 Bond Hedge confirmations and the Initial 2028 Warrants confirmations, the Company has adjusted the strike prices with respect to the Initial 2028 Bond Hedge and the Initial 2028 Warrants for quarterly dividends exceeding $0.225 per share (approximately $22.22 per share and $37.61 per share, respectively, as of November 2, 2024). The purchase of the Initial 2028 Bond Hedge is intended to offset dilution from the conversion of the Initial 2028 Notes to the extent the market price per share of the Company’s common stock exceeds the then-applicable strike price of the Initial 2028 Bond Hedge. The warrant transaction may have a dilutive effect with respect to the Company’s common stock to the extent the market price per share of the Company’s common stock exceeds the then-applicable strike price of the warrants. In April 2023, the Initial 2028 Bond Hedge and the Initial 2028 Warrants were recorded in stockholders’ equity, were not accounted for as derivatives and were not remeasured each reporting period. Concurrently, in connection with the retirement of $184.9 million in principal amount of the 2024 Notes in April 2023, the Company entered into Partial Termination Agreements with certain financial institutions to unwind a portion of the convertible note hedge transactions and warrant transactions the Company had entered into in connection with the issuance of the 2024 Notes. The terminated portion is in a notional amount corresponding to the amount of exchanged 2024 Notes. As a result, the Company received $7.2 million, which reduced the number of purchase options to approximately 4.6 million shares of common stock at an adjusted strike price of approximately $24.92 per share. Additionally, the Company paid $1.0 million related to terminated warrants, which reduced the number of shares that may be purchased pursuant to the warrants to 4.6 million shares of common stock at an adjusted strike price of approximately $45.31 per share. This transaction resulted in a $6.2 million net increase in additional paid-in capital in the Company’s condensed consolidated balance sheet as of April 29, 2023. For the remaining portion of the convertible note hedge transactions and warrant transactions entered into in connection with the 2024 Notes, both the number of shares underlying the instruments and the strike price of the instruments were subject to customary adjustments pursuant to their original terms. In accordance with the original terms of the convertible note hedge confirmations and warrant confirmations, the Company had adjusted the strike prices with respect to the convertible note hedges and warrants for quarterly dividends exceeding $0.1125 per share. The remaining convertible note hedges and warrant transactions continued to serve to partially offset the potential dilution arising from the conversion of the 2024 Notes that remained outstanding. In connection with the exchange of the 2024 Notes in January 2024 and March 2024, the Company purchased incremental bond hedges (the “Additional 2028 Bond Hedge”, together with the Initial 2028 Bond Hedge, the “2028 Bond Hedge”) and sold incremental warrants (the “Additional 2028 Warrants”) with the same terms and conditions as the Initial 2028 Bond Hedge and the Initial 2028 Warrants, each with a notional amount equal to the notional amount of the Additional 2028 Notes. The Company paid premiums of $16.2 million and $6.5 million to purchase the Additional 2028 Bond Hedge in January 2024 and March 2024, respectively, and received $5.8 million and $3.7 million for the issuance of the Additional 2028 Warrants in January 2024 and March 2024, respectively. The Additional 2028 Bond Hedge purchased and the Additional 2028 Warrants issued have terms that are identical to the Initial 2028 Bond Hedge and the Initial 2028 Warrants, except the notional amounts match the number of shares issuable upon conversion of the Additional 2028 Notes. Similarly, in connection with the retirement of $67.1 million and $14.6 million in principal amount of the 2024 Notes in January 2024 and March 2024, respectively, the Company entered into Partial Termination Agreements with certain financial institutions to unwind a portion of the convertible note hedge transactions and warrant transactions the Company had entered into in connection with the issuance of the 2024 Notes. The terminated portion is in a notional amount corresponding to the amount of exchanged 2024 Notes. As a result, the Company received $1.9 million and $1.3 million for the unwind of the convertible bond hedge in January 2024 and March 2024, respectively, and paid $0.1 million and $0.5 million for the unwind of the warrants in January 2024 and March 2024, respectively. These transactions in January 2024 and March 2024 resulted in net increases of $1.8 million and $0.8 million, respectively, in paid-in capital in the Company’s consolidated balance sheet as of May 4, 2024. As a result of the unwind transactions, the convertible note hedge transactions and warrant transactions that remained outstanding had a notional amount of approximately 1.3 million shares of common stock, corresponding to the number of shares into which the remaining 2024 Notes were convertible. In addition, upon maturity of the 2024 Notes in April 2024, the Company exercised the convertible note hedge in connection with the remaining 2024 Notes and there was no outstanding convertible note hedge as of November 2, 2024. The warrant transactions remain outstanding and have a notional amount of approximately 0.3 million shares of common stock with a current strike price of $40.65 per share as of November 2, 2024. The Additional 2028 Warrants meet the scope exception for derivatives indexed to and settled in the Company’s own stock. Therefore, the Additional 2028 Warrants are recorded in stockholders’ equity, are not accounted for as derivatives and are not remeasured each reporting period. The Additional 2028 Bond Hedge does not qualify for the scope exception for derivatives indexed to the Company’s own stock because the settlement of the Additional 2028 Bond Hedge is indexed to the same inputs as the settlement of the Additional 2028 Notes which do not qualify for the scope exception. Additionally, in connection with the purchase of the Additional 2028 Bond Hedge, the Initial 2028 Bond Hedge was modified and merged with the Additional 2028 Bond Hedge. The result is that the Initial 2028 Bond Hedge no longer qualifies for the derivative scope exception for contracts indexed to the Company’s own stock. As a result, in January 2024, the Company recognized a derivative asset of $84.7 million for the 2028 Bond Hedge in other assets in the Company’s condensed consolidated balance sheet, of which $16.2 million relates to the Additional 2028 Bond Hedge purchased for cash and $68.5 million relates to the reclassification of the pre-existing Initial 2028 Bond Hedge, which resulted in an increase of $68.5 million in paid-in capital in the Company’s condensed consolidated balance sheet. The 2028 Bond Hedge is subsequently required to be remeasured to fair value each reporting period with changes in fair value recognized in net earnings (loss).

Share-Based Compensation

Share-Based Compensation	9 Months Ended
	Nov. 02, 2024
Share-Based Payment Arrangement [Abstract]
Share-Based Compensation	Share-Based Compensation The following summarizes the share-based compensation expense recognized under all of the Company’s stock plans (in thousands): Three Months Ended Nine Months Ended Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 Stock options $ — $ — $ — $ 713 Stock awards/units 4,821 4,840 13,728 14,108 Employee Stock Purchase Plan 28 37 127 131 Total share-based compensation expense $ 4,849 $ 4,877 $ 13,855 $ 14,952 As of November 2, 2024, there was no unrecognized compensation cost related to nonvested stock options and approximately $35.4 million of unrecognized compensation cost related to nonvested stock awards/units. This cost is expected to be recognized over a weighted average period of 1.7 years. At the 2024 annual meeting of stockholders held on May 31, 2024, the Company’s shareholders approved an amendment and restatement of the Guess?, Inc. 2004 Equity Incentive Plan, as amended (the “2004 Plan”). The amendment and restatement of the 2004 Plan increased the aggregate number of shares of the Company’s common stock available for award grants under the 2004 Plan by 3,890,000 shares (from 29,780,000 shares to 33,670,000 shares). Equity Award Grants On March 29, 2024, the Company granted 375,800 nonvested stock awards/units to its employees. On October 8, 2024, the Company granted 427,265 nonvested stock units to certain of its executive employees. These nonvested stock units are subject to certain performance-based or market-based vesting conditions. Performance-Based Awards The Company has granted certain nonvested stock units subject to performance-based vesting conditions to select executive officers. Each award of nonvested stock units generally has an initial vesting period from the date of the grant through either (i) the end of the first fiscal year or (ii) the first anniversary of the date of grant, followed by annual vesting periods which may range from two The following summarizes the activity for nonvested performance-based units during the nine months ended November 2, 2024: Number of Units Weighted Average Grant Date Fair Value Nonvested at February 3, 2024 376,916 $ 18.36 Granted 234,498 19.19 Vested (112,590) 18.14 Forfeited (1,983) 19.83 Nonvested at November 2, 2024 496,841 $ 18.79 Market-Based Awards The Company has granted certain nonvested stock units subject to market-based vesting conditions to select executive officers. These market-based awards include (i) units where the number of shares that may ultimately vest will equal 0% to 150% of the target number of shares, subject to the performance of the Company’s total stockholder return (“TSR”) relative to the TSR of a select group of peer companies over a three-year period and (ii) units scheduled to vest based on the attainment of certain absolute stock price levels over a four-year period. Vesting is also subject to continued service requirements through the vesting date. The following summarizes the activity for nonvested market-based units during the nine months ended November 2, 2024: Number of Units Weighted Average Grant Date Fair Value Nonvested at February 3, 2024 722,780 $ 19.55 Granted 1 235,917 20.35 Vested 1 (172,601) 17.77 Forfeited (2,509) 20.90 Nonvested at November 2, 2024 783,587 $ 20.18 ______________________________________________________________________ Notes: 1 As a result of the achievement of certain market-based vesting conditions, there were 43,150 shares that vested in addition to the original target number of shares granted in fiscal 2022.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Nov. 02, 2024
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions The Company and its subsidiaries periodically enter into transactions with certain entities (the “Marciano Entities”) that are owned by or for the respective benefit of, Paul Marciano, who is an executive and member of the Board of the Company, and Maurice Marciano, who is the brother of Paul Marciano and was a member of the Board until his retirement in September 2023. Leases The Company leases warehouse and administrative facilities from certain of the Marciano Entities. There were four of these leases in effect as of November 2, 2024 with expiration or option exercise dates ranging from calendar years 2025 to 2030, including two leases with respect to the Company’s North American corporate headquarters in Los Angeles, California (the “Los Angeles Location”), a lease for the Company’s Canadian warehouse and administrative facility in Montreal, Quebec (the “Montreal Location”) and a lease for the Company’s showroom and office space in Paris, France (the “Paris Location”). In August 2023, the Company (through a wholly-owned Canadian subsidiary) entered into a three-year lease extension through August 2026 with respect to the Montreal Location. All other material terms in the previously existing lease for the Montreal Location (including base rent of approximately CAD$0.6 million ($0.4 million) per year) remain the same. Aggregate lease costs recorded under the leases for the Los Angeles Location were $5.8 million and $5.6 million for the nine months ended November 2, 2024 and October 28, 2023, respectively. The Marciano Entities have a 100% ownership interest in the Los Angeles Location, with Mr. Maurice Marciano having a 56.3% ownership interest and Mr. Paul Marciano having a 43.7% ownership interest. Accordingly, Mr. Maurice Marciano’s interest in the lease amounts for the Los Angeles Location were $3.3 million and $3.2 million for the nine months ended November 2, 2024 and October 28, 2023, respectively. Mr. Paul Marciano’s interest in the lease amounts for the Los Angeles Location were $2.5 million and $2.4 million for the nine months ended November 2, 2024 and October 28, 2023, respectively. Aggregate lease costs recorded under the lease for the Montreal Location were $0.3 million for each of the nine months ended November 2, 2024 and October 28, 2023. The Marciano Entities have a 100% ownership interest in the Montreal Location, with each of Mr. Maurice Marciano and Mr. Paul Marciano having a 50% ownership interest. Accordingly, the interests in the lease amounts for the Montreal Location for each of Mr. Maurice Marciano and Mr. Paul Marciano were approximately $160,000 for each of the nine months ended November 2, 2024 and October 28, 2023. Aggregate lease costs recorded under the lease for the Paris Location were $1.0 million and $0.9 million for the nine months ended November 2, 2024 and October 28, 2023, respectively. The Marciano Entities have a 66.7% ownership interest in the Paris Location, with each of Mr. Maurice Marciano and Mr. Paul Marciano having a 33.3% ownership interest. Accordingly, the interests in the lease amounts for the Paris Location for each of Mr. Maurice Marciano and Mr. Paul Marciano were approximately $0.3 million for each of the nine months ended November 2, 2024 and October 28, 2023. The Company believes that, at the time it entered into the related party leases, the terms of such leases were no less favorable to the Company than would have been available from unaffiliated third parties. Refer to Note 3 for more information on lease commitments. Aircraft Arrangements The Company periodically charters aircraft owned by certain of the Marciano Entities through informal arrangements with such Marciano Entities and independent third-party management companies contracted by such Marciano Entities to manage their aircraft. The Marciano Entities have a 100% ownership interest in the aircraft, with each of Mr. Maurice Marciano and Mr. Paul Marciano having a 50% ownership interest. The total fees paid by the Company to the independent third-party management companies under these arrangements for the nine months ended November 2, 2024 and October 28, 2023 were approximately $2.3 million and $2.6 million, respectively. The approximate dollar value of the amount of each of Mr. Maurice Marciano’s and Mr. Paul Marciano’s interest in these transactions was approximately $1.0 million for each of the nine months ended November 2, 2024 and October 28, 2023, respectively. The Company believes that the terms of the charter arrangements are no less favorable to the Company than would have been available from unaffiliated third parties. Minority Investment The Company has a 30% ownership interest in a privately-held men’s footwear company (the “Footwear Company”). The Marciano Entities have a 45% ownership interest in the Footwear Company, with each of Mr. Maurice Marciano and Mr. Paul Marciano having a 22.5% ownership interest. Accordingly, each of Mr. Maurice Marciano and Mr. Paul Marciano has a 22.5% interest in each of the transactions between the Company and the Footwear Company described below. In fiscal 2021, the Company provided the Footwear Company with a $2.0 million revolving credit facility at an annual interest rate of 2.75% and a maturity date of November 2023. In October 2023, the Company and the Footwear Company amended the revolving credit facility to extend the term by three years to November 30, 2026 and to adjust the interest rate, effective December 1, 2023, to a floating rate equal to the one month term SOFR plus 1.75% per annum. As of November 2, 2024 and February 3, 2024, the Company had a note receivable of $1.1 million and $0.6 million, respectively, included in other assets in its condensed consolidated balance sheets related to outstanding borrowings by the Footwear Company under this revolving credit facility. In May 2022, the Company entered into a Fulfillment Services Agreement with the Footwear Company under which the Company provides certain fulfillment services for the Footwear Company’s U.S. wholesale and e-commerce businesses from the Company’s U.S. distribution center on a cost-plus 5% basis. The Footwear Company also pays rent to the Company for the use of a small office space in the Company’s U.S. headquarters. In June 2022, the Company (through a wholly-owned Swiss subsidiary) entered into a Distributorship Agreement with the Footwear Company under which the Company was designated as the exclusive distributor (excluding e-commerce) for the Footwear Company in the European Union and other specified countries. The Distributorship Agreement provided for (i) the Company to receive a 35% discount from the Footwear Company’s wholesale prices, (ii) no minimum sales requirements or advertising spending requirements for the Company, (iii) an initial 15 month term with annual renewals thereafter, and (iv) other standard terms and conditions for similar arrangements. In May 2023, the Distributorship Agreement was amended to (i) reflect a reduction in the amount of sales services to be performed by the Company, (ii) revise the wholesale discount to 22%, and (iii) provide an annual 2% advertising commitment by the Company. During the nine months ended November 2, 2024, there were less than $2,500 in fees received with respect to the U.S. fulfillment services, approximately $8,700 in fees received with respect to office rent and $314,000 in amounts paid related to the distributorship arrangements. During the nine months ended October 28, 2023, there were approximately $9,500 in fees received with respect to the U.S. fulfillment services, approximately $13,000 in fees received with respect to office rent and less than $26,000 in amounts paid related to the distributorship arrangements. Vendor Purchases The Company purchases faux fur products from a privately-held fashion accessories company (the “Fashion Company”). The Marciano Entities have a 16% ownership interest in the Fashion Company, with each of Mr. Maurice Marciano and Mr. Paul Marciano having an 8% ownership interest. In addition, Carlos Alberini, Chief Executive Officer of the Company, has a 4% ownership interest in the Fashion Company. The total payments made by the Company to the Fashion Company were approximately $2.8 million and $3.0 million for the nine months ended November 2, 2024 and October 28, 2023, respectively. Based on their respective ownership interests in the Fashion Company, the approximate dollar value of the amount of each individual’s interest in these transactions were approximately (i) for each of Mr. Maurice Marciano and Mr. Paul Marciano, $221,000 and $242,000 for the nine months ended November 2, 2024 and October 28, 2023, respectively, and (ii) for Mr. Alberini, $111,000 and $121,000 for the nine months ended November 2, 2024 and October 28, 2023, respectively. The Company believes that the price paid by the Company for the Fashion Company’s products and the terms of the transactions between the Company and the Fashion Company have not been affected by this passive investment of Messrs. Marciano and Mr. Alberini in the Fashion Company. Vendor Collaboration During April 2023, the Company entered into a co-branding collaboration arrangement in connection with a large-scale music festival with a privately-held alcoholic beverage company (the “Beverage Company”). The Marciano Entities have a 15% ownership interest in the Beverage Company, with each of Mr. Maurice Marciano and Mr. Paul Marciano having a 7.5% ownership interest. In addition, Nicolai Marciano, the Chief New Business Development Officer of the Company and son of Mr. Paul Marciano, has a 1.4% ownership interest in the Beverage Company. Accordingly, each of Mr. Maurice Marciano and Mr. Paul Marciano has a 7.5% interest and Mr. Nicolai Marciano has a 1.4% interest in the transaction between the Company and the Beverage Company described below. The co-branding arrangement provided for (i) the Beverage Company to pay a $100,000 fee, provide certain beverage products, facilitate the acquisition of additional third-party sponsors for the event and co-brand its social media posts with the Company and (ii) the Company to engage social-media influencers to attend the event and promote both companies through social-media posts, and provide promotional travel, lodging, hospitality and other ancillary expenses for select attendees at the co-branded event. Charitable Donations The Company has periodically made donations to Smile Project, a charitable organization of which director Elsa Michael is co-founder and president, consisting of monetary donations made through Guess Foundation (Italy) and product donations made by one of the Company’s European subsidiaries. Ms. Michael does not receive any compensation in connection with her work with Smile Project. The total amount of donations made by the Company to Smile Project during the nine months ended November 2, 2024 were approximately $124,000, consisting of product donations valued at $102,000 and monetary donations of $22,000. The total amount of donations made by the Company to Smile Project during the nine months ended

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Nov. 02, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Investment Commitments As of November 2, 2024, the Company had an unfunded commitment to invest €3.7 million ($4.0 million) in certain private equity funds. Refer to Note 16 for further information. Legal and Other Proceedings The Company is involved in legal proceedings, arising both in the ordinary course of business and otherwise, including the proceedings described below as well as various other claims and other matters incidental to the Company’s business. Unless otherwise stated, the resolution of any particular proceeding is not currently expected to have a material adverse impact on the Company’s financial position, results of operations or cash flows. Even if such an impact could be material, the Company may not be able to estimate the reasonably possible loss or range of loss until developments in the proceedings have provided sufficient information to support an assessment. The Company has received customs tax assessment notices from the Italian Customs Agency (“ICA”) regarding its customs tax audit of one of the Company’s European subsidiaries for the period from July 2010 through December 2012. Such assessments totaled €9.8 million ($10.6 million), including potential penalties and interest through such assessment dates. The Company strongly disagreed with the ICA’s positions and therefore filed appeals with the Milan First Degree Tax Court (“MFDTC”). Those appeals were split into a number of different cases that were then heard by different sections of the MFDTC. The MFDTC ruled in favor of the Company on all of these appeals. The ICA subsequently appealed €9.7 million ($10.5 million) of these favorable MFDTC judgments with the Appeals Court. As of November 2, 2024, €8.5 million ($9.2 million) have been decided in favor of the Company and €1.2 million ($1.3 million) have been decided in favor of the ICA. The Company believes that the unfavorable Appeals Court ruling is incorrect and inconsistent with the prior rulings on similar matters by both the MFDTC and other judges within the Appeals Court, and has appealed the decision to the Supreme Court. The ICA has appealed most of the favorable Appeals Court rulings to the Supreme Court. As of November 2, 2024, of the cases that have been appealed to the Supreme Court, €1.5 million ($1.6 million) have been decided in favor of the Company based on the merits of the case and €0.2 million ($0.2 million) have been remanded back to the lower court for further consideration. There can be no assurances the Company will be successful in the remaining appeals. It also continues to be possible that the Company will receive similar or even larger assessments for periods subsequent to December 2012 or other claims or charges (including additional interest amounts) related to the matter in the future. Although the Company believes that it has a strong position and will continue to vigorously defend this matter, it is unable to predict with certainty whether or not these efforts will ultimately be successful or whether the outcome will have a material impact on the Company’s financial position, results of operations or cash flows. On January 11, 2022, Legion Partners Holdings, LLC (“Legion”), a stockholder of Guess common stock, sent two letters to the Board of Directors of Guess (the “Board”). One letter sought books and records pursuant to Section 220 of the Delaware General Corporation Law (the “220 Demand”) to purportedly investigate potential breaches of fiduciary duties by the Board in connection with the Board’s renomination of Mr. Maurice Marciano to the Board and certain related party transactions. The second letter demanded that the Board take action to cause the Company to investigate and commence legal proceedings for breach of fiduciary duty claims the Company may have in connection with alleged misconduct of Mr. Paul Marciano, the Board’s oversight of and response to such alleged misconduct, and the Board’s review and approval of certain related-party transactions (the “Litigation Demand”). On January 31, 2022, the Company responded to both letters informing Legion that the Company was reviewing the formation of a committee in response to the Litigation Demand and detailing the deficiencies with the 220 Demand under Delaware law, including that Legion failed to state a proper purpose and that the scope of Legion’s requested books and records was overbroad. The Company subsequently formed a Demand Review Committee, which engaged in a review of the matters detailed in the Litigation Demand. On April 14, 2022, the Employees Retirement System of Rhode Island (“ERSRI”), a stockholder of Guess common stock, sent a letter to the Company seeking books and records pursuant to Section 220 of the Delaware General Corporation Law to purportedly investigate potential breaches of fiduciary duties by the Board in connection with alleged misconduct of Mr. Paul Marciano, the Board’s oversight of and response to such alleged misconduct, and the Board’s review and approval of certain related-party transactions. The Company responded to the letter on April 19, 2022, negotiated a Confidentiality Agreement, and completed its production of books and records to ERSRI. On September 19, 2022, ERSRI filed a stockholder derivative lawsuit styled Employees Retirement System of Rhode Island, derivatively on behalf of Guess?, Inc. v. Paul Marciano, et al., in the Court of Chancery of the State of Delaware against the Company, as the nominal defendant, Mr. Paul Marciano and other members of the Board, alleging breach of fiduciary duties relating to the continued service of Mr. Paul Marciano as a director of the Board and as the Company’s Chief Creative Officer following prior allegations of improper conduct by him relating to the treatment of models and other women. ERSRI did not make a demand on the Board before instituting the lawsuit and alleged such demand would have been futile. On October 28, 2022, ERSRI amended the complaint to include an additional basis for alleging demand futility. ERSRI sought monetary damages and possible injunctive relief. On September 29, 2023, the Company and all defendants in the ERSRI action entered into a Stipulation and Agreement of Compromise, Settlement, and Release (the “Stipulation”), which was approved by the Court on January 4, 2024 and resolved all claims asserted against all defendants in the ERSRI action without any admission or finding of wrongdoing attributed to them personally or to the Company. Under the terms of the Stipulation, the Company will implement certain governance and compliance enhancements. These enhancements include an agreement by the Company to appoint two new independent directors to the Board, including one to be selected by ERSRI and mutually agreed to by the Company, by no later than the Company’s 2025 Annual Meeting of Shareholders. The governance enhancements also include the establishment of a Diversity, Equity, and Inclusion Council (the “DEI Council”), which will be comprised of the aforementioned new independent director to be selected by ERSRI and two consultants, including one consultant to be selected by ERSRI. Once formed, the DEI Council will report directly to the Board and be responsible for overseeing the development and implementation of the Company’s policies and procedures related to harassment, discrimination and retaliation, including, in certain circumstances, having the authority to conduct investigations and to recommend disciplinary action, up to and including termination, of senior executives or Board members found to have engaged in misconduct. The DEI Council will also be responsible for overseeing a commitment to be added to the Company’s Governance Guidelines regarding the Company’s measures to prevent and respond to sexual harassment and discrimination. The Stipulation also includes certain agreements by Mr. Paul Marciano relating to meetings or activities with current or prospective Company models. In addition to the governance enhancements, pursuant to the Stipulation, (a) the defendants in the ERSRI action caused the Company to receive (i) a payment of $22 million upon Court approval of the settlement pursuant to the terms of the Stipulation, and (ii) the right to receive an additional payment of $8 million contingent on the recovery from the insurers currently being sought by the Company and the insureds in pending litigation against the insurers, and (b) the Company was responsible to pay an attorney’s fee award to ERSRI’s counsel. The $22 million received by the Company and the related attorney’s fee award under the terms of the Stipulation was accounted for by the Company when approved by the Court. On February 16, 2023, Legion filed a stockholder derivative lawsuit styled Legion Partners Holdings, LLC, derivatively on behalf of Guess?, Inc. v. Paul Marciano, et al. in the Court of Chancery of the State of Delaware against the Company, as the nominal defendant, Mr. Paul Marciano and other members of the Board, alleging breach of fiduciary duties relating to the continued service of Mr. Paul Marciano to the Company following the prior allegations described in the ERSRI stockholder derivative lawsuit. Legion sought monetary damages and possible injunctive relief. On March 15, 2023, the Company moved for a more definite statement and moved to dismiss or stay the action. On May 9, 2023, Legion voluntarily dismissed the claims against Mr. Paul Marciano without prejudice. On April 3, 2024, based on the settlement of the derivative suit with ERSRI, as described above, the Court dismissed the Legion action with prejudice. On June 3, 2023, the Company received a letter from an individual seeking to settle certain claims against Mr. Paul Marciano and the Company relating to allegations of improper treatment of the individual by Mr. Paul Marciano in 2016. The letter did not make an assertion of damages. The individual was initially represented by the same attorney who represented plaintiffs in similar actions in 2021 and 2022, which were settled out of court in 2022 to avoid the cost of litigation and without admitting liability or fault. The individual subsequently retained a different attorney. No complaint has been filed with respect to the allegations in the June 2023 letter, and Mr. Paul Marciano and the Company dispute the allegations and intend to vigorously defend themselves with regard to this matter. On July 30, 2024, the Company received a letter from an individual seeking to settle certain claims against Mr. Paul Marciano, Mr. Maurice Marciano, certain current and former members of the Board, the Company’s former Chief Executive Officer and the Company. The letter provided notice of several potential claims based on allegations that the individual was treated improperly by Mr. Paul Marciano while discussing a prospective modeling opportunity between 2015 and 2016. No complaint has been filed with respect to the allegations in the July 2024 letter. The Company and Mr. Paul Marciano dispute the allegations and intend to vigorously defend this matter. Redeemable Noncontrolling Interests The Company is party to a put arrangement with respect to the common securities that represent the remaining noncontrolling interest for its majority-owned subsidiary, Guess Brasil Comércio e Distribuição S.A. (“Guess Brazil”). The put arrangement for Guess Brazil, representing 40% of the total outstanding equity interest of that subsidiary, may be exercised at the discretion of the noncontrolling interest holder by providing written notice to the Company every third anniversary beginning in March 2019, subject to certain time restrictions. The redemption value of the Guess Brazil put arrangement is based on a multiple of Guess Brazil’s earnings before interest, taxes, depreciation and amortization subject to certain adjustments and is classified as a redeemable noncontrolling interest outside of permanent equity in the Company’s condensed consolidated balance sheet. As of November 2, 2024 and February 3, 2024, the carrying value of the redeemable noncontrolling interest related to Guess Brazil was $0.4 million and $0.5 million, respectively. The Company (through a wholly-owned European subsidiary) was previously party to a put arrangement with respect to the securities that represented the remaining noncontrolling interest for its majority-owned Russian subsidiary, Guess? CIS, LLC (“Guess CIS”), which was established through a majority-owned joint venture during fiscal 2016. The put arrangement for Guess CIS (the “Put Option”), representing 30% of the total outstanding equity interest of that subsidiary, was exercisable at the sole discretion of the noncontrolling interest holder (the “Minority Holder”) by providing written notice to the Company through December 31, 2025. The redemption value of the Put Option was based on a multiple of Guess CIS’s earnings before interest, taxes, depreciation and amortization subject to certain adjustments and was classified as a redeemable noncontrolling interest outside of permanent equity in the Company’s condensed consolidated balance sheet. The carrying value of the redeemable noncontrolling interest related to Guess CIS was €8.0 million as of January 28, 2023. In November 2022, the Minority Holder exercised the Put Option, triggering a contractual obligation for the Company to purchase the Minority Holder’s 30% interest in Guess CIS. Following a comprehensive review of the various economic sanctions imposed by the United States and European governments with respect to Russia, and obtaining guidance from the U.S. Department of the Treasury’s Office of Foreign Assets Control, the Company determined that its acquisition of the Minority Holder’s 30% interest in Guess CIS pursuant to the Company’s pre-sanctions contractual obligation to fulfill the Minority Holder’s exercise of the Put Option was not prohibited by current economic sanctions, including the U.S. ban on new investment in Russia. As such, following the exercise of the Put Option by the Minority Holder, the Company and the Minority Holder entered into an agreement to proceed with the Company’s acquisition of the Minority Holder’s 30% interest in Guess CIS for a purchase price of €8.0 million, subject to the formal approval of the acquisition by the relevant Russian government commission and certain other customary conditions. This formal approval was received, and the purchase was completed in May 2023. As a result of this transaction, there was no redeemable noncontrolling interest related to Guess CIS as of November 2, 2024 and February 3, 2024. A reconciliation of the total carrying amount of redeemable noncontrolling interests is (in thousands): Nine Months Ended Nov 2, 2024 Oct 28, 2023 Beginning balance $ 522 $ 9,154 Foreign currency translation adjustment (158) (60) Purchase of redeemable noncontrolling interest — (8,581) Ending balance $ 364 $ 513

Defined Benefit Plans

Defined Benefit Plans	9 Months Ended
	Nov. 02, 2024
Retirement Benefits [Abstract]
Defined Benefit Plans	Defined Benefit Plans Supplemental Executive Retirement Plan The Company’s Supplemental Executive Retirement Plan (“SERP”) provides select employees who satisfy certain eligibility requirements with certain benefits upon retirement, termination of employment, death, disability or a change in control of the Company, in certain prescribed circumstances. As a non-qualified pension plan, no dedicated funding of the SERP is required; however, the Company has made periodic payments into insurance policies held in a rabbi trust to fund the expected obligations arising under the non-qualified SERP. The cash surrender values of the insurance policies were $63.8 million and $63.4 million as of November 2, 2024 and February 3, 2024, respectively, and were included in other assets in the Company’s condensed consolidated balance sheets. As a result of changes in the value of the insurance policy investments, the Company recorded an unrealized loss of $0.3 million and an unrealized gain of $1.9 million in other income (expense) during the three and nine months ended November 2, 2024, respectively, and unrealized losses of $4.2 million and $4.1 million in other income (expense) during the three and nine months ended October 28, 2023, respectively. The projected benefit obligation was $37.6 million and $37.7 million as of November 2, 2024 and February 3, 2024, respectively, and was included in accrued expenses and other current liabilities and other long-term liabilities in the Company’s condensed consolidated balance sheets depending on the expected timing of payments. SERP benefit payments of $0.5 million were made during each of the three months ended November 2, 2024 and October 28, 2023. SERP benefit payments of $1.4 million were made during each of the nine months ended November 2, 2024 and October 28, 2023. Foreign Pension Plans In certain foreign jurisdictions, primarily in Switzerland, the Company is required to guarantee the returns on Company-sponsored defined contribution plans in accordance with local regulations. The Company’s contributions must be made in an amount at least equal to the employee’s contribution. Minimum employee contributions are based on the respective employee’s age, salary and gender. As of November 2, 2024 and February 3, 2024, the foreign pension plans had a total projected benefit obligation of $59.9 million and $56.3 million, respectively, and plan assets held in independent investment fiduciaries of $52.5 million and $49.4 million, respectively. The net liability of $7.4 million and $6.8 million was included in other long-term liabilities in the Company’s condensed consolidated balance sheets as of November 2, 2024 and February 3, 2024, respectively. The components of net periodic defined benefit pension cost related to the Company’s defined benefit plans are (in thousands): SERP Foreign Pension Plans Total Three Months Ended Nov 2, 2024 Service cost $ — $ 1,100 $ 1,100 Interest cost 441 250 691 Expected return on plan assets — (223) (223) Net amortization of unrecognized prior service credit — (42) (42) Net amortization of actuarial (gains) losses (43) 41 (2) Net periodic defined benefit pension cost $ 398 $ 1,126 $ 1,524 Nine Months Ended Nov 2, 2024 Service cost $ — $ 3,212 $ 3,212 Interest cost 1,324 731 2,055 Expected return on plan assets — (652) (652) Net amortization of unrecognized prior service credit — (122) (122) Net amortization of actuarial (gains) losses (130) 121 (9) Net periodic defined benefit pension cost $ 1,194 $ 3,290 $ 4,484 Three Months Ended Oct 28, 2023 Service cost $ — $ 932 $ 932 Interest cost 465 228 693 Expected return on plan assets — (202) (202) Net amortization of unrecognized prior service credit — (40) (40) Net amortization of actuarial losses — 64 64 Net periodic defined benefit pension cost $ 465 $ 982 $ 1,447 Nine Months Ended Oct 28, 2023 Service cost $ — $ 2,780 $ 2,780 Interest cost 1,396 681 2,077 Expected return on plan assets — (603) (603) Net amortization of unrecognized prior service credit — (119) (119) Net amortization of actuarial losses — 191 191 Net periodic defined benefit pension cost $ 1,396 $ 2,930 $ 4,326

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Nov. 02, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Authoritative guidance defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The guidance establishes a fair value hierarchy, which prioritizes the inputs used in measuring fair value into three broad levels as follows: Level 1—Inputs are unadjusted quoted prices in active markets for identical assets or liabilities that can be accessed at the measurement date. Level 2—Inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (i.e. interest rates, yield curves, etc.) and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs). Level 3—Unobservable inputs that reflect assumptions about what market participants would use in pricing the asset or liability. These inputs are based on the best information available, including the Company’s own data. The following presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis (in thousands): Fair Value Measurements Fair Value Measurements at Nov 2, 2024 at Feb 3, 2024 Recurring Fair Value Measures Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Assets: Foreign exchange currency contracts $ — $ 2,796 $ — $ 2,796 $ — $ 2,278 $ — $ 2,278 2028 Bond Hedge — — 35,493 35,493 — — 85,918 85,918 Interest rate swap — — — — — 797 — 797 Total $ — $ 2,796 $ 35,493 $ 38,289 $ — $ 3,075 $ 85,918 $ 88,993 Liabilities: Foreign exchange currency contracts $ — $ 169 $ — $ 169 $ — $ 1,702 $ — $ 1,702 Embedded derivative — — 7,760 7,760 — — 16,390 16,390 Deferred compensation obligations — 19,696 — 19,696 — 17,164 — 17,164 Total $ — $ 19,865 $ 7,760 $ 27,625 $ — $ 18,866 $ 16,390 $ 35,256 Foreign exchange currency contracts may be entered into by the Company to hedge the future payment of inventory and intercompany transactions by non-U.S. subsidiaries. Periodically, the Company may also use foreign exchange currency contracts to hedge the translation and economic exposures related to its net investments in certain of its international subsidiaries. The fair values of the Company’s foreign exchange currency contracts are based on quoted foreign exchange forward rates at the reporting date. The fair values of the Company’s interest rate swaps are based upon inputs corroborated by observable market data. Deferred compensation obligations to employees are adjusted based on changes in the fair value of the underlying employee-directed investments. Fair value of these obligations is based upon inputs corroborated by observable market data. The fair values of the embedded derivative and the 2028 Bond Hedge related to the Additional 2028 Notes were initially measured based on the observed transactions. Subsequent fair values are measured using a binomial lattice model utilizing observable inputs (e.g. the Company’s stock price) and unobservable inputs (e.g. the expected volatility and instrument specific credit spread) that cause the valuation measurements to be classified as Level 3. The following assumptions were used within the model: Valuation Assumptions Nov 2, 2024 Feb 3, 2024 Expected volatility 30 % 30 % Risk-free interest rate 4.2 % 4.1 % Credit spread 2.6 % 4.3 % Dividend yield 7.1 % 5.2 % Term to maturity 3.5 years 4.2 years Stock price $ 16.97 $ 22.86 As of November 2, 2024, if the expected volatility were increased to 40%, keeping all other inputs constant, the fair value of the embedded derivative would increase from $7.8 million to $11.7 million and the fair value of the 2028 Bond Hedge would increase from $35.5 million to $53.6 million. If the expected volatility were decreased to 20%, the fair value of the embedded derivative would decrease from $7.8 million to $3.9 million and the fair value of the 2028 Bond Hedge would decrease from $35.5 million to $17.8 million. If the credit spread increased from 2.6% to 3.6%, keeping all other inputs constant, the fair value of the embedded derivative would increase from $7.8 million to $8.2 million and the fair value of the 2028 Bond Hedge would increase from $35.5 million to $37.3 million. If the credit spread decreased from 2.6% to 1.6%, the fair value of the embedded derivative would decrease from $7.8 million to $7.4 million and the fair value of the 2028 Bond Hedge would decrease from $35.5 million to $33.8 million. The following presents a reconciliation of the Company’s financial assets and liabilities measured at fair value as of November 2, 2024, using significant unobservable inputs (Level 3), and the change in fair value recorded in other income (expense), net in the consolidated statements of income (loss) (in thousands): Embedded Derivative 2028 Bond Hedge Balance as of February 3, 2024 $ (16,390) $ 85,918 Initial bifurcation of embedded derivative (6,538) — Purchase of Additional 2028 Bond Hedge — 6,538 Gain (loss) on fair value remeasurement 15,168 (56,963) Balance as of November 2, 2024 $ (7,760) $ 35,493 The Company included €8.0 million ($8.6 million) and €7.1 million ($7.7 million) in other assets in the Company’s condensed consolidated balance sheets related to its investment in certain private equity funds The fair values of the Company’s debt instruments (see Note 10) are based on the amount of future cash flows associated with each instrument discounted using the Company’s incremental borrowing rate. As of November 2, 2024 and February 3, 2024, the carrying value was not materially different from fair value, as the interest rates on the Company’s debt approximated rates currently available to the Company. The fair value of the Company’s Notes (see Note 11) is determined based on inputs that are observable in the market and have been classified as Level 2 in the fair value hierarchy. The carrying amount of the Company’s remaining financial instruments, which principally include cash and cash equivalents, trade receivables, accounts payable and accrued expenses, approximates fair value due to the relatively short maturity of such instruments. Long-Lived Assets Long-lived assets, such as property and equipment and operating lease ROU assets, are reviewed for impairment quarterly or whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The majority of the Company’s long-lived assets relate to its retail operations, which consist primarily of regular retail and flagship locations. The Company considers each individual regular retail location as an asset group for impairment testing, which is the lowest level at which individual cash flows can be identified. The Company also evaluates impairment risk for retail locations that are expected to be closed in the foreseeable future. The Company has flagship locations that are used as a regional marketing tool to build brand awareness and promote the Company’s current product. Provided the flagship locations continue to meet the appropriate criteria, impairment for these locations is tested at a reporting unit level similar to goodwill since they do not have separately identifiable cash flows. An asset is considered to be impaired if the Company determines that the carrying value may not be recoverable based upon its assessment of the asset’s ability to continue to generate earnings from operations and positive cash flow in future periods or if significant changes in the Company’s strategic business objectives and utilization of the assets occur. If the carrying amount of an asset exceeds its estimated undiscounted future cash flows adjusted for lease payments, an impairment charge is recognized in the amount by which the carrying amount of the asset exceeds the estimated fair value. The Company uses estimates of market participant rents to calculate fair value of ROU assets and discounted future cash flows of the asset group to quantify fair value for other long-lived assets. These nonrecurring fair value measurements are considered Level 3 inputs as defined above. The impairment loss calculations require management to apply judgment in estimating future cash flows and the discount rates that reflect the risk inherent in future cash flows. Future expected cash flows for assets in regular retail locations are based on management’s estimates of future cash flows over the remaining lease period or expected life, if shorter. For expected location closures, the Company will evaluate whether it is necessary to shorten the useful life for any of the assets within the respective asset group. The Company will use this revised useful life when estimating the asset group’s future cash flows. The Company considers historical trends, expected future business trends and other factors when estimating the future cash flow for each regular retail location. The Company also considers factors such as the following: the Russia-Ukraine war, including the related sanctions and trade restrictions imposed on Russia; the local environment for each regular retail location, including mall traffic and competition; the Company’s ability to successfully implement strategic initiatives; and the ability to control variable costs such as cost of sales and payroll and, in some cases, renegotiate lease costs. As discussed further in Note 1, macroeconomic conditions, including declines in consumer spending, inflation, higher interest rates, foreign exchange rate fluctuations and the impact of the ongoing wars in Ukraine and Gaza continued to negatively impact the Company’s financial results during the three and nine months ended November 2, 2024 and October 28, 2023, and could continue to impact the Company’s operations in ways the Company is not able to predict today. The Company has made reasonable assumptions and judgments to determine the fair value of the assets tested based on the facts and circumstances that were available as of the reporting date. If actual results are not consistent with the assumptions and judgments used in estimating future cash flows and asset fair values, there may be additional exposure to future impairment losses that could be material to the Company’s results of operations. The Company recorded asset impairment charges of $1.1 million and $4.5 million during the three and nine months ended November 2, 2024, respectively. The Company recorded asset impairment charges of $1.7 million and $6.3 million during the three and nine months ended October 28, 2023, respectively. The Company recognized $0.8 million and $3.7 million in impairment of property and equipment during the three and nine months ended November 2, 2024, respectively, related to certain retail locations primarily in the Americas and Europe driven by under-performance and expected store closures. The Company recognized $1.6 million and $6.0 million in impairment of property and equipment related to certain retail locations primarily in the Americas and Europe during the three and nine months ended October 28, 2023, respectively. The Company recognized $0.3 million and $0.8 million impairment charges on ROU assets during the three and nine months ended November 2, 2024, respectively, and immaterial impairment charges on ROU assets during each of the three and nine months ended October 28, 2023. Goodwill Goodwill is tested annually for impairment or more frequently if events and circumstances indicate that the asset might be impaired. An impairment loss is recognized to the extent that the carrying amount exceeds the asset’s fair value. This determination is made at the reporting unit level which may be either an operating segment or one level below an operating segment if discrete financial information is available. Two or more reporting units within an operating segment may be aggregated for impairment testing if they have similar economic characteristics. During the three months ended November 2, 2024, the Company assessed qualitative factors and determined that it is not more likely than not that the fair values of its reporting units are less than their carrying amounts.

Derivative Financial Instrument

Derivative Financial Instruments	9 Months Ended
	Nov. 02, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments Hedging Strategy Foreign Exchange Currency Contracts The Company operates in foreign countries, which exposes it to market risk associated with foreign currency exchange rate fluctuations. The Company’s primary objective is to hedge the variability in forecasted cash flows due to the foreign currency risk. The Company enters into certain forward exchange currency contracts to hedge the risk of a portion of these anticipated foreign currency transactions against foreign currency rate fluctuations. The Company may also hedge the translation and economic exposures related to its net investments in certain of its international subsidiaries. Interest Rate Swap Agreements The Company is exposed to interest rate risk on its floating-rate debt. From time to time, the Company may enter into interest rate swap agreements to effectively convert its floating-rate debt to a fixed-rate basis. The principal objective is to eliminate or reduce the variability of the cash flows in interest payments associated with the Company’s floating-rate debt, thus reducing the impact of interest rate changes on future interest payment cash flows. In connection with the sale of the U.S. distribution center, the Company settled its interest rate swap agreement, recognizing a gain of $0.8 million. As of November 2, 2024, there was no related net unrealized loss, net of tax, in AOCL. Summary of Derivative Instruments The fair value of derivative instruments in the condensed consolidated balance sheets is (in thousands): Fair Value at Nov 2, 2024 Fair Value at Feb 3, 2024 Derivative Balance Sheet Location ASSETS: Derivatives designated as hedging instruments: Cash flow hedges: Foreign exchange currency contracts $ 2,063 $ 1,590 Other current assets/Other assets Interest rate swap — 797 Other assets Total derivatives designated as hedging instruments 2,063 2,387 Derivatives not designated as hedging instruments: Foreign exchange currency contracts 733 688 Other current assets 2028 Bond Hedge 35,493 85,918 Other assets Total derivatives not designated as hedging instruments 36,226 86,606 Total $ 38,289 $ 88,993 LIABILITIES: Derivatives designated as hedging instruments: Cash flow hedges: Foreign exchange currency contracts $ 84 $ 763 Accrued expenses and other current liabilities Total derivatives designated as hedging instruments 84 763 Derivatives not designated as hedging instruments: Foreign exchange currency contracts 85 939 Accrued expenses and other current liabilities Embedded derivative 7,760 16,390 Convertible senior notes due 2028, net Total derivatives not designated as hedging instruments 7,845 17,329 Total $ 7,929 $ 18,092 Derivatives Designated as Hedging Instruments Foreign Exchange Currency Contracts Designated as Cash Flow Hedges During the nine months ended November 2, 2024, the Company purchased U.S. dollar forward contracts in Europe totaling $245.0 million that were designated as cash flow hedges. As of November 2, 2024, the Company had forward contracts outstanding for its European operations of $156.0 million to hedge forecasted merchandise purchases, which are expected to mature over the next 14 months. As of November 2, 2024, AOCL related to foreign exchange currency contracts included a $1.8 million net unrealized gain, net of tax, of which $1.6 million will be recognized in cost of product sales over the following 12 months, at the then current values on a pre-tax basis, which can be different than the current quarter-end values. As of February 3, 2024, the Company had forward contracts outstanding for its European operations of $104.0 million that were designated as cash flow hedges. The following summarizes the gains (losses) before income taxes recognized on derivative instruments designated as cash flow hedges in other comprehensive income (loss) (“OCL”) and net earnings (loss) (in thousands): Gain (Loss) Recognized in OCL Location of Gain (Loss) Reclassified from AOCL into Earnings (Loss) Gain (Loss) Reclassified from AOCL into Earnings (Loss) Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 Three Months Ended Derivatives designated as cash flow hedges: Foreign exchange currency contracts $ 1,898 $ 6,443 Cost of product sales $ 418 $ (130) Interest rate swap $ — $ 176 Interest expense $ — $ 158 Nine Months Ended Derivatives designated as cash flow hedges: Foreign exchange currency contracts $ 1,647 $ 7,838 Cost of product sales $ (1,683) $ 6,074 Interest rate swap $ (604) $ 529 Interest expense $ 212 $ 434 The following summarizes net after income tax derivative activity recorded in AOCL (in thousands): Three Months Ended Nine Months Ended Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 Beginning balance gain (loss) $ 476 $ (5,805) $ (544) $ (1,584) Net gain from changes in cash flow hedges 1,688 5,870 1,001 7,383 Net (gain) loss reclassified into earnings (loss) (372) (6) 1,335 (5,740) Ending balance gain $ 1,792 $ 59 $ 1,792 $ 59 Foreign Exchange Currency Contracts Not Designated as Hedging Instruments As of November 2, 2024, the Company had euro foreign exchange currency contracts to purchase $78.0 million expected to mature over the next 10 months. As of February 3, 2024, the Company had euro foreign exchange currency contracts to purchase $52.0 million. The following summarizes the gains (losses) before income taxes recognized on derivative instruments not designated as hedging instruments in other income (expense) (in thousands): Location of Gains (Losses) Recognized in Earnings (Loss) Gains (Losses) Recognized in Earnings (Loss) Three Months Ended Nine Months Ended Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 Foreign exchange currency contracts Other expense, net $ 468 $ 3,870 $ 50 $ 3,410 2028 Bond Hedge Other expense, net $ (50,953) $ — $ (56,963) $ — Embedded derivatives Other expense, net $ 11,140 $ — $ 15,168 $ —

Subsequent Events

Subsequent Events	9 Months Ended
	Nov. 02, 2024
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Dividends On November 26, 2024, the Company announced a regular quarterly cash dividend of $0.30 per share on the Company’s common stock. The cash dividend will be paid on December 27, 2024 to shareholders of record as of the close of business on December 11, 2024. As a result of this dividend declaration and in accordance with the terms of the 2028 Indenture, the Company will adjust the conversion rate (which is expected to increase) and the conversion price (which is expected to decrease) of the 2028 Notes, effective as of December 11, 2024. A downward adjustment is also expected to be made to the strike prices of the 2028 Bond Hedge and 2028 Warrants, each of which will be decreased in accordance with the terms of the 2028 Bond Hedge confirmations and 2028 Warrants confirmations.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023	Nov. 02, 2024	Oct. 28, 2023
Pay vs Performance Disclosure
Net earnings (loss) attributable to Guess?, Inc.	$ (23,395)	$ 55,701	$ (20,976)	$ 82,929

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Nov. 02, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Basis of Presentation (Policies

Basis of Presentation (Policies)	9 Months Ended
	Nov. 02, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Reclassifications	Reclassifications The Company has made certain reclassifications to prior period amounts to conform to the current period presentation within the accompanying condensed consolidated financial statements and notes to the condensed consolidated financial statements.
Interim Financial Statements	Interim Financial Statements
Fiscal Periods	Fiscal Periods
Cash, Cash Equivalents and Restricted Cash	Cash, Cash Equivalents and Restricted Cash Cash and cash equivalents consist of cash on hand and marketable securities with original maturities of three months or less. The Company’s restricted cash is held for future payment of a special cash dividend declared in March 2024 as nonvested restricted stock awards vest.
Use of Estimates	Use of Estimates The preparation of the financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect the amounts reported in the financial statements and disclosed in the accompanying notes. Significant areas requiring the use of management estimates relate to the allowances for doubtful accounts, sales return and markdown allowances, valuation of inventories, share-based compensation, income taxes, recoverability of deferred income taxes, unrecognized income tax benefits, the useful life of assets for depreciation and amortization, evaluation of asset impairment (including goodwill and long-lived assets, such as property and equipment and operating lease right-of-use (“ROU”) assets), pension obligations, workers’ compensation and medical self-insurance expense and accruals, litigation reserves, restructuring expense and accruals, convertible senior notes and accounting for business combinations. These estimates and assumptions may change as a result of the impact of global economic conditions, such as the uncertainty regarding the impact of the ongoing wars in Ukraine and Gaza, global inflationary pressures, volatility in foreign exchange rates and declining consumer spending. Actual results could differ from those estimates. Revisions in estimates could materially impact the results of operations and financial position. The Company’s operations could be impacted in ways the Company is not able to predict today. While the Company believes it has made reasonable accounting estimates based on the facts and circumstances that were available as of the reporting date, to the extent there are differences between these estimates and actual results, the Company’s results of operations and financial position could be materially impacted.
Revenue Recognition	Revenue Recognition The Company recognizes the majority of its revenue from its direct-to-consumer (brick-and-mortar retail stores and concessions as well as e-commerce) and wholesale distribution channels at a point in time when it satisfies a performance obligation and transfers control of the product to the respective customer. three
Allowance for Doubtful Accounts	Allowance for Doubtful Accounts In the normal course of business, the Company grants credit directly to certain wholesale customers after a credit analysis is performed based on financial and other criteria. Accounts receivable are recorded net of an allowance for doubtful accounts. The Company maintains allowances for doubtful accounts for estimated losses that may result from the inability of its wholesale customers and licensing partners to make their required payments. The Company bases its allowances on analysis of the aging of accounts receivable at the date of the financial statements, assessments of historical and current collection trends, evaluation of the impact of current and future forecasted economic conditions and whether the Company has obtained credit insurance or other guarantees. Management performs regular evaluations concerning the ability of its customers to make required payments and records a provision for doubtful accounts based on these evaluations. As of November 2, 2024, approximately 42% of the Company’s total net trade accounts receivable and 63% of its European net trade receivables were subject to credit insurance coverage, certain bank guarantees or letters of credit for collection purposes. The Company’s credit insurance coverage contains certain terms and conditions specifying deductibles and annual claim limits. Management evaluates the creditworthiness of the counterparties to the credit insurance, bank guarantees and letters of credit and records a provision for the risk of loss on these instruments based on these evaluations as considered necessary.
Advertising and Marketing Costs	Advertising and Marketing Costs
Recently Adopted and Recently Issued Accounting Guidance	Recently Adopted Accounting Guidance Common Control Arrangements In March 2023, the Financial Accounting Standards Board (“FASB”) issued authoritative guidance to amend certain provisions of Accounting Standards Codification 842 that apply to arrangements between related parties under common control. The amendment requires leasehold improvements associated with common control leases to be amortized over the useful life to the common control group, and requires certain disclosures when the lease term is shorter than the useful life of the asset. This Accounting Standards Update (“ASU”) is effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. The Company adopted this guidance during the three months ended May 4, 2024, which had no material impact on the Company’s consolidated financial position, results of operations or cash flows. Recently Issued Accounting Guidance Joint Venture Formations In August 2023, the FASB issued authoritative guidance regarding the initial measurement of joint ventures. Upon formation, a joint venture is required to recognize and initially measure its assets and liabilities at fair value. The new guidance is applicable to joint ventures with a formation date on or after January 1, 2025. Early adoption and retrospective application of the amendments are permitted. The Company is currently evaluating the impact this guidance will have on its consolidated financial statements. Segment Reporting In November 2023, the FASB issued authoritative guidance which modifies the disclosure requirements of reportable segments. This guidance is designed to improve reportable segment disclosure requirements, primarily through enhanced disclosures of significant segment expenses. This ASU is effective for fiscal years beginning after December 15, 2023, and for interim periods beginning after December 15, 2024. The Company is currently evaluating the impact this guidance will have on its consolidated financial statements. Income Tax Disclosures In December 2023, the FASB issued authoritative guidance to enhance the transparency and decision usefulness of income tax disclosures. The additional disclosures required by this update are related to the effective tax rate reconciliation and income taxes paid by jurisdiction. This ASU is effective for annual periods beginning after December 15, 2024. The Company is currently evaluating the impact this guidance will have on its consolidated financial statements. Expense Disaggregation In November 2024, the FASB issued authoritative guidance regarding expense disaggregation disclosures. The guidance requires interim and annual disclosure, within the notes to the Company’s financial statements, of (a) purchases of inventory, (b) employee compensation, (c) depreciation, and (d) intangible asset amortization included in each relevant expense caption presented on the face of the income statement within continuing operations. The requirements also include: (1) inclusion of certain amounts that are already required to be disclosed under current GAAP in the same disclosure as the other disaggregation requirements, (2) a qualitative description of the amounts remaining in relevant expense captions that are not separately disaggregated quantitatively, and (3) disclosure of the total amount of selling expenses and, in annual reporting periods, an entity’s definition of selling expenses. The new guidance is effective for annual reporting periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027. Early adoption is permitted. The Company is currently evaluating the impact this guidance will have on its consolidated financial statements.

Acquisition of rag & bone (Tabl

Acquisition of rag & bone (Tables)	9 Months Ended
	Nov. 02, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Schedule of Purchase Price Allocation	The purchase price consideration was allocated to assets acquired and liabilities assumed based on their respective fair values as follows (in thousands): Apr 2, 2024 Cash and cash equivalents $ 2,083 Accounts receivable 23,582 Inventory 52,105 Other current assets 10,900 Total current assets 88,670 Property and equipment 12,605 Operating lease right-of-use assets 38,821 Other assets 61,840 Total assets acquired $ 201,936 Accounts payable $ 23,752 Accrued expenses 11,923 Current portion of operating lease liabilities 16,588 Total current liabilities 52,263 Long-term operating lease liabilities 44,496 Total liabilities assumed $ 96,759 Fair value of net assets acquired $ 105,177 Cash $ 57,064 Earnout consideration 2,040 Vendor consideration 46,073 Fair value of acquisition consideration $ 105,177
Schedule of Pro Forma Financial Information	The following financial information presents the Company’s consolidated net revenues as if the acquisition had occurred on January 29, 2023 (in thousands): Three Months Ended Nine Months Ended Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 Pro-forma net revenue $ 738,518 $ 720,435 $ 2,096,263 $ 2,070,000

Lease Accounting (Tables)

Lease Accounting (Tables)	9 Months Ended
	Nov. 02, 2024
Leases [Abstract]
Schedule of Assets and Liabilities, Lessee	The components of leases are (in thousands): Nov 2, 2024 Feb 3, 2024 Assets Balance Sheet Location Operating Operating lease right-of-use assets $ 794,066 $ 667,031 Finance Property and equipment, net 8,010 15,132 Total lease assets $ 802,076 $ 682,163 Liabilities Balance Sheet Location Current: Operating Current portion of operating lease liabilities $ 180,835 $ 166,451 Finance Current portion of borrowings and finance lease obligations 5,603 5,573 Noncurrent: Operating Long-term operating lease liabilities 670,430 542,392 Finance Long-term debt and finance lease obligations 5,154 9,857 Total lease liabilities $ 862,022 $ 724,273
Schedule of Lease Costs	The components of lease costs are (in thousands): Three Months Ended Nine Months Ended Income Statement Location Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 Operating lease costs Cost of product sales $ 53,293 $ 44,964 $ 151,652 $ 136,367 Operating lease costs Selling, general and administrative expenses 7,730 6,744 24,820 19,941 Operating lease costs 1 Net (gains) losses on lease modifications (718) 537 (718) (1,894) Finance lease costs Amortization of leased assets Cost of product sales 8 9 20 61 Amortization of leased assets Selling, general and administrative expenses 753 1,635 3,881 4,747 Interest on lease liabilities Interest expense 120 179 475 577 Variable lease costs 2 Cost of product sales 25,361 23,400 74,894 71,551 Variable lease costs 2 Selling, general and administrative expenses 932 804 3,247 2,551 Short-term lease costs Cost of product sales 129 92 358 241 Short-term lease costs Selling, general and administrative expenses 2,071 2,015 6,275 4,306 Total lease costs $ 89,679 $ 80,379 $ 264,904 $ 238,448 ______________________________________________________________________ Notes: 1 During each of the three and nine months ended November 2, 2024 and October 28, 2023, net (gains) losses on lease modifications related primarily to the early termination of certain lease agreements. Operating lease costs for these locations prior to the early termination were included in cost of product sales. 2 During the three and nine months ended November 2, 2024, variable lease costs included certain rent concessions of approximately $0.2 million and $0.5 million, respectively, received by the Company, primarily in Europe. During the three and nine months ended October 28, 2023, variable lease costs included certain rent concessions of approximately $0.4 million and $1.4 million, respectively, received by the Company, primarily in Europe.
Schedule of Operating Lease Liabilities Maturity	Maturities of the Company’s operating and finance lease liabilities as of November 2, 2024 are (in thousands): Operating Leases Maturity of Lease Liabilities Non-Related Parties Related Parties Finance Leases Total Fiscal 2025 $ 67,282 $ 1,934 $ 816 $ 70,032 Fiscal 2026 177,476 7,218 5,696 190,390 Fiscal 2027 161,172 7,780 3,184 172,136 Fiscal 2028 132,696 7,703 1,353 141,752 Fiscal 2029 117,440 8,468 294 126,202 After fiscal 2029 300,818 12,329 3 313,150 Total lease payments 956,884 45,432 11,346 1,013,662 Less: Interest 142,591 8,460 589 151,640 Present value of lease liabilities $ 814,293 $ 36,972 $ 10,757 $ 862,022
Schedule of Finance Lease Liabilities Maturity	Maturities of the Company’s operating and finance lease liabilities as of November 2, 2024 are (in thousands): Operating Leases Maturity of Lease Liabilities Non-Related Parties Related Parties Finance Leases Total Fiscal 2025 $ 67,282 $ 1,934 $ 816 $ 70,032 Fiscal 2026 177,476 7,218 5,696 190,390 Fiscal 2027 161,172 7,780 3,184 172,136 Fiscal 2028 132,696 7,703 1,353 141,752 Fiscal 2029 117,440 8,468 294 126,202 After fiscal 2029 300,818 12,329 3 313,150 Total lease payments 956,884 45,432 11,346 1,013,662 Less: Interest 142,591 8,460 589 151,640 Present value of lease liabilities $ 814,293 $ 36,972 $ 10,757 $ 862,022
Schedule of Other Supplemental Information	Other supplemental information is (in thousands): Lease Term and Discount Rate Nov 2, 2024 Weighted-average remaining lease term Operating leases 6.4 years Finance leases 2.6 years Weighted-average discount rate Operating leases 5.2% Finance leases 4.1% Nine Months Ended Supplemental Cash Flow Information Nov 2, 2024 Oct 28, 2023 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 163,728 $ 155,379 New operating ROU assets obtained in exchange for lease liabilities $ 192,543 $ 128,756

Earnings (Loss) per Share (Tabl

Earnings (Loss) per Share (Tables)	9 Months Ended
	Nov. 02, 2024
Earnings Per Share [Abstract]
Schedule of Computation of Basic and Diluted EPS Attributable to Common Stockholders	The computation of basic and diluted net earnings (loss) per common share attributable to common stockholders is (in thousands, except per share data): Three Months Ended Nine Months Ended Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 Net earnings (loss) attributable to Guess?, Inc. $ (23,395) $ 55,701 $ (20,976) $ 82,929 Less net earnings attributable to nonvested restricted stockholders 210 672 687 1,066 Net earnings (loss) attributable to common stockholders (23,605) 55,029 (21,663) 81,863 Add expenses (income) related to the convertible senior notes 1 (7,712) 2,779 — 6,826 Net earnings (loss) attributable to common stockholders used in diluted computations $ (31,317) $ 57,808 $ (21,663) $ 88,689 Weighted average common shares used in basic computations 50,798 53,052 52,047 53,450 Effect of dilutive securities: Stock options and restricted stock units — 1,366 — 1,276 Convertible senior notes 15,810 15,913 — 13,372 Weighted average common shares used in diluted computations 66,608 70,331 52,047 68,098 Net earnings (loss) per common share attributable to common stockholders: Basic $ (0.46) $ 1.04 $ (0.42) $ 1.53 Diluted $ (0.47) $ 0.82 $ (0.42) $ 1.30 ______________________________________________________________________ Notes: 1 Expenses (income) related to the convertible senior notes include interest expense, loss on extinguishment of debt and (gain) loss on fair value remeasurement for embedded derivative, net of associated income tax effect.
Schedule of Antidilutive Shares Excluded from Computation of Diluted Weighted Average Common Shares and Common Share Equivalents	Antidilutive shares excluded from the computation of diluted weighted average common shares and common equivalent shares outstanding are: Three Months Ended Nine Months Ended Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 Stock options and restricted stock units 1 1,492,824 159,950 1,557,115 1,011,089 Convertible senior notes — — 15,798,155 1,491,394 Total 1,492,824 159,950 17,355,270 2,502,483 ______________________________________________________________________ Notes: 1

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended
	Nov. 02, 2024
Equity [Abstract]
Schedule of Cash Dividend Declared Per Share	The following sets forth the cash dividend declared per share: Three Months Ended Nine Months Ended Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 Cash dividend declared per share $ 0.300 $ 0.300 $ 3.150 $ 0.825
Schedule of Changes in Accumulated Other Comprehensive Income (Loss), Net of Related Income Taxes	The changes in accumulated other comprehensive income (loss) (“AOCL”), net of related income taxes, are (in thousands): Foreign Currency Translation Adjustment Derivative Financial Instruments Designated as Cash Flow Hedges Defined Benefit Plans Total Three Months Ended Nov 2, 2024 Balance at August 3, 2024 $ (137,667) $ 476 $ (467) $ (137,658) Gains (losses) arising during the period (7,542) 1,688 77 (5,777) Reclassification to net earnings (loss) for gains realized — (372) (34) (406) Net other comprehensive income (loss) (7,542) 1,316 43 (6,183) Balance at November 2, 2024 $ (145,209) $ 1,792 $ (424) $ (143,841) Nine Months Ended Nov 2, 2024 Balance at February 3, 2024 $ (136,115) $ (544) $ (351) $ (137,010) Gains (losses) arising during the period (9,094) 1,001 28 (8,065) Reclassification to net earnings (loss) for (gains) losses realized — 1,335 (101) 1,234 Net other comprehensive income (loss) (9,094) 2,336 (73) (6,831) Balance at November 2, 2024 $ (145,209) $ 1,792 $ (424) $ (143,841) Foreign Currency Translation Adjustment Derivative Financial Instruments Designated as Cash Flow Hedges Defined Benefit Plans Total Three Months Ended Oct 28, 2023 Balance at July 29, 2023 $ (123,169) $ (5,805) $ (3,583) $ (132,557) Gains (losses) arising during the period (26,663) 5,870 184 (20,609) Reclassification to net earnings for (gains) losses realized — (6) 22 16 Net other comprehensive income (loss) (26,663) 5,864 206 (20,593) Balance at October 28, 2023 $ (149,832) $ 59 $ (3,377) $ (153,150) Nine Months Ended Oct 28, 2023 Balance at January 28, 2023 $ (129,168) $ (1,584) $ (3,321) $ (134,073) Gains (losses) arising during the period (20,664) 7,383 (122) (13,403) Reclassification to net earnings for (gains) losses realized — (5,740) 66 (5,674) Net other comprehensive income (loss) (20,664) 1,643 (56) (19,077) Balance at October 28, 2023 $ (149,832) $ 59 $ (3,377) $ (153,150)
Schedule of Reclassifications Out of Accumulated Other Comprehensive Income (Loss) to Net Earnings (Loss)	Details on reclassifications out of AOCL to net earnings (loss) are (in thousands): Three Months Ended Nine Months Ended Location of (Gain) Loss Reclassified from AOCL into Earnings (Loss) Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 Derivative financial instruments designated as cash flow hedges: Foreign exchange currency contracts $ (418) $ 130 $ 1,683 $ (6,074) Cost of product sales Interest rate swap — (158) (212) (434) Interest expense Less income tax effect 46 22 (136) 768 Income tax expense (benefit) (372) (6) 1,335 (5,740) Defined benefit plans: Net actuarial (gain) loss amortization (2) 64 (9) 191 Other expense, net Prior service credit amortization (42) (40) (122) (119) Other expense, net Less income tax effect 10 (2) 30 (6) Income tax expense (benefit) (34) 22 (101) 66 Total reclassifications during the period $ (406) $ 16 $ 1,234 $ (5,674)

Accounts Receivable (Tables)

Accounts Receivable (Tables)	9 Months Ended
	Nov. 02, 2024
Receivables [Abstract]
Schedule of Accounts Receivable	Accounts receivable is summarized as follows (in thousands): Nov 2, 2024 Feb 3, 2024 Trade $ 346,592 $ 305,900 Royalty 33,519 9,334 Other 10,530 6,711 390,641 321,945 Less allowances 7,274 7,176 $ 383,367 $ 314,769

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Nov. 02, 2024
Inventory Disclosure [Abstract]
Schedule of Inventories	Inventories consist of the following (in thousands): Nov 2, 2024 Feb 3, 2024 Raw materials $ 3,871 $ 1,488 Work in progress 49 3 Finished goods 671,832 464,806 $ 675,752 $ 466,297

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Nov. 02, 2024
Segment Reporting [Abstract]
Schedule of Net Revenue and Earnings (Loss) From Operations by Segment	Net revenue and earnings (loss) from operations are summarized (in thousands): Three Months Ended Nine Months Ended Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 Net revenue: Europe $ 368,429 $ 344,472 $ 1,035,532 $ 990,981 Americas Retail 172,751 153,872 498,441 464,984 Americas Wholesale 98,849 55,288 245,381 150,361 Asia 65,478 64,498 192,566 194,210 Licensing 33,011 33,040 91,101 84,944 Total net revenue $ 738,518 $ 651,170 $ 2,063,021 $ 1,885,480 Earnings (loss) from operations: Europe $ 32,476 $ 35,555 $ 69,431 $ 84,344 Americas Retail (7,487) 8,086 (15,185) 20,060 Americas Wholesale 25,410 16,106 55,517 40,264 Asia (1,281) 636 1,236 3,927 Licensing 30,296 30,770 84,110 79,419 Total segment earnings from operations 79,414 91,153 195,109 228,014 Corporate overhead (36,765) (34,106) (134,935) (105,164) Asset impairment charges 1 (1,091) (1,737) (4,509) (6,293) Net gains (losses) on lease modifications 2 718 (537) 718 1,894 Gain on sale of assets 3 — — 13,781 — Total earnings from operations $ 42,276 $ 54,773 $ 70,164 $ 118,451 ______________________________________________________________________ Notes: 1 During each of the three and nine months ended November 2, 2024 and October 28, 2023, the Company recognized asset impairment charges related primarily to impairment of property and equipment related to certain retail locations resulting from under-performance and expected store closures. Refer to Note 16 for more information regarding these asset impairment charges. 2 During each of the three and nine months ended November 2, 2024 and October 28, 2023, the Company recorded net gains (losses) on lease modifications related primarily to the early termination of certain lease agreements. 3 During the nine months ended November 2, 2024, the Company recorded a gain on the sale of assets related to the U.S. distribution center.
Schedule of Net Revenue by Country	The below presents information regarding geographic areas in which the Company operated. Net revenue is classified primarily based on the country where the Company’s customer is located (in thousands): Three Months Ended Nine Months Ended Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 Net revenue: U.S. $ 198,955 $ 133,613 $ 542,794 $ 412,746 Italy 72,519 71,395 208,240 213,055 Germany 52,326 47,179 137,615 127,503 South Korea 39,097 41,642 118,788 124,132 Spain 37,385 35,034 107,501 104,389 Canada 33,244 38,968 95,134 109,178 Mexico 31,977 31,426 92,226 78,978 Other countries 240,004 218,873 669,622 630,555 Total product sales 705,507 618,130 1,971,920 1,800,536 Net royalties 33,011 33,040 91,101 84,944 Net revenue $ 738,518 $ 651,170 $ 2,063,021 $ 1,885,480

Borrowings and Finance Lease _2

Borrowings and Finance Lease Obligations (Tables)	9 Months Ended
	Nov. 02, 2024
Debt Disclosure [Abstract]
Schedule of Borrowings and Finance Lease Obligations	Borrowings and finance lease obligations are summarized (in thousands): Nov 2, 2024 Feb 3, 2024 Term loans $ 4,967 $ 12,060 Finance lease obligations 10,757 15,430 Mortgage debt — 16,435 Borrowings under credit facilities 262,548 21,653 Other 2,870 3,413 281,142 68,991 Less current installments 42,836 40,781 Long-term debt and finance lease obligations $ 238,306 $ 28,210

Convertible Senior Notes and _2

Convertible Senior Notes and Related Transactions (Tables)	9 Months Ended
	Nov. 02, 2024
Debt Disclosure [Abstract]
Schedule of Convertible Debt	The Notes consist of the following (in thousands): Nov 2, 2024 Feb 3, 2024 2024 Notes Principal $ — $ 48,078 Unamortized debt issuance costs — (30) Net carrying amount $ — $ 48,048 Fair value, net 1 $ — $ 49,182 Initial 2028 Notes Principal $ 275,000 $ 275,000 Unamortized debt discount and issuance costs 2,3 (6,726) (8,034) Net carrying amount $ 268,274 $ 266,966 Fair value, net 1 $ 272,289 $ 295,550 Additional 2028 Notes Principal $ 76,947 $ 64,826 Unamortized debt discount and issuance costs 3 (12,364) (11,465) Embedded derivative 4 7,760 16,390 Net carrying amount $ 72,343 $ 69,751 Fair value, net 1 $ 73,466 $ 60,099 Net carrying amount of Initial and Additional 2028 Notes $ 340,617 $ 336,717 ______________________________________________________________________ Notes: 1 The fair value of the Notes is determined based on inputs that are observable in the market and have been classified as Level 2 in the fair value hierarchy. 2 The unamortized debt discount related to the Initial 2028 Notes is due to the result of the modification accounting for a portion of the exchanged notes. This discount represents both an increase in the fair value of the embedded conversion feature, which is calculated as the difference between the fair value of the embedded conversion feature immediately before and after the exchange, and cash paid to modified noteholders. The change in conversion feature value reduces the carrying amount of the convertible debt instrument with a corresponding increase in additional paid-in capital. The additional cash paid to modified noteholders increased the debt discount. This debt discount is being amortized to interest expense over five years. 3 For each of the three and nine months ended November 2, 2024, the weighted average effective interest rate including amortization of debt discount and issuance costs was 4.5% and 9.3% for the Initial 2028 Notes and Additional 2028 Notes, respectively. For each of the three and nine months ended October 28, 2023, the weighted average effective interest rate including amortization of debt discount and issuance costs was 4.5% for the Initial 2028 Notes. 4 The fair value of the embedded derivative is measured using significant unobservable inputs and are classified as Level 3 in the fair value hierarchy.
Schedule of Interest Expense on Convertible Notes	Interest expense for the Notes for the three and nine months ended November 2, 2024 and October 28, 2023 consists of the following (in thousands): Three Months Ended Nine Months Ended Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 2024 Notes Coupon interest $ — $ 325 $ 334 $ 2,247 Amortization of debt discount and issuance costs — 50 28 334 Total $ — $ 375 $ 362 $ 2,581 Initial 2028 Notes Coupon interest $ 2,578 $ 2,578 $ 7,734 $ 5,557 Amortization of debt discount and issuance costs 435 415 1,307 894 Total $ 3,013 $ 2,993 $ 9,041 $ 6,451 Additional 2028 Notes Coupon interest $ 721 $ — $ 2,088 $ — Amortization of debt discount and issuance costs 774 — 2,211 — Total $ 1,495 $ — $ 4,299 $ —

Share-Based Compensation (Table

Share-Based Compensation (Tables)	9 Months Ended
	Nov. 02, 2024
Share-Based Payment Arrangement [Abstract]
Schedule of Share-based Compensation Expense Recognized Under All of the Company's Stock Plans	The following summarizes the share-based compensation expense recognized under all of the Company’s stock plans (in thousands): Three Months Ended Nine Months Ended Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 Stock options $ — $ — $ — $ 713 Stock awards/units 4,821 4,840 13,728 14,108 Employee Stock Purchase Plan 28 37 127 131 Total share-based compensation expense $ 4,849 $ 4,877 $ 13,855 $ 14,952
Schedule of Activity for Nonvested Performance-based Units	The following summarizes the activity for nonvested performance-based units during the nine months ended November 2, 2024: Number of Units Weighted Average Grant Date Fair Value Nonvested at February 3, 2024 376,916 $ 18.36 Granted 234,498 19.19 Vested (112,590) 18.14 Forfeited (1,983) 19.83 Nonvested at November 2, 2024 496,841 $ 18.79
Schedule of Activity for Nonvested Market-based Units	The following summarizes the activity for nonvested market-based units during the nine months ended November 2, 2024: Number of Units Weighted Average Grant Date Fair Value Nonvested at February 3, 2024 722,780 $ 19.55 Granted 1 235,917 20.35 Vested 1 (172,601) 17.77 Forfeited (2,509) 20.90 Nonvested at November 2, 2024 783,587 $ 20.18 ______________________________________________________________________ Notes: 1 As a result of the achievement of certain market-based vesting conditions, there were 43,150 shares that vested in addition to the original target number of shares granted in fiscal 2022.

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Nov. 02, 2024
Commitments and Contingencies Disclosure [Abstract]
Schedule of Redeemable Noncontrolling Interest	A reconciliation of the total carrying amount of redeemable noncontrolling interests is (in thousands): Nine Months Ended Nov 2, 2024 Oct 28, 2023 Beginning balance $ 522 $ 9,154 Foreign currency translation adjustment (158) (60) Purchase of redeemable noncontrolling interest — (8,581) Ending balance $ 364 $ 513

Defined Benefit Plans (Tables)

Defined Benefit Plans (Tables)	9 Months Ended
	Nov. 02, 2024
Retirement Benefits [Abstract]
Schedule of Components of Net Periodic Defined Benefit Pension Cost Related to the Company's Defined Benefit Plans	The components of net periodic defined benefit pension cost related to the Company’s defined benefit plans are (in thousands): SERP Foreign Pension Plans Total Three Months Ended Nov 2, 2024 Service cost $ — $ 1,100 $ 1,100 Interest cost 441 250 691 Expected return on plan assets — (223) (223) Net amortization of unrecognized prior service credit — (42) (42) Net amortization of actuarial (gains) losses (43) 41 (2) Net periodic defined benefit pension cost $ 398 $ 1,126 $ 1,524 Nine Months Ended Nov 2, 2024 Service cost $ — $ 3,212 $ 3,212 Interest cost 1,324 731 2,055 Expected return on plan assets — (652) (652) Net amortization of unrecognized prior service credit — (122) (122) Net amortization of actuarial (gains) losses (130) 121 (9) Net periodic defined benefit pension cost $ 1,194 $ 3,290 $ 4,484 Three Months Ended Oct 28, 2023 Service cost $ — $ 932 $ 932 Interest cost 465 228 693 Expected return on plan assets — (202) (202) Net amortization of unrecognized prior service credit — (40) (40) Net amortization of actuarial losses — 64 64 Net periodic defined benefit pension cost $ 465 $ 982 $ 1,447 Nine Months Ended Oct 28, 2023 Service cost $ — $ 2,780 $ 2,780 Interest cost 1,396 681 2,077 Expected return on plan assets — (603) (603) Net amortization of unrecognized prior service credit — (119) (119) Net amortization of actuarial losses — 191 191 Net periodic defined benefit pension cost $ 1,396 $ 2,930 $ 4,326

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Nov. 02, 2024
Fair Value Disclosures [Abstract]
Schedule of Fair Value Hierarchy for Assets and Liabilities Measured at Fair Value on a Recurring Basis	The following presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis (in thousands): Fair Value Measurements Fair Value Measurements at Nov 2, 2024 at Feb 3, 2024 Recurring Fair Value Measures Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Assets: Foreign exchange currency contracts $ — $ 2,796 $ — $ 2,796 $ — $ 2,278 $ — $ 2,278 2028 Bond Hedge — — 35,493 35,493 — — 85,918 85,918 Interest rate swap — — — — — 797 — 797 Total $ — $ 2,796 $ 35,493 $ 38,289 $ — $ 3,075 $ 85,918 $ 88,993 Liabilities: Foreign exchange currency contracts $ — $ 169 $ — $ 169 $ — $ 1,702 $ — $ 1,702 Embedded derivative — — 7,760 7,760 — — 16,390 16,390 Deferred compensation obligations — 19,696 — 19,696 — 17,164 — 17,164 Total $ — $ 19,865 $ 7,760 $ 27,625 $ — $ 18,866 $ 16,390 $ 35,256
Schedule of Measurement Input Assumptions	The following assumptions were used within the model: Valuation Assumptions Nov 2, 2024 Feb 3, 2024 Expected volatility 30 % 30 % Risk-free interest rate 4.2 % 4.1 % Credit spread 2.6 % 4.3 % Dividend yield 7.1 % 5.2 % Term to maturity 3.5 years 4.2 years Stock price $ 16.97 $ 22.86
Schedule of Reconciliation of Level 3 Assets and Liabilities	The following presents a reconciliation of the Company’s financial assets and liabilities measured at fair value as of November 2, 2024, using significant unobservable inputs (Level 3), and the change in fair value recorded in other income (expense), net in the consolidated statements of income (loss) (in thousands): Embedded Derivative 2028 Bond Hedge Balance as of February 3, 2024 $ (16,390) $ 85,918 Initial bifurcation of embedded derivative (6,538) — Purchase of Additional 2028 Bond Hedge — 6,538 Gain (loss) on fair value remeasurement 15,168 (56,963) Balance as of November 2, 2024 $ (7,760) $ 35,493

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	9 Months Ended
	Nov. 02, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Fair Value of Derivative Instruments in the Condensed Consolidated Balance Sheets	The fair value of derivative instruments in the condensed consolidated balance sheets is (in thousands): Fair Value at Nov 2, 2024 Fair Value at Feb 3, 2024 Derivative Balance Sheet Location ASSETS: Derivatives designated as hedging instruments: Cash flow hedges: Foreign exchange currency contracts $ 2,063 $ 1,590 Other current assets/Other assets Interest rate swap — 797 Other assets Total derivatives designated as hedging instruments 2,063 2,387 Derivatives not designated as hedging instruments: Foreign exchange currency contracts 733 688 Other current assets 2028 Bond Hedge 35,493 85,918 Other assets Total derivatives not designated as hedging instruments 36,226 86,606 Total $ 38,289 $ 88,993 LIABILITIES: Derivatives designated as hedging instruments: Cash flow hedges: Foreign exchange currency contracts $ 84 $ 763 Accrued expenses and other current liabilities Total derivatives designated as hedging instruments 84 763 Derivatives not designated as hedging instruments: Foreign exchange currency contracts 85 939 Accrued expenses and other current liabilities Embedded derivative 7,760 16,390 Convertible senior notes due 2028, net Total derivatives not designated as hedging instruments 7,845 17,329 Total $ 7,929 $ 18,092
Schedule of Gains (Losses) Before Taxes Recognized on the Derivative Instruments Designated as Cash Flow Hedges	The following summarizes the gains (losses) before income taxes recognized on derivative instruments designated as cash flow hedges in other comprehensive income (loss) (“OCL”) and net earnings (loss) (in thousands): Gain (Loss) Recognized in OCL Location of Gain (Loss) Reclassified from AOCL into Earnings (Loss) Gain (Loss) Reclassified from AOCL into Earnings (Loss) Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 Three Months Ended Derivatives designated as cash flow hedges: Foreign exchange currency contracts $ 1,898 $ 6,443 Cost of product sales $ 418 $ (130) Interest rate swap $ — $ 176 Interest expense $ — $ 158 Nine Months Ended Derivatives designated as cash flow hedges: Foreign exchange currency contracts $ 1,647 $ 7,838 Cost of product sales $ (1,683) $ 6,074 Interest rate swap $ (604) $ 529 Interest expense $ 212 $ 434
Schedule of Net After-tax Derivative Activity Recorded in Accumulated Other Comprehensive Income (Loss)	The following summarizes net after income tax derivative activity recorded in AOCL (in thousands): Three Months Ended Nine Months Ended Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 Beginning balance gain (loss) $ 476 $ (5,805) $ (544) $ (1,584) Net gain from changes in cash flow hedges 1,688 5,870 1,001 7,383 Net (gain) loss reclassified into earnings (loss) (372) (6) 1,335 (5,740) Ending balance gain $ 1,792 $ 59 $ 1,792 $ 59
Schedule of Derivative Instruments Not Designated as Hedging Instruments	The following summarizes the gains (losses) before income taxes recognized on derivative instruments not designated as hedging instruments in other income (expense) (in thousands): Location of Gains (Losses) Recognized in Earnings (Loss) Gains (Losses) Recognized in Earnings (Loss) Three Months Ended Nine Months Ended Nov 2, 2024 Oct 28, 2023 Nov 2, 2024 Oct 28, 2023 Foreign exchange currency contracts Other expense, net $ 468 $ 3,870 $ 50 $ 3,410 2028 Bond Hedge Other expense, net $ (50,953) $ — $ (56,963) $ — Embedded derivatives Other expense, net $ 11,140 $ — $ 15,168 $ —

Basis of Presentation (Details)

Basis of Presentation (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Nov. 02, 2024	Oct. 28, 2023	Nov. 02, 2024	Oct. 28, 2023	Feb. 01, 2025	Feb. 03, 2024	Jan. 28, 2023	Apr. 02, 2024
Disaggregation of Revenue [Line Items]
Fiscal period duration						371 days	364 days
Percentage of total accounts receivable that are insured or supported by bank guarantees or letters of credit	42%		42%
Advertising and marketing costs	$ 25.7	$ 13.8	$ 68.6	$ 36.6
Europe
Disaggregation of Revenue [Line Items]
Percentage of total accounts receivable that are insured or supported by bank guarantees or letters of credit	63%		63%
Royalties
Disaggregation of Revenue [Line Items]
Net royalties revenue recognized	$ 4.3	$ 3.6	$ 13	$ 10.7
Royalties | Accrued expenses and other current liabilities
Disaggregation of Revenue [Line Items]
Current deferred royalties	14.7		14.7			$ 5
Royalties | Other long-term liabilities
Disaggregation of Revenue [Line Items]
Noncurrent deferred royalties	$ 33.1		$ 33.1			$ 14.8
Minimum | Royalties
Disaggregation of Revenue [Line Items]
License agreement term			3 years
Maximum | Royalties
Disaggregation of Revenue [Line Items]
License agreement term			15 years
Forecast
Disaggregation of Revenue [Line Items]
Fiscal period duration					364 days
Rag & Bone, Intellectual Property
Disaggregation of Revenue [Line Items]
Percentage of intellectual property assets acquired								50%

Acquisition of rag & bone - Nar

Acquisition of rag & bone - Narrative (Details)		3 Months Ended	7 Months Ended	9 Months Ended
	Apr. 02, 2024 USD ($) store option	Nov. 02, 2024 USD ($)	Nov. 02, 2024 USD ($)	Nov. 02, 2024 USD ($)	Feb. 03, 2024 USD ($)
Business Acquisition [Line Items]
Goodwill		$ 34,171,000	$ 34,171,000	$ 34,171,000	$ 34,100,000
Royalties | Joint Venture
Business Acquisition [Line Items]
License agreement term	10 years
Maximum number of license agreement renewals | option	4
License agreement renewal term	10 years
Joint Venture
Business Acquisition [Line Items]
Loan receivable		15,600,000	15,600,000	15,600,000
Joint Venture
Business Acquisition [Line Items]
Equity method ownership percentage	50%
Fair value of joint venture		45,000,000	45,000,000	45,000,000
Rag & Bone
Business Acquisition [Line Items]
Cash consideration	$ 57,064,000
Maximum earnout consideration payable	$ 12,800,000
Amortization period for off-market leases	3 years 6 months
Goodwill	$ 0
Vendor consideration amortization period	5 years
Transaction-related costs		0		$ 5,700,000
Revenue of acquiree since acquisition date		$ 73,800,000	$ 161,000,000
Rag & Bone | Customer Relationships
Business Acquisition [Line Items]
Intangible assets useful life	10 years
Rag & Bone | Earnout consideration
Business Acquisition [Line Items]
Earnout/ vendor consideration liability	$ 2,040,000
Rag & Bone | Vendor consideration
Business Acquisition [Line Items]
Earnout/ vendor consideration liability	$ 46,073,000
Rag & Bone | U.S.
Business Acquisition [Line Items]
Number of stores acquired | store	34
Rag & Bone | UK
Business Acquisition [Line Items]
Number of stores acquired | store	2

Acquisition of rag & bone - Sch

Acquisition of rag & bone - Schedule of Purchase Price Allocation (Details) - Rag & Bone $ in Thousands	Apr. 02, 2024 USD ($)
Business Acquisition [Line Items]
Cash and cash equivalents	$ 2,083
Accounts receivable	23,582
Inventory	52,105
Other current assets	10,900
Total current assets	88,670
Property and equipment	12,605
Operating lease right-of-use assets	38,821
Other assets	61,840
Total assets acquired	201,936
Accounts payable	23,752
Accrued expenses	11,923
Current portion of operating lease liabilities	16,588
Total current liabilities	52,263
Long-term operating lease liabilities	44,496
Total liabilities assumed	96,759
Fair value of net assets acquired	105,177
Cash	57,064
Fair value of acquisition consideration	105,177
Earnout consideration
Business Acquisition [Line Items]
Earnout/ vendor consideration	2,040
Vendor consideration
Business Acquisition [Line Items]
Earnout/ vendor consideration	$ 46,073

Acquisition of rag & bone - S_2

Acquisition of rag & bone - Schedule of Pro Forma Financial Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023	Nov. 02, 2024	Oct. 28, 2023
Rag & Bone
Business Acquisition [Line Items]
Pro-forma net revenue	$ 738,518	$ 720,435	$ 2,096,263	$ 2,070,000

Lease Accounting - Narrative (D

Lease Accounting - Narrative (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2024 USD ($) option	Oct. 28, 2023 USD ($)	Nov. 02, 2024 USD ($) option	Oct. 28, 2023 USD ($)
Lessee, Lease, Description [Line Items]
Sale and leaseback term			10 years
Number of sale and leaseback extension options | option	2		2
Sale and leaseback extension period	5 years		5 years
Gain on sale and leaseback of property	$ 0	$ 0	$ 13,781	$ 0
Commitments for operating lease not yet commenced	$ 8,300		$ 8,300
Retail Store | Minimum
Lessee, Lease, Description [Line Items]
Percentage of annual sales volume used for incremental rent on certain retail location leases			3%
Retail Store | Maximum
Lessee, Lease, Description [Line Items]
Percentage of annual sales volume used for incremental rent on certain retail location leases			26%
Retail Concession | Weighted Average
Lessee, Lease, Description [Line Items]
Percentage of annual sales volume used for incremental rent on certain retail location leases			26%

Lease Accounting - Schedule of

Lease Accounting - Schedule of Lease Assets and Liabilities (Details) - USD ($) $ in Thousands	Nov. 02, 2024	Feb. 03, 2024
Assets
Operating	$ 794,066	$ 667,031
Finance	8,010	15,132
Total lease assets	$ 802,076	$ 682,163
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Property and equipment, net	Property and equipment, net
Current:
Operating	$ 180,835	$ 166,451
Finance	5,603	5,573
Noncurrent:
Operating	670,430	542,392
Finance	5,154	9,857
Total lease liabilities	$ 862,022	$ 724,273
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Current portion of borrowings and finance lease obligations	Current portion of borrowings and finance lease obligations
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Long-term debt and finance lease obligations	Long-term debt and finance lease obligations

Lease Accounting - Schedule o_2

Lease Accounting - Schedule of Lease Costs (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023	Nov. 02, 2024	Oct. 28, 2023
Lease costs
Net (gains) losses on lease modifications	$ (718)	$ 537	$ (718)	$ (1,894)
Finance lease costs
Total lease costs	89,679	80,379	264,904	238,448
Europe
Finance lease costs
Rent concessions from landlord	200	400	500	1,400
Cost of product sales
Lease costs
Operating lease costs	53,293	44,964	151,652	136,367
Finance lease costs
Amortization of leased assets	8	9	20	61
Variable lease costs	25,361	23,400	74,894	71,551
Short-term lease costs	129	92	358	241
Selling, general and administrative expenses
Lease costs
Operating lease costs	7,730	6,744	24,820	19,941
Finance lease costs
Amortization of leased assets	753	1,635	3,881	4,747
Variable lease costs	932	804	3,247	2,551
Short-term lease costs	2,071	2,015	6,275	4,306
Net (gains) losses on lease modifications
Lease costs
Net (gains) losses on lease modifications	(718)	537	(718)	(1,894)
Interest expense
Finance lease costs
Interest on lease liabilities	$ 120	$ 179	$ 475	$ 577

Lease Accounting - Schedule o_3

Lease Accounting - Schedule of Maturity of Lease Liabilities (Details) - USD ($) $ in Thousands	Nov. 02, 2024	Feb. 03, 2024
Finance Leases
Fiscal 2025	$ 816
Fiscal 2026	5,696
Fiscal 2027	3,184
Fiscal 2028	1,353
Fiscal 2029	294
After fiscal 2029	3
Total lease payments	11,346
Less: Interest	589
Finance lease obligations	10,757	$ 15,430
Total
Fiscal 2025	70,032
Fiscal 2026	190,390
Fiscal 2027	172,136
Fiscal 2028	141,752
Fiscal 2029	126,202
After fiscal 2029	313,150
Total lease payments	1,013,662
Less: Interest	151,640
Total lease liabilities	862,022	$ 724,273
Non-Related Parties
Lessee, Lease, Description [Line Items]
Fiscal 2025	67,282
Fiscal 2026	177,476
Fiscal 2027	161,172
Fiscal 2028	132,696
Fiscal 2029	117,440
After fiscal 2029	300,818
Total lease payments	956,884
Less: Interest	142,591
Present value of lease liabilities	814,293
Related Parties
Lessee, Lease, Description [Line Items]
Fiscal 2025	1,934
Fiscal 2026	7,218
Fiscal 2027	7,780
Fiscal 2028	7,703
Fiscal 2029	8,468
After fiscal 2029	12,329
Total lease payments	45,432
Less: Interest	8,460
Present value of lease liabilities	$ 36,972

Lease Accounting - Schedule o_4

Lease Accounting - Schedule of Lease Term and Discount Rate (Details)	Nov. 02, 2024
Weighted-average remaining lease term
Operating leases	6 years 4 months 24 days
Finance leases	2 years 7 months 6 days
Weighted-average discount rate
Operating leases	5.20%
Finance leases	4.10%

Lease Accounting - Schedule o_5

Lease Accounting - Schedule of Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$ 163,728	$ 155,379
New operating ROU assets obtained in exchange for lease liabilities	$ 192,543	$ 128,756

Earnings (Loss) per Share - Sch

Earnings (Loss) per Share - Schedule of Computation of Basic and Diluted EPS (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023	Nov. 02, 2024	Oct. 28, 2023
Earnings Per Share [Abstract]
Net earnings (loss) attributable to Guess?, Inc.	$ (23,395)	$ 55,701	$ (20,976)	$ 82,929
Less net earnings attributable to nonvested restricted stockholders	210	672	687	1,066
Net earnings (loss) attributable to common stockholders	(23,605)	55,029	(21,663)	81,863
Add (income) related to the convertible senior notes	(7,712)
Add expenses related to the convertible senior notes		2,779	0	6,826
Net earnings (loss) attributable to common stockholders used in diluted computations	$ (31,317)	$ 57,808	$ (21,663)	$ 88,689
Weighted average common shares used in basic computations (in shares)	50,798	53,052	52,047	53,450
Effect of dilutive securities:
Stock options and restricted stock units (in shares)	0	1,366	0	1,276
Convertible senior notes (in shares)	15,810	15,913	0	13,372
Weighted average common shares used in diluted computations (in shares)	66,608	70,331	52,047	68,098
Net earnings (loss) per common share attributable to common stockholders:
Basic (in dollars per share)	$ (0.46)	$ 1.04	$ (0.42)	$ 1.53
Diluted (in dollars per share)	$ (0.47)	$ 0.82	$ (0.42)	$ 1.30

Earnings (Loss) per Share - S_2

Earnings (Loss) per Share - Schedule of Antidilutive Shares (Details) - shares	3 Months Ended		9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023	Nov. 02, 2024	Oct. 28, 2023
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive equity awards excluded from computation of diluted weighted average common shares (in shares)	1,492,824	159,950	17,355,270	2,502,483
Stock options and restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive equity awards excluded from computation of diluted weighted average common shares (in shares)	1,492,824	159,950	1,557,115	1,011,089
Potentially dilutive shares excluded to the Net Loss
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive equity awards excluded from computation of diluted weighted average common shares (in shares)	1,172,118		1,313,235
Potentially dilutive shares excluded due to assumed proceeds
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive equity awards excluded from computation of diluted weighted average common shares (in shares)	320,706		243,880
Convertible senior notes
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive equity awards excluded from computation of diluted weighted average common shares (in shares)	0	0	15,798,155	1,491,394

Earnings (Loss) per Share - Nar

Earnings (Loss) per Share - Narrative (Details) - $ / shares	3 Months Ended		9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023	Nov. 02, 2024	Oct. 28, 2023	Mar. 31, 2024	Apr. 29, 2023	Apr. 30, 2019
Senior Notes | 2024 Notes
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Interest rate (as a percent)							2%
Warrants outstanding (in shares)	300,000	4,600,000	300,000	4,600,000
Strike price of warrants (in dollars per share)	$ 40.65	$ 44.53	$ 40.65	$ 44.53		$ 45.31
Senior Notes | 2028 Notes
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Interest rate (as a percent)					3.75%
Warrants outstanding (in shares)	15,800,000		15,800,000
Strike price of warrants (in dollars per share)	$ 37.61		$ 37.61
Senior Notes | Initial 2028 Notes
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Interest rate (as a percent)						3.75%
Warrants outstanding (in shares)		11,100,000		11,100,000
Strike price of warrants (in dollars per share)		$ 41.51		$ 41.51		$ 41.80
Performance-based or Market-based units
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Performance or market awards excluded from computation of EPS (in shares)	574,941	640,042	574,941	640,042

Stockholders' Equity - Narrativ

Stockholders' Equity - Narrative (Details) - USD ($)		1 Months Ended				3 Months Ended						9 Months Ended
	Mar. 14, 2022	Mar. 31, 2024	Jan. 31, 2024	Apr. 29, 2023	Apr. 30, 2019	Nov. 02, 2024	Aug. 03, 2024	May 04, 2024	Oct. 28, 2023	Jul. 29, 2023	Apr. 29, 2023	Nov. 02, 2024	Oct. 28, 2023	Mar. 25, 2024	Feb. 03, 2024	Jan. 29, 2022
Class of Stock [Line Items]
Share repurchases							$ 50,511,000	$ 10,279,000			$ 42,821,000
Cash dividend declared per share (in dollars per share)						$ 0.300			$ 0.300	$ 0.30	$ 0.225	$ 3.150	$ 0.825
2025 Q1 Special Dividend
Class of Stock [Line Items]
Cash dividend declared per share (in dollars per share)								$ 2.25
2025 Q1 Quarterly Dividend
Class of Stock [Line Items]
Cash dividend declared per share (in dollars per share)								$ 0.30
Senior Notes | 2024 Notes
Class of Stock [Line Items]
Dividend threshold for conversion rate and conversion price adjustment (in dollars per share)					$ 0.1125
Senior Notes | 2028 Notes
Class of Stock [Line Items]
Dividend threshold for conversion rate and conversion price adjustment (in dollars per share)		$ 0.225
Share Repurchase Program
Class of Stock [Line Items]
Authorized amount for repurchase														$ 200,000,000		$ 200,000,000
Stock repurchase program, authorized amount, increase during period	$ 100,000,000		$ 1,400,000
Remaining purchase amount authorized						$ 139,800,000						$ 139,800,000			$ 0
Share repurchases (in shares)						0			0			2,600,000	2,200,000
Share repurchases		$ 10,300,000	$ 21,300,000	$ 42,800,000								$ 60,800,000	$ 42,800,000

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Cash Dividend Declared Per Share (Details) - $ / shares	3 Months Ended				9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023	Jul. 29, 2023	Apr. 29, 2023	Nov. 02, 2024	Oct. 28, 2023
Equity [Abstract]
Cash dividend declared per share (in dollars per share)	$ 0.300	$ 0.300	$ 0.30	$ 0.225	$ 3.150	$ 0.825

Stockholders' Equity - Schedu_2

Stockholders' Equity - Schedule of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Nov. 02, 2024	Aug. 03, 2024	May 04, 2024	Oct. 28, 2023	Jul. 29, 2023	Apr. 29, 2023	Nov. 02, 2024	Oct. 28, 2023
Accumulated other comprehensive income (loss), net of tax
Beginning balance gain (loss)	$ 531,643	$ 607,332	$ 734,794	$ 533,821	$ 493,058	$ 572,751	$ 734,794	$ 572,751
Net other comprehensive income (loss)	(7,510)	(4,003)	599	(23,648)	9,302	(4,095)
Ending balance gain	490,012	531,643	607,332	557,130	533,821	493,058	490,012	557,130
Total
Accumulated other comprehensive income (loss), net of tax
Beginning balance gain (loss)	(137,658)	(137,048)	(137,010)	(132,557)	(139,477)	(134,073)	(137,010)	(134,073)
Gains (losses) arising during the period	(5,777)			(20,609)			(8,065)	(13,403)
Reclassification to net earnings (loss) for (gains) losses realized	(406)			16			1,234	(5,674)
Net other comprehensive income (loss)	(6,183)	(610)	(38)	(20,593)	6,920	(5,404)	(6,831)	(19,077)
Ending balance gain	(143,841)	(137,658)	(137,048)	(153,150)	(132,557)	(139,477)	(143,841)	(153,150)
Foreign Currency Translation Adjustment
Accumulated other comprehensive income (loss), net of tax
Beginning balance gain (loss)	(137,667)		(136,115)	(123,169)		(129,168)	(136,115)	(129,168)
Gains (losses) arising during the period	(7,542)			(26,663)			(9,094)	(20,664)
Reclassification to net earnings (loss) for (gains) losses realized	0			0			0	0
Net other comprehensive income (loss)	(7,542)			(26,663)			(9,094)	(20,664)
Ending balance gain	(145,209)	(137,667)		(149,832)	(123,169)		(145,209)	(149,832)
Derivative Financial Instruments Designated as Cash Flow Hedges
Accumulated other comprehensive income (loss), net of tax
Beginning balance gain (loss)	476		(544)	(5,805)		(1,584)	(544)	(1,584)
Gains (losses) arising during the period	1,688			5,870			1,001	7,383
Reclassification to net earnings (loss) for (gains) losses realized	(372)			(6)			1,335	(5,740)
Net other comprehensive income (loss)	1,316			5,864			2,336	1,643
Ending balance gain	1,792	476		59	(5,805)		1,792	59
Defined Benefit Plans
Accumulated other comprehensive income (loss), net of tax
Beginning balance gain (loss)	(467)		$ (351)	(3,583)		$ (3,321)	(351)	(3,321)
Gains (losses) arising during the period	77			184			28	(122)
Reclassification to net earnings (loss) for (gains) losses realized	(34)			22			(101)	66
Net other comprehensive income (loss)	43			206			(73)	(56)
Ending balance gain	$ (424)	$ (467)		$ (3,377)	$ (3,583)		$ (424)	$ (3,377)

Stockholders' Equity - Schedu_3

Stockholders' Equity - Schedule of Reclassifications Out of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Nov. 02, 2024	Aug. 03, 2024	May 04, 2024	Oct. 28, 2023	Jul. 29, 2023	Apr. 29, 2023	Nov. 02, 2024	Oct. 28, 2023
Reclassifications out of accumulated other comprehensive income (loss) to net earnings (loss)
Cost of product sales	$ 416,641			$ 360,000			$ 1,173,100	$ 1,067,882
Interest expense	8,131			5,923			22,212	15,883
Other expense, net	45,826			11,004			49,932	18,227
Income tax expense (benefit)	11,687			(18,277)			18,771	(5,370)
Total reclassifications during the period	20,755	$ 8,636	$ (15,906)	(59,304)	$ (41,962)	$ 10,694	13,485	(90,572)
Reclassifications out of accumulated other comprehensive income (loss)
Reclassifications out of accumulated other comprehensive income (loss) to net earnings (loss)
Total reclassifications during the period	(406)			16			1,234	(5,674)
Reclassifications out of accumulated other comprehensive income (loss) | Derivative financial instruments designated as cash flow hedges
Reclassifications out of accumulated other comprehensive income (loss) to net earnings (loss)
Cost of product sales	(418)			130			1,683	(6,074)
Interest expense	0			(158)			(212)	(434)
Income tax expense (benefit)	46			22			(136)	768
Total reclassifications during the period	(372)			(6)			1,335	(5,740)
Reclassifications out of accumulated other comprehensive income (loss) | Net actuarial (gain) loss amortization
Reclassifications out of accumulated other comprehensive income (loss) to net earnings (loss)
Other expense, net	(2)			64			(9)	191
Reclassifications out of accumulated other comprehensive income (loss) | Prior service credit amortization
Reclassifications out of accumulated other comprehensive income (loss) to net earnings (loss)
Other expense, net	(42)			(40)			(122)	(119)
Reclassifications out of accumulated other comprehensive income (loss) | Defined benefit plans
Reclassifications out of accumulated other comprehensive income (loss) to net earnings (loss)
Income tax expense (benefit)	10			(2)			30	(6)
Total reclassifications during the period	$ (34)			$ 22			$ (101)	$ 66

Accounts Receivable (Details)

Accounts Receivable (Details) - USD ($) $ in Thousands	Nov. 02, 2024	Feb. 03, 2024
Accounts receivable
Accounts receivable, gross	$ 390,641	$ 321,945
Less allowances	7,274	7,176
Accounts receivable, net	383,367	314,769
Trade
Accounts receivable
Accounts receivable, gross	346,592	305,900
Royalty
Accounts receivable
Accounts receivable, gross	33,519	9,334
Other
Accounts receivable
Accounts receivable, gross	$ 10,530	$ 6,711

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Nov. 02, 2024	Feb. 03, 2024
Inventory Disclosure [Abstract]
Raw materials	$ 3,871	$ 1,488
Work in progress	49	3
Finished goods	671,832	464,806
Inventories	675,752	466,297
Allowance to write down inventories to the lower of cost or net realizable value	$ 25,800	$ 25,500

Income Taxes (Details)

Income Taxes (Details) $ in Thousands, SFr in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Nov. 02, 2024 USD ($)	Oct. 28, 2023 USD ($)	Nov. 02, 2024 USD ($)	Oct. 28, 2023 USD ($)	Feb. 03, 2024 USD ($)	Feb. 03, 2024 CHF (SFr)	Jan. 28, 2023 USD ($)	Feb. 01, 2020 USD ($)
Operating Loss Carryforwards [Line Items]
Effective income tax rate (as a percent)			355.10%	(6.30%)
Unrealized loss on the fair value remeasurement of derivatives			$ 41,795	$ 0
Income tax expense	$ 11,687	$ (18,277)	18,771	$ (5,370)
Accrual for uncertain tax positions including penalties and interest	67,700		67,700		$ 63,400
Accrual for estimated transition tax	19,900		19,900		19,900
Accrual for transfer of intellectual property rights	20,600		20,600		20,600
Undistributed earnings of foreign subsidiaries subject to repatriation	$ 73,300		$ 73,300
Swiss Federal Tax Administration (FTA)
Operating Loss Carryforwards [Line Items]
Income tax benefit recognized related to tax reform								$ 8,100
Income tax expense					5,800		$ 2,300
Write off of tax benefit related to the value of income tax basis step-up of the Switzerland subsidiary's assets					$ 8,100
Switzerland
Operating Loss Carryforwards [Line Items]
Net tax benefit related to the consolidation of certain business functions into Switzerland | SFr						SFr 33.7

Segment Information - Net Reven

Segment Information - Net Revenue and Earnings (Loss) from Operations (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2024 USD ($)	Oct. 28, 2023 USD ($)	Nov. 02, 2024 USD ($) segment	Oct. 28, 2023 USD ($)
Segment Reporting [Abstract]
Number of reportable segments | segment			5
Segment Reporting Information
Net revenue	$ 738,518	$ 651,170	$ 2,063,021	$ 1,885,480
Earnings from operations	42,276	54,773	70,164	118,451
Asset impairment charges	(1,091)	(1,737)	(4,509)	(6,293)
Net gains (losses) on lease modifications	718	(537)	718	1,894
Gain on sale of assets	0	0	13,781	0
Operating Segments
Segment Reporting Information
Net revenue	738,518	651,170	2,063,021	1,885,480
Earnings from operations	79,414	91,153	195,109	228,014
Corporate overhead
Segment Reporting Information
Earnings from operations	(36,765)	(34,106)	(134,935)	(105,164)
Reconciling items
Segment Reporting Information
Asset impairment charges	(1,091)	(1,737)	(4,509)	(6,293)
Net gains (losses) on lease modifications	718	(537)	718	1,894
Gain on sale of assets	0	0	13,781	0
Europe | Operating Segments
Segment Reporting Information
Net revenue	368,429	344,472	1,035,532	990,981
Earnings from operations	32,476	35,555	69,431	84,344
Americas Retail | Operating Segments
Segment Reporting Information
Net revenue	172,751	153,872	498,441	464,984
Earnings from operations	(7,487)	8,086	(15,185)	20,060
Americas Wholesale | Operating Segments
Segment Reporting Information
Net revenue	98,849	55,288	245,381	150,361
Earnings from operations	25,410	16,106	55,517	40,264
Asia | Operating Segments
Segment Reporting Information
Net revenue	65,478	64,498	192,566	194,210
Earnings from operations	(1,281)	636	1,236	3,927
Licensing | Operating Segments
Segment Reporting Information
Net revenue	33,011	33,040	91,101	84,944
Earnings from operations	$ 30,296	$ 30,770	$ 84,110	$ 79,419

Segment Information - Net Rev_2

Segment Information - Net Revenue by Location (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023	Nov. 02, 2024	Oct. 28, 2023
Segment Reporting Information
Net revenue	$ 738,518	$ 651,170	$ 2,063,021	$ 1,885,480
Product sales
Segment Reporting Information
Net revenue	705,507	618,130	1,971,920	1,800,536
Product sales | U.S.
Segment Reporting Information
Net revenue	198,955	133,613	542,794	412,746
Product sales | Italy
Segment Reporting Information
Net revenue	72,519	71,395	208,240	213,055
Product sales | Germany
Segment Reporting Information
Net revenue	52,326	47,179	137,615	127,503
Product sales | South Korea
Segment Reporting Information
Net revenue	39,097	41,642	118,788	124,132
Product sales | Spain
Segment Reporting Information
Net revenue	37,385	35,034	107,501	104,389
Product sales | Canada
Segment Reporting Information
Net revenue	33,244	38,968	95,134	109,178
Product sales | Mexico
Segment Reporting Information
Net revenue	31,977	31,426	92,226	78,978
Product sales | Other countries
Segment Reporting Information
Net revenue	240,004	218,873	669,622	630,555
Net royalties
Segment Reporting Information
Net revenue	$ 33,011	$ 33,040	$ 91,101	$ 84,944

Borrowings and Finance Lease _3

Borrowings and Finance Lease Obligations - Schedule of Borrowings and Finance Lease Obligations (Details) - USD ($) $ in Thousands	Nov. 02, 2024	Feb. 03, 2024
Debt Instrument [Line Items]
Term loans	$ 4,967	$ 12,060
Finance lease obligations	10,757	15,430
Mortgage debt	0	16,435
Borrowings under credit facilities	262,548	21,653
Other	2,870	3,413
Less current installments	42,836	40,781
Long-term debt and finance lease obligations	238,306	28,210
Long-term debt and finance lease liabilities, excluding convertible senior notes
Debt Instrument [Line Items]
Total debt and finance lease obligations	281,142	68,991
Less current installments	42,836	40,781
Long-term debt and finance lease obligations	$ 238,306	$ 28,210

Borrowings and Finance Lease _4

Borrowings and Finance Lease Obligations - Term Loans, Finance Lease Obligations and Mortgage Debt (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Nov. 02, 2024	Jan. 28, 2017	Feb. 03, 2024	May 01, 2023
Debt Instrument [Line Items]
Term loans	$ 4,967		$ 12,060
Finance lease obligations	10,757		15,430
Mortgage debt	0		16,435
Interest rate swap | Cash flow hedges | Derivatives designated as hedging instruments
Debt Instrument [Line Items]
Fixed rate of interest rate swap derivative (as a percent)				3.14%
Computer hardware and software and other equipment
Debt Instrument [Line Items]
Finance lease obligations	5,200		7,300
Europe | Equipment
Debt Instrument [Line Items]
Finance lease obligations	$ 5,600		8,100
Europe | Term Loans
Debt Instrument [Line Items]
Debt maturity period (in years)	1 year
Term loans	$ 5,000		$ 12,100
Europe | Term Loans | Minimum
Debt Instrument [Line Items]
Interest rate (as a percent)	1.50%
Europe | Term Loans | Maximum
Debt Instrument [Line Items]
Interest rate (as a percent)	6%
Europe | Finance lease | Equipment
Debt Instrument [Line Items]
Effective interest rate on finance lease obligations	4%
U.S. | Mortgage debt | Building
Debt Instrument [Line Items]
Debt maturity period (in years)		10 years
Mortgage debt		$ 21,500
Repayments of mortgage debt	$ 16,300

Borrowings and Finance Lease _5

Borrowings and Finance Lease Obligations - Credit Facilities (Details)		3 Months Ended	9 Months Ended	12 Months Ended
	Mar. 28, 2024 USD ($)	Aug. 03, 2024 EUR (€)	Nov. 02, 2024 USD ($)	Jan. 28, 2023 EUR (€)	Nov. 02, 2024 JPY (¥)	May 04, 2024 EUR (€)	Mar. 27, 2024 USD ($)	Feb. 03, 2024 USD ($)
Line of Credit Facility [Line Items]
Borrowings under credit facilities			$ 262,548,000					$ 21,653,000
China | Foreign line of credit
Line of Credit Facility [Line Items]
Maximum borrowing capacity			30,000,000
Borrowings under credit facilities			26,700,000					17,900,000
Japan | Foreign line of credit
Line of Credit Facility [Line Items]
Maximum borrowing capacity			6,500,000		¥ 1,000,000,000
Borrowings under credit facilities			2,900,000					3,700,000
2023 Credit Facility | Credit Facility
Line of Credit Facility [Line Items]
Borrowings under credit facilities			0					0
Revolving Credit Facility | 2023 Credit Facility | Credit Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 200,000,000						$ 150,000,000
Increase to maximum borrowing capacity	$ 50,000,000
Current borrowing capacity			192,300,000
Maximum increase to capacity			$ 100,000,000
Maximum increase adjustment to the interest margin based on achievement of annual sustainability key performance targets			0.05%
Maximum decrease adjustment to the interest margin based on achievement of annual sustainability key performance targets			0.05%
Maximum increase adjustment to the commitment fee percentage based on achievement of annual sustainability key performance targets			0.01%
Maximum decrease adjustment to the commitment fee percentage based on achievement of annual sustainability key performance targets			0.01%
Availability threshold percent for fixed charge coverage ratio requirement			10%		10%
Availability threshold amount for fixed charge coverage ratio requirement			$ 12,500,000
Revolving Credit Facility | 2022 Credit Facility | Credit Facility
Line of Credit Facility [Line Items]
Borrowings under credit facilities								0
Remaining borrowing capacity								269,700,000
Revolving Credit Facility | 2022 Credit Facility | Credit Facility | Guess Europe SAGL
Line of Credit Facility [Line Items]
Maximum borrowing capacity | €				€ 250,000,000		€ 250,000,000
Debt maturity period (in years)				5 years
Revolving Credit Facility | 2024 Credit Facility | Credit Facility
Line of Credit Facility [Line Items]
Borrowings under credit facilities			232,900,000
Remaining borrowing capacity			146,300,000
Revolving Credit Facility | 2024 Credit Facility | Credit Facility | Guess Europe SAGL
Line of Credit Facility [Line Items]
Maximum borrowing capacity | €		€ 350,000,000
Increase to maximum borrowing capacity | €		€ 100,000,000
Maximum increase adjustment to the interest margin based on achievement of annual sustainability key performance targets		0.05%
Maximum decrease adjustment to the interest margin based on achievement of annual sustainability key performance targets		0.05%
Commitment fee multiplier percentage on unused capacity		35%
Revolving Credit Facility | 2024 Credit Facility | Credit Facility | EURIBOR | Guess Europe SAGL
Line of Credit Facility [Line Items]
Minimum interest rate		0%
Revolving Credit Facility | 2024 Credit Facility | Credit Facility | Minimum | Guess Europe SAGL
Line of Credit Facility [Line Items]
Commitment fee margin on unused capacity (as a percent)		1.10%
Utilization fee percentage		0.10%
Revolving Credit Facility | 2024 Credit Facility | Credit Facility | Minimum | EURIBOR | Guess Europe SAGL
Line of Credit Facility [Line Items]
Interest rate margin (as a percent)		1.10%
Revolving Credit Facility | 2024 Credit Facility | Credit Facility | Maximum | Guess Europe SAGL
Line of Credit Facility [Line Items]
Commitment fee margin on unused capacity (as a percent)		1.45%
Utilization fee percentage		0.20%
Revolving Credit Facility | 2024 Credit Facility | Credit Facility | Maximum | EURIBOR | Guess Europe SAGL
Line of Credit Facility [Line Items]
Interest rate margin (as a percent)		1.45%
Foreign line of credit | 2023 Credit Facility | Credit Facility | Canada
Line of Credit Facility [Line Items]
Maximum borrowing capacity			$ 20,000,000
Foreign line of credit | 2023 Credit Facility | Credit Facility | Canada | Prime rate
Line of Credit Facility [Line Items]
Minimum interest rate			0%
Foreign line of credit | 2023 Credit Facility | Credit Facility | Canada | CORRA
Line of Credit Facility [Line Items]
Minimum interest rate			0%
Interest rate margin added to base rate			1%
Foreign line of credit | 2023 Credit Facility | Credit Facility | Canada | Minimum | Prime rate
Line of Credit Facility [Line Items]
Interest rate margin (as a percent)			0.25%
Foreign line of credit | 2023 Credit Facility | Credit Facility | Canada | Minimum | CORRA
Line of Credit Facility [Line Items]
Interest rate margin (as a percent)			1.25%
Foreign line of credit | 2023 Credit Facility | Credit Facility | Canada | Maximum | Prime rate
Line of Credit Facility [Line Items]
Interest rate margin (as a percent)			0.75%
Foreign line of credit | 2023 Credit Facility | Credit Facility | Canada | Maximum | CORRA
Line of Credit Facility [Line Items]
Interest rate margin (as a percent)			1.75%
Standby letters of credit | 2023 Credit Facility | Credit Facility
Line of Credit Facility [Line Items]
Letters of credit outstanding			$ 7,700,000					6,600,000
Documentary letters of credit | 2023 Credit Facility | Credit Facility
Line of Credit Facility [Line Items]
Letters of credit outstanding			$ 0					$ 0
U.S. line of credit | 2023 Credit Facility | Credit Facility | Base rate
Line of Credit Facility [Line Items]
Minimum interest rate			0%
U.S. line of credit | 2023 Credit Facility | Credit Facility | SOFR
Line of Credit Facility [Line Items]
Minimum interest rate			0%
Interest rate margin added to base rate			1%
U.S. line of credit | 2023 Credit Facility | Credit Facility | Federal Funds Rate
Line of Credit Facility [Line Items]
Interest rate margin added to base rate			0.50%
U.S. line of credit | 2023 Credit Facility | Credit Facility | Minimum | Base rate
Line of Credit Facility [Line Items]
Interest rate margin (as a percent)			0.25%
U.S. line of credit | 2023 Credit Facility | Credit Facility | Minimum | SOFR
Line of Credit Facility [Line Items]
Interest rate margin (as a percent)			1.25%
U.S. line of credit | 2023 Credit Facility | Credit Facility | Maximum | Base rate
Line of Credit Facility [Line Items]
Interest rate margin (as a percent)			0.75%
U.S. line of credit | 2023 Credit Facility | Credit Facility | Maximum | SOFR
Line of Credit Facility [Line Items]
Interest rate margin (as a percent)			1.75%

Convertible Senior Notes and _3

Convertible Senior Notes and Related Transactions - Exchange and Subscription Agreements, Narrative (Details)	1 Months Ended					3 Months Ended						9 Months Ended		12 Months Ended
	Apr. 30, 2024 USD ($) shares	Mar. 31, 2024 USD ($) $ / shares	Jan. 31, 2024 USD ($)	Apr. 29, 2023 USD ($) $ / shares	Apr. 30, 2019 USD ($) $ / shares	Nov. 02, 2024 USD ($) $ / shares	Aug. 03, 2024 USD ($)	May 04, 2024 USD ($) shares	Feb. 03, 2024 USD ($)	Oct. 28, 2023 USD ($)	Apr. 29, 2023 USD ($) $ / shares	Nov. 02, 2024 USD ($) $ / shares	Oct. 28, 2023 USD ($)	Feb. 03, 2024 USD ($)
Debt Instrument [Line Items]
Repayment of convertible senior notes												$ 33,292,000	$ 0
Net proceeds from issuance of convertible senior notes												0	80,324,000
Share repurchases							$ 50,511,000	$ 10,279,000			$ 42,821,000
Loss on extinguishment of debt						$ 0		2,000,000	$ 4,700,000	$ 0	7,700,000	1,952,000	7,696,000
Fair value of embedded derivative						$ 7,800,000						7,800,000
Common Stock
Debt Instrument [Line Items]
Share repurchases							23,000	$ 3,000			22,000
Settlement of convertible senior notes (in shares) | shares	122,313							122,313
Exercise of convertible notes hedges (in shares) | shares								90,729
Treasury Stock
Debt Instrument [Line Items]
Share repurchases							$ 50,511,000	$ 10,279,000			42,821,000
Settlement of convertible senior notes (in shares) | shares								122,313
Exercise of convertible notes hedges (in shares) | shares	90,729							90,729
Share Repurchase Program
Debt Instrument [Line Items]
Share repurchases		$ 10,300,000	$ 21,300,000	$ 42,800,000								$ 60,800,000	$ 42,800,000
2028 Notes | Senior Notes
Debt Instrument [Line Items]
Interest rate (as a percent)		3.75%
Conversion price (in dollars per share) | $ / shares						$ 22.22						$ 22.22
Dividend threshold for conversion rate and conversion price adjustment (in dollars per share) | $ / shares		$ 0.225
Percentage of principal and interest that the Company may be required to purchase in the event of a fundamental change		100%
Minimum percentage of holders of the notes which may be able to declare the Notes to be due and payable upon the occurrence of certain events of default		25%
Percentage of principal and interest that may be declared due and payable upon the occurrence of certain events of default		100%
Initial 2028 Notes | Senior Notes
Debt Instrument [Line Items]
Face amount				$ 275,000,000							$ 275,000,000
Interest rate (as a percent)				3.75%							3.75%
Convertible senior notes issued upon exchange				$ 163,000,000
Net proceeds from issuance of convertible senior notes				$ 112,000,000
Principal amount outstanding						$ 275,000,000			275,000,000			$ 275,000,000		$ 275,000,000
Conversion ratio				0.0404858
Conversion price (in dollars per share) | $ / shares				$ 24.70							$ 24.70
Debt issuance costs incurred														5,900,000
Additional 2028 Notes | Senior Notes
Debt Instrument [Line Items]
Principal amount outstanding						76,947,000			64,826,000			76,947,000		64,826,000
Fair value of embedded derivative						7,760,000			16,390,000			7,760,000		16,390,000
Debt discount		$ 11,800,000
January Additional 2028 Notes | Senior Notes
Debt Instrument [Line Items]
Interest rate (as a percent)			3.75%
Convertible senior notes issued upon exchange			$ 64,800,000
Fair value of debt			71,900,000
Debt issuance costs incurred														2,000,000
March Additional 2028 Notes | Senior Notes
Debt Instrument [Line Items]
Interest rate (as a percent)		3.75%
Convertible senior notes issued upon exchange		$ 12,100,000
Fair value of debt		16,700,000
Debt issuance costs incurred								$ 900,000
2024 Notes | Senior Notes
Debt Instrument [Line Items]
Face amount					$ 300,000,000
Interest rate (as a percent)					2%
Original convertible senior notes exchanged		14,600,000	67,100,000	$ 184,900,000
Repayment of convertible senior notes	$ 33,300,000			33,300,000
Principal amount outstanding		$ 33,500,000	$ 48,100,000	$ 115,100,000		$ 0			$ 48,078,000		$ 115,100,000	$ 0		48,078,000
Percentage of exchanged notes accounted for as an extinguishment of debt				74%							74%
Percentage of exchanged notes accounted for as a modification of debt				26%							26%
Conversion ratio					0.0387879
Conversion price (in dollars per share) | $ / shares					$ 25.78
Dividend threshold for conversion rate and conversion price adjustment (in dollars per share) | $ / shares					$ 0.1125
Debt issuance costs expensed														$ 500,000
Debt issuance costs capitalized					$ 5,300,000
Debt settled	$ 33,500,000
2024 Notes | Senior Notes | Initial Purchasers
Debt Instrument [Line Items]
Debt issuance costs capitalized					3,800,000
2024 Notes | Senior Notes | Third Party Offerers
Debt Instrument [Line Items]
Debt issuance costs capitalized					$ 1,500,000

Convertible Senior Notes and _4

Convertible Senior Notes and Related Transactions - Components of Convertible Notes (Details) - USD ($)	3 Months Ended		9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023	Nov. 02, 2024	Oct. 28, 2023	Mar. 31, 2024	Feb. 03, 2024	Jan. 31, 2024	Apr. 29, 2023
Debt Instrument [Line Items]
Embedded derivative	$ 7,800,000		$ 7,800,000
Senior Notes | 2024 Notes
Debt Instrument [Line Items]
Principal	0		0		$ 33,500,000	$ 48,078,000	$ 48,100,000	$ 115,100,000
Unamortized debt issuance costs	0		0			(30,000)
Net carrying amount	0		0			48,048,000
Senior Notes | 2024 Notes | Level 2
Debt Instrument [Line Items]
Fair value of debt	0		0			49,182,000
Senior Notes | Initial and Additional 2028 Notes
Debt Instrument [Line Items]
Net carrying amount	340,617,000		340,617,000			336,717,000
Senior Notes | Initial 2028 Notes
Debt Instrument [Line Items]
Principal	275,000,000		275,000,000			275,000,000
Unamortized debt discount and issuance costs	(6,726,000)		(6,726,000)			(8,034,000)
Net carrying amount	$ 268,274,000		$ 268,274,000			266,966,000
Discount amortization period			5 years
Effective interest rate	4.50%	4.50%	4.50%	4.50%
Senior Notes | Initial 2028 Notes | Level 2
Debt Instrument [Line Items]
Fair value of debt	$ 272,289,000		$ 272,289,000			295,550,000
Senior Notes | Additional 2028 Notes
Debt Instrument [Line Items]
Principal	76,947,000		76,947,000			64,826,000
Unamortized debt discount and issuance costs	(12,364,000)		(12,364,000)			(11,465,000)
Embedded derivative	7,760,000		7,760,000			16,390,000
Net carrying amount	$ 72,343,000		$ 72,343,000			69,751,000
Effective interest rate	9.30%		9.30%
Senior Notes | Additional 2028 Notes | Level 2
Debt Instrument [Line Items]
Fair value of debt	$ 73,466,000		$ 73,466,000			$ 60,099,000

Convertible Senior Notes and _5

Convertible Senior Notes and Related Transactions - Components of Interest Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023	Nov. 02, 2024	Oct. 28, 2023
Debt Instrument [Line Items]
Amortization of debt discount and issuance costs			$ 4,065	$ 1,656
Senior Notes | 2024 Notes
Debt Instrument [Line Items]
Coupon interest	$ 0	$ 325	334	2,247
Amortization of debt discount and issuance costs	0	50	28	334
Total	0	375	362	2,581
Senior Notes | Initial 2028 Notes
Debt Instrument [Line Items]
Coupon interest	2,578	2,578	7,734	5,557
Amortization of debt discount and issuance costs	435	415	1,307	894
Total	3,013	2,993	9,041	6,451
Senior Notes | Additional 2028 Notes
Debt Instrument [Line Items]
Coupon interest	721	0	2,088	0
Amortization of debt discount and issuance costs	774	0	2,211	0
Total	$ 1,495	$ 0	$ 4,299	$ 0

Convertible Senior Notes and _6

Convertible Senior Notes and Related Transactions - Convertible Bond Hedge and Warrant Transactions, Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended			6 Months Ended	9 Months Ended
	Mar. 31, 2024	Jan. 31, 2024	Apr. 29, 2023	Nov. 02, 2024	Nov. 02, 2024	Oct. 28, 2023
Debt Instrument [Line Items]
Proceeds from issuance of warrant					$ 3,665	$ 20,158
Proceeds from termination of convertible senior note hedge					1,347	7,235
Payments for terminated warrants					548	1,024
Amount paid to purchase bond hedge					6,538	$ 51,838
2028 Bond Hedge
Debt Instrument [Line Items]
Derivative assets		$ 84,700		$ 35,500	$ 35,500
Additional 2028 Bond Hedge
Debt Instrument [Line Items]
Derivative assets		16,200
Initial 2028 Bond Hedge
Debt Instrument [Line Items]
Derivative assets		68,500
2028 Notes | Senior Notes
Debt Instrument [Line Items]
Strike price of warrants (in dollars per share)				$ 37.61	$ 37.61
Initial 2028 Notes | Senior Notes
Debt Instrument [Line Items]
Option to purchase, number of shares (in shares)			11,100,000
Strike price (in dollars per share)			$ 24.70		$ 22.22
Convertible note hedge cost			$ 51,800
Warrant holders option to purchase common stock (in shares)			11,100,000
Strike price of warrants (in dollars per share)			$ 41.80			$ 41.51
Proceeds from issuance of warrant			$ 20,200
Dividend threshold for strike price adjustment (in dollars per share)			$ 0.225
Increase in additional paid-In capital due to reclassification of bond hedge		68,500
January Additional 2028 Notes | Senior Notes
Debt Instrument [Line Items]
Proceeds from issuance of warrant		5,800
Amount paid to purchase bond hedge		16,200
March Additional 2028 Notes | Senior Notes
Debt Instrument [Line Items]
Proceeds from issuance of warrant	$ 3,700
Amount paid to purchase bond hedge	$ 6,500
2024 Notes | Senior Notes
Debt Instrument [Line Items]
Option to purchase, number of shares (in shares)	1,300,000		4,600,000	0
Strike price (in dollars per share)			$ 24.92
Warrant holders option to purchase common stock (in shares)	1,300,000		4,600,000	300,000	300,000
Strike price of warrants (in dollars per share)			$ 45.31	$ 40.65	$ 40.65	$ 44.53
Dividend threshold for strike price adjustment (in dollars per share)			$ 0.1125
Original convertible senior notes exchanged	$ 14,600	67,100	$ 184,900
Proceeds from termination of convertible senior note hedge	1,300	1,900	7,200
Payments for terminated warrants	500	100	1,000
Net increase to additional paid-in-capital related to termination of convertible note hedge transactions and warrants	$ 800	$ 1,800	$ 6,200

Share-Based Compensation - Sche

Share-Based Compensation - Schedule of Share-based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023	Nov. 02, 2024	Oct. 28, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 4,849	$ 4,877	$ 13,855	$ 14,952
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	28	37	127	131
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	0	0	0	713
Stock awards/units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 4,821	$ 4,840	$ 13,728	$ 14,108

Share-Based Compensation - Narr

Share-Based Compensation - Narrative (Details) - USD ($)				9 Months Ended
	Oct. 08, 2024	May 31, 2024	Mar. 29, 2024	Nov. 02, 2024	May 30, 2024
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost related to nonvested stock options				$ 0
Weighted average period for recognition of unrecognized compensation cost				1 year 8 months 12 days
Equity Incentive Plan 2004
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of additional shares authorized (in shares)		3,890,000
Authorized number of shares (in shares)		33,670,000			29,780,000
Stock awards/units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost related to nonvested stock awards/units				$ 35,400,000
Equity award granted (in shares)			375,800
Performance-based or Market-based units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity award granted (in shares)	427,265
Performance-based units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity award granted (in shares)				234,498
Performance-based units | Vesting, Tranche one
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period				1 year
Performance-based units | Minimum | Vesting, Tranches after initial vesting period
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period				2 years
Performance-based units | Maximum | Vesting, Tranches after initial vesting period
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period				3 years
Market-based units | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Target vesting percentage				0%
Market-based units | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Target vesting percentage				150%
Market Based Shares - TSR
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period				3 years
Market Based Shares - Stock Price Levels
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period				4 years

Share-Based Compensation - Sc_2

Share-Based Compensation - Schedule of Equity Instrument Activity (Details)	9 Months Ended
	Nov. 02, 2024 $ / shares shares
Performance-based units
Number of Units
Balance at beginning of period (in shares)	376,916
Granted (in shares)	234,498
Vested (in shares)	(112,590)
Forfeited (in shares)	(1,983)
Balance at end of period (in shares)	496,841
Weighted Average Grant Date Fair Value
Balance at beginning of period (in dollars per share) | $ / shares	$ 18.36
Granted (in dollars per share) | $ / shares	19.19
Vested (in dollars per share) | $ / shares	18.14
Forfeited (in dollars per share) | $ / shares	19.83
Balance at end of period (in dollars per share) | $ / shares	$ 18.79
Market-based units
Number of Units
Balance at beginning of period (in shares)	722,780
Granted (in shares)	235,917
Vested (in shares)	(172,601)
Forfeited (in shares)	(2,509)
Balance at end of period (in shares)	783,587
Weighted Average Grant Date Fair Value
Balance at beginning of period (in dollars per share) | $ / shares	$ 19.55
Granted (in dollars per share) | $ / shares	20.35
Vested (in dollars per share) | $ / shares	17.77
Forfeited (in dollars per share) | $ / shares	20.90
Balance at end of period (in dollars per share) | $ / shares	$ 20.18
Market-based units | Fiscal 2025
Number of Units
Vested (in shares)	(43,150)

Related Party Transactions (Det

Related Party Transactions (Details) $ in Millions

1 Months Ended

3 Months Ended

9 Months Ended

12 Months Ended

Dec. 01, 2023

Aug. 31, 2023 USD ($)

Aug. 31, 2023 CAD ($)

May 31, 2023

Apr. 29, 2023 USD ($)

Jun. 30, 2022

May 31, 2022

Nov. 02, 2024 USD ($) lease

Oct. 28, 2023 USD ($)

Nov. 02, 2024 USD ($) lease

Oct. 28, 2023 USD ($)

Jan. 30, 2021 USD ($)

Feb. 03, 2024 USD ($)

Oct. 31, 2023

Related Party Transaction [Line Items]

Lease costs

$ 89,679,000

$ 80,379,000

$ 264,904,000

$ 238,448,000

Revenue

$ 738,518,000

$ 651,170,000

$ 2,063,021,000

1,885,480,000

Marciano Entities | Privately-Held Men's Footwear Company

Related Party Transaction [Line Items]

Equity method ownership percentage

45%

45%

Marciano Entities | Privately-Held Fashion Accessories Company

Related Party Transaction [Line Items]

Equity method ownership percentage

16%

16%

Marciano Entities | Beverage Company

Related Party Transaction [Line Items]

Equity method ownership percentage

15%

15%

Maurice Marciano | Privately-Held Men's Footwear Company

Related Party Transaction [Line Items]

Equity method ownership percentage

22.50%

22.50%

Maurice Marciano | Privately-Held Fashion Accessories Company

Related Party Transaction [Line Items]

Equity method ownership percentage

8%

8%

Maurice Marciano | Beverage Company

Related Party Transaction [Line Items]

Equity method ownership percentage

7.50%

7.50%

Paul Marciano | Privately-Held Men's Footwear Company

Related Party Transaction [Line Items]

Equity method ownership percentage

22.50%

22.50%

Paul Marciano | Privately-Held Fashion Accessories Company

Related Party Transaction [Line Items]

Equity method ownership percentage

8%

8%

Paul Marciano | Beverage Company

Related Party Transaction [Line Items]

Equity method ownership percentage

7.50%

7.50%

Carlos Alberini | Privately-Held Fashion Accessories Company

Related Party Transaction [Line Items]

Equity method ownership percentage

4%

4%

Nicolai Marciano | Beverage Company

Related Party Transaction [Line Items]

Equity method ownership percentage

1.40%

1.40%

Aircraft | Marciano Entities

Related Party Transaction [Line Items]

Property, plant and equipment ownership percentage

100%

100%

Aircraft | Maurice Marciano

Related Party Transaction [Line Items]

Property, plant and equipment ownership percentage

50%

50%

Aircraft | Paul Marciano

Related Party Transaction [Line Items]

Property, plant and equipment ownership percentage

50%

50%

Charitable Contributions, Monetary and Product

Related Party Transaction [Line Items]

Amounts of related party transaction

$ 124,000

505,000

Charitable Contribution, Monetary

Related Party Transaction [Line Items]

Amounts of related party transaction

$ 22,000

22,000

California | Building | Marciano Entities

Related Party Transaction [Line Items]

Property, plant and equipment ownership percentage

100%

100%

California | Building | Maurice Marciano

Related Party Transaction [Line Items]

Property, plant and equipment ownership percentage

56.30%

56.30%

California | Building | Paul Marciano

Related Party Transaction [Line Items]

Property, plant and equipment ownership percentage

43.70%

43.70%

Canada | Building | Marciano Entities

Related Party Transaction [Line Items]

Property, plant and equipment ownership percentage

100%

100%

Canada | Building | Maurice Marciano

Related Party Transaction [Line Items]

Property, plant and equipment ownership percentage

50%

50%

Canada | Building | Paul Marciano

Related Party Transaction [Line Items]

Property, plant and equipment ownership percentage

50%

50%

France | Building | Marciano Entities

Related Party Transaction [Line Items]

Property, plant and equipment ownership percentage

66.70%

66.70%

France | Building | Maurice Marciano

Related Party Transaction [Line Items]

Property, plant and equipment ownership percentage

33.30%

33.30%

France | Building | Paul Marciano

Related Party Transaction [Line Items]

Property, plant and equipment ownership percentage

33.30%

33.30%

Related Parties

Related Party Transaction [Line Items]

Charitable donation of product

$ 102,000

483,000

Marciano Entities | Aircraft Charter Fees

Related Party Transaction [Line Items]

Amounts of related party transaction

$ 2,300,000

2,600,000

Marciano Entities | Related Parties

Related Party Transaction [Line Items]

Number of leases under related party lease agreements | lease

4

4

Marciano Entities | Related Parties | Privately-Held Men's Footwear Company

Related Party Transaction [Line Items]

Equity method ownership percentage

30%

30%

Marciano Entities | Related Parties | Co-branding Collaboration Arrangement | Collaborative Arrangement, Transaction with Party to Collaborative Arrangement

Related Party Transaction [Line Items]

Fee per the agreement

$ 100,000

Marciano Entities | Related Parties | California

Related Party Transaction [Line Items]

Number of leases under related party lease agreements | lease

2

2

Marciano Entities | Related Parties | California | Related Party Leases

Related Party Transaction [Line Items]

Lease costs

$ 5,800,000

5,600,000

Marciano Entities | Related Parties | Canada

Related Party Transaction [Line Items]

Extension (in years)

3 years

3 years

Base rent per year

$ 400,000

$ 0.6

Marciano Entities | Related Parties | Canada | Related Party Leases

Related Party Transaction [Line Items]

Lease costs

300,000

300,000

Marciano Entities | Related Parties | France | Related Party Leases

Related Party Transaction [Line Items]

Lease costs

1,000,000

900,000

Maurice Marciano | Aircraft Charter Fees

Related Party Transaction [Line Items]

Amounts of related party transaction

1,000,000

1,000,000

Maurice Marciano | Privately-Held Fashion Accessories Company, Vendor purchases

Related Party Transaction [Line Items]

Amounts of related party transaction

221,000

242,000

Maurice Marciano | Related Parties | California | Related Party Leases

Related Party Transaction [Line Items]

Lease costs

3,300,000

3,200,000

Maurice Marciano | Related Parties | Canada | Related Party Leases

Related Party Transaction [Line Items]

Lease costs

160,000

160,000

Maurice Marciano | Related Parties | France | Related Party Leases

Related Party Transaction [Line Items]

Lease costs

300,000

300,000

Paul Marciano | Aircraft Charter Fees

Related Party Transaction [Line Items]

Amounts of related party transaction

1,000,000

1,000,000

Paul Marciano | Privately-Held Fashion Accessories Company, Vendor purchases

Related Party Transaction [Line Items]

Amounts of related party transaction

221,000

242,000

Paul Marciano | Related Parties | California | Related Party Leases

Related Party Transaction [Line Items]

Lease costs

2,500,000

2,400,000

Paul Marciano | Related Parties | Canada | Related Party Leases

Related Party Transaction [Line Items]

Lease costs

160,000

160,000

Paul Marciano | Related Parties | France | Related Party Leases

Related Party Transaction [Line Items]

Lease costs

300,000

300,000

Marciano Entities, Privately-Held Men's Footwear Company

Related Party Transaction [Line Items]

Interest rate for line of credit provided (in percent)

2.75%

Marciano Entities, Privately-Held Men's Footwear Company | Fulfillment Services Agreement

Related Party Transaction [Line Items]

Cost-plus percentage

5%

Marciano Entities, Privately-Held Men's Footwear Company | Distributorship Agreement

Related Party Transaction [Line Items]

Discount percentage

22%

35%

Agreement term

15 months

Annual advertising commitment percentage

2%

Marciano Entities, Privately-Held Men's Footwear Company | Distributorship Agreement, Fees paid

Related Party Transaction [Line Items]

Amounts of related party transaction

314,000

26,000

Marciano Entities, Privately-Held Men's Footwear Company | Related Parties

Related Party Transaction [Line Items]

Line of credit provided

$ 2,000,000

Line of credit extension term

3 years

Note receivable

$ 1,100,000

1,100,000

$ 600,000

Marciano Entities, Privately-Held Men's Footwear Company | Related Parties | Credit Facility

Related Party Transaction [Line Items]

Interest rate margin (as a percent)

1.75%

Marciano Entities, Privately-Held Men's Footwear Company | Related Parties | Related Party Leases

Related Party Transaction [Line Items]

Revenue

8,700

13,000

Marciano Entities, Privately-Held Men's Footwear Company | Related Parties | Fulfillment Services Agreement

Related Party Transaction [Line Items]

Revenue

2,500

9,500

Privately-Held Fashion Accessories Company | Privately-Held Fashion Accessories Company, Vendor purchases

Related Party Transaction [Line Items]

Amounts of related party transaction

2,800,000

3,000,000

Carlos Alberini | Privately-Held Fashion Accessories Company, Vendor purchases

Related Party Transaction [Line Items]

Amounts of related party transaction

$ 111,000

$ 121,000

Commitments and Contingencies -

Commitments and Contingencies - Investment Commitments (Details) - Nov. 02, 2024 € in Millions, $ in Millions	USD ($)	EUR (€)
Fair Value Measured at Net Asset Value Per Share
Investment commitments
Unfunded commitment to invest in private equity fund	$ 4	€ 3.7

Commitments and Contingencies_2

Commitments and Contingencies - Legal and Other Proceedings (Details) € in Millions, $ in Millions	9 Months Ended
	Nov. 02, 2024 EUR (€) subsidiary	Nov. 02, 2024 USD ($) subsidiary	Nov. 02, 2024 USD ($)	Jan. 04, 2024 USD ($) director consultant
Settled litigation | Employee Retirement System of Rhode Island
Loss Contingencies [Line Items]
Number of new independent directors to be appointed to the Board | director				2
Number of new independent directors to be appointed to the Board that will be selected by ERSRI | director				1
Number of consultants to be on DEI Council | consultant				2
Number of consultants to be on DEI Council and selected by ERSRI | consultant				1
Settled litigation | Employee Retirement System of Rhode Island | Settlement Pursuant to Terms of Stipulation
Loss Contingencies [Line Items]
Gain contingency recognized | $				$ 22
Settled litigation | Employee Retirement System of Rhode Island | Recovery from the Insurers Involved in Pending Litigation
Loss Contingencies [Line Items]
Gain contingency not yet recorded | $				$ 8
Italy | Pending litigation | Customs tax audit and appeals | Europe
Loss Contingencies [Line Items]
Number of subsidiaries under audit by the Italian Customs Agency | subsidiary	1	1
Customs tax assessments including potential penalties and interest	€ 9.8		$ 10.6
Appealed customs tax assessments	9.7	$ 10.5
Italy | Pending litigation | Customs tax audit and appeals | Europe | Appeals Court
Loss Contingencies [Line Items]
Amount with appealed ruling in favor of the Company	8.5	9.2
Monetary damages awarded by court to the plaintiff	1.2	1.3
Italy | Pending litigation | Customs tax audit and appeals | Europe | Italian Supreme Court
Loss Contingencies [Line Items]
Amount being reconsidered in lower court	0.2	0.2
Italy | Settled litigation | Customs tax audit and appeals | Europe | Italian Supreme Court
Loss Contingencies [Line Items]
Amount with appealed ruling in favor of the Company	€ 1.5	$ 1.6

Commitments and Contingencies_3

Commitments and Contingencies - Redeemable Noncontrolling Interests (Details) $ in Thousands	1 Months Ended
	May 31, 2023 EUR (€)	Nov. 02, 2024 USD ($)	Nov. 02, 2024 EUR (€)	Feb. 03, 2024 USD ($)	Feb. 03, 2024 EUR (€)	Oct. 28, 2023 USD ($)	Apr. 30, 2023	Jan. 28, 2023 USD ($)	Jan. 28, 2023 EUR (€)
Loss Contingencies [Line Items]
Redeemable noncontrolling interests | $		$ 364		$ 522		$ 513		$ 9,154
Guess Brazil
Loss Contingencies [Line Items]
Ownership percentage		40%	40%
Redeemable noncontrolling interests | $		$ 400		$ 500
Guess CIS
Loss Contingencies [Line Items]
Ownership percentage							30%
Redeemable noncontrolling interests | €			€ 0		€ 0				€ 8,000,000
Payment to acquire noncontrolling interest | €	€ 8,000,000

Commitments and Contingencies_4

Commitments and Contingencies - Schedule of Reconciliation of Redeemable Noncontrolling Interest (Details) - USD ($) $ in Thousands	9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023
Redeemable Noncontrolling Interest [Roll Forward]
Beginning balance	$ 522	$ 9,154
Foreign currency translation adjustment	(158)	(60)
Purchase of redeemable noncontrolling interest	0	(8,581)
Ending balance	$ 364	$ 513

Defined Benefit Plans - Narrati

Defined Benefit Plans - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023	Nov. 02, 2024	Oct. 28, 2023	Feb. 03, 2024
SERP
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	$ 37.6		$ 37.6		$ 37.7
SERP benefit payments	0.5	$ 0.5	1.4	$ 1.4
SERP | Other income (expense)
Defined Benefit Plan Disclosure [Line Items]
Unrealized gains (losses) as a result of changes in value of the insurance policy investments, included in other expense	(0.3)	$ (4.2)	1.9	$ (4.1)
Foreign Pension Plans | Foreign Plan
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	59.9		59.9		56.3
Plan assets at fair value	52.5		52.5		49.4
Net liability	7.4		7.4		6.8
Other assets | SERP
Defined Benefit Plan Disclosure [Line Items]
Cash surrender values of the insurance policies held in a rabbi trust	$ 63.8		$ 63.8		$ 63.4

Defined Benefit Plans - Schedul

Defined Benefit Plans - Schedule of Components of Net Periodic Defined Pension Cost (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023	Nov. 02, 2024	Oct. 28, 2023
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 1,100	$ 932	$ 3,212	$ 2,780
Interest cost	691	693	2,055	2,077
Expected return on plan assets	(223)	(202)	(652)	(603)
Net amortization of unrecognized prior service credit	(42)	(40)	(122)	(119)
Net amortization of actuarial (gains) losses	(2)	64	(9)	191
Net periodic defined benefit pension cost	1,524	1,447	4,484	4,326
SERP
Defined Benefit Plan Disclosure [Line Items]
Service cost	0	0	0	0
Interest cost	441	465	1,324	1,396
Expected return on plan assets	0	0	0	0
Net amortization of unrecognized prior service credit	0	0	0	0
Net amortization of actuarial (gains) losses	(43)	0	(130)	0
Net periodic defined benefit pension cost	398	465	1,194	1,396
Foreign Pension Plans | Foreign Plan
Defined Benefit Plan Disclosure [Line Items]
Service cost	1,100	932	3,212	2,780
Interest cost	250	228	731	681
Expected return on plan assets	(223)	(202)	(652)	(603)
Net amortization of unrecognized prior service credit	(42)	(40)	(122)	(119)
Net amortization of actuarial (gains) losses	41	64	121	191
Net periodic defined benefit pension cost	$ 1,126	$ 982	$ 3,290	$ 2,930

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Fair Value Hierarchy for Assets and Liabilities (Details) - USD ($) $ in Thousands	Nov. 02, 2024	Feb. 03, 2024	Jan. 31, 2024
Assets and liabilities measured at fair value on a recurring basis
Assets:
Total assets	$ 38,289	$ 88,993
Liabilities:
Deferred compensation obligations	19,696	17,164
Total liabilities	27,625	35,256
Level 1 | Assets and liabilities measured at fair value on a recurring basis
Assets:
Total assets	0	0
Liabilities:
Deferred compensation obligations	0	0
Total liabilities	0	0
Level 2 | Assets and liabilities measured at fair value on a recurring basis
Assets:
Total assets	2,796	3,075
Liabilities:
Deferred compensation obligations	19,696	17,164
Total liabilities	19,865	18,866
Level 3 | Assets and liabilities measured at fair value on a recurring basis
Assets:
Total assets	35,493	85,918
Liabilities:
Deferred compensation obligations	0	0
Total liabilities	7,760	16,390
Foreign exchange currency contracts | Assets and liabilities measured at fair value on a recurring basis
Assets:
Derivative assets	2,796	2,278
Liabilities:
Derivative liabilities	169	1,702
Foreign exchange currency contracts | Level 1 | Assets and liabilities measured at fair value on a recurring basis
Assets:
Derivative assets	0	0
Liabilities:
Derivative liabilities	0	0
Foreign exchange currency contracts | Level 2 | Assets and liabilities measured at fair value on a recurring basis
Assets:
Derivative assets	2,796	2,278
Liabilities:
Derivative liabilities	169	1,702
Foreign exchange currency contracts | Level 3 | Assets and liabilities measured at fair value on a recurring basis
Assets:
Derivative assets	0	0
Liabilities:
Derivative liabilities	0	0
2028 Bond Hedge
Assets:
Derivative assets	35,500		$ 84,700
2028 Bond Hedge | Assets and liabilities measured at fair value on a recurring basis
Assets:
Derivative assets	35,493	85,918
2028 Bond Hedge | Level 1 | Assets and liabilities measured at fair value on a recurring basis
Assets:
Derivative assets	0	0
2028 Bond Hedge | Level 2 | Assets and liabilities measured at fair value on a recurring basis
Assets:
Derivative assets	0	0
2028 Bond Hedge | Level 3 | Assets and liabilities measured at fair value on a recurring basis
Assets:
Derivative assets	35,493	85,918
Embedded derivative | Assets and liabilities measured at fair value on a recurring basis
Liabilities:
Derivative liabilities	7,760	16,390
Embedded derivative | Level 1 | Assets and liabilities measured at fair value on a recurring basis
Liabilities:
Derivative liabilities	0	0
Embedded derivative | Level 2 | Assets and liabilities measured at fair value on a recurring basis
Liabilities:
Derivative liabilities	0	0
Embedded derivative | Level 3 | Assets and liabilities measured at fair value on a recurring basis
Liabilities:
Derivative liabilities	7,760	16,390
Interest rate swap | Assets and liabilities measured at fair value on a recurring basis
Assets:
Derivative assets	0	797
Interest rate swap | Level 1 | Assets and liabilities measured at fair value on a recurring basis
Assets:
Derivative assets	0	0
Interest rate swap | Level 2 | Assets and liabilities measured at fair value on a recurring basis
Assets:
Derivative assets	0	797
Interest rate swap | Level 3 | Assets and liabilities measured at fair value on a recurring basis
Assets:
Derivative assets	$ 0	$ 0

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details) $ in Thousands, € in Millions	3 Months Ended		9 Months Ended
	Nov. 02, 2024 USD ($)	Oct. 28, 2023 USD ($)	Nov. 02, 2024 USD ($)	Oct. 28, 2023 USD ($)	Nov. 02, 2024 EUR (€)	Feb. 03, 2024 USD ($)	Feb. 03, 2024 EUR (€)	Jan. 31, 2024 USD ($)
Fair value measurements
Embedded derivative	$ 7,800		$ 7,800
Alternative Investment, Type [Extensible Enumeration]	Private Equity Funds [Member]		Private Equity Funds [Member]		Private Equity Funds [Member]	Private Equity Funds [Member]	Private Equity Funds [Member]
Asset impairment charges	$ 1,091	$ 1,737	$ 4,509	$ 6,293
Impairment of property and equipment	800	1,600	3,700	6,000
ROU asset impairment charges	300	$ 0	800	$ 0
2028 Bond Hedge
Fair value measurements
Derivative assets	35,500		35,500					$ 84,700
Volatility increase
Fair value measurements
Embedded derivative	11,700		11,700
Volatility increase | 2028 Bond Hedge
Fair value measurements
Derivative assets	53,600		53,600
Volatility decrease
Fair value measurements
Embedded derivative	3,900		3,900
Volatility decrease | 2028 Bond Hedge
Fair value measurements
Derivative assets	17,800		17,800
Credit spread increase
Fair value measurements
Embedded derivative	8,200		8,200
Credit spread increase | 2028 Bond Hedge
Fair value measurements
Derivative assets	37,300		37,300
Credit spread decrease
Fair value measurements
Embedded derivative	7,400		7,400
Credit spread decrease | 2028 Bond Hedge
Fair value measurements
Derivative assets	33,800		33,800
Fair Value Measured at Net Asset Value Per Share
Fair value measurements
Unfunded commitment to invest in private equity fund	4,000		4,000		€ 3.7
Fair Value Measured at Net Asset Value Per Share | Other assets
Fair value measurements
Alternative investment	$ 8,600		$ 8,600		€ 8	$ 7,700	€ 7.1
Level 3 | Expected volatility
Fair value measurements
Derivative asset (liability) net, measurement input	0.30		0.30		0.30	0.30	0.30
Level 3 | Credit spread
Fair value measurements
Derivative asset (liability) net, measurement input	0.026		0.026		0.026	0.043	0.043
Level 3 | Volatility increase | Expected volatility
Fair value measurements
Derivative asset (liability) net, measurement input	0.40		0.40		0.40
Level 3 | Volatility decrease | Expected volatility
Fair value measurements
Derivative asset (liability) net, measurement input	0.20		0.20		0.20
Level 3 | Credit spread increase | Credit spread
Fair value measurements
Derivative asset (liability) net, measurement input	0.036		0.036		0.036
Level 3 | Credit spread decrease | Credit spread
Fair value measurements
Derivative asset (liability) net, measurement input	0.016		0.016		0.016

Fair Value Measurements - Sch_2

Fair Value Measurements - Schedule of Measurement Input Valuation Assumptions (Details) - Level 3	Nov. 02, 2024 year $ / shares	Feb. 03, 2024 year $ / shares
Expected volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset (liability) net, measurement input	0.30	0.30
Risk-free interest rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset (liability) net, measurement input	0.042	0.041
Credit spread
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset (liability) net, measurement input	0.026	0.043
Dividend yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset (liability) net, measurement input	0.071	0.052
Term to maturity (in years)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset (liability) net, measurement input | year	3.5	4.2
Stock price (in dollars per share)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative asset (liability) net, measurement input | $ / shares	16.97	22.86

Fair Value Measurements - Sch_3

Fair Value Measurements - Schedule of Reconciliation of Level 3 financial assets and liabilities (Details) $ in Thousands	9 Months Ended
	Nov. 02, 2024 USD ($)
Embedded derivatives
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Asset (liability), beginning balance	$ (16,390)
Initial bifurcation of embedded derivative	(6,538)
Gain (loss) on fair value remeasurement	15,168
Asset (liability), ending balance	(7,760)
2028 Bond Hedge
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Asset (liability), beginning balance	85,918
Purchase of Additional 2028 Bond Hedge	6,538
Gain (loss) on fair value remeasurement	(56,963)
Asset (liability), ending balance	$ 35,493

Derivative Financial Instrume_3

Derivative Financial Instruments - Narrative (Details) - USD ($)	9 Months Ended
	Nov. 02, 2024	Aug. 03, 2024	May 04, 2024	Feb. 03, 2024	Oct. 28, 2023	Jul. 29, 2023	Apr. 29, 2023	Jan. 28, 2023
Derivative [Line Items]
Net unrealized gain (loss) in AOCL	$ 490,012,000	$ 531,643,000	$ 607,332,000	$ 734,794,000	$ 557,130,000	$ 533,821,000	$ 493,058,000	$ 572,751,000
Unrealized gain on foreign exchange currency contracts to be recognized in cost of product sales over the following 12 months	1,600,000
Derivative Financial Instruments Designated as Cash Flow Hedges
Derivative [Line Items]
Net unrealized gain (loss) in AOCL	$ 1,792,000	$ 476,000		(544,000)	$ 59,000	$ (5,805,000)		$ (1,584,000)
Derivatives not designated as hedging instruments | Euro
Derivative [Line Items]
U.S. dollar forward contracts outstanding, maximum remaining maturity period (in months)	10 months
Interest rate swap
Derivative [Line Items]
Gain on settlement of derivative contract	$ 800,000
Interest rate swap | Derivative Financial Instruments Designated as Cash Flow Hedges
Derivative [Line Items]
Net unrealized gain (loss) in AOCL	0
Foreign exchange currency contracts | Derivative Financial Instruments Designated as Cash Flow Hedges
Derivative [Line Items]
Net unrealized gain (loss) in AOCL	1,800,000
Foreign exchange currency contracts | Derivatives not designated as hedging instruments | Euro
Derivative [Line Items]
Notional amount of derivative outstanding	$ 78,000,000			52,000,000
Europe | Cash flow hedges | Derivatives designated as hedging instruments
Derivative [Line Items]
U.S. dollar forward contracts outstanding, maximum remaining maturity period (in months)	14 months
Europe | Foreign exchange currency contracts | Cash flow hedges | Derivatives designated as hedging instruments
Derivative [Line Items]
Total notional amount of derivatives purchased	$ 245,000,000
Notional amount of derivative outstanding	$ 156,000,000			$ 104,000,000

Derivative Financial Instrume_4

Derivative Financial Instruments - Schedule of Fair Value of Derivatives (Details) - USD ($) $ in Thousands	Nov. 02, 2024	Feb. 03, 2024
ASSETS:
Derivatives, assets	$ 38,289	$ 88,993
LIABILITIES:
Derivatives, liabilities	7,929	18,092
Derivatives designated as hedging instruments | Cash flow hedges
ASSETS:
Derivatives, assets	2,063	2,387
LIABILITIES:
Derivatives, liabilities	84	763
Derivatives designated as hedging instruments | Foreign exchange currency contracts | Other current assets/Other assets | Cash flow hedges
ASSETS:
Derivatives, assets	2,063	1,590
Derivatives designated as hedging instruments | Foreign exchange currency contracts | Accrued expenses and other current liabilities | Cash flow hedges
LIABILITIES:
Derivatives, liabilities	84	763
Derivatives designated as hedging instruments | Interest rate swap | Other assets | Cash flow hedges
ASSETS:
Derivatives, assets	0	797
Derivatives not designated as hedging instruments
ASSETS:
Derivatives, assets	36,226	86,606
LIABILITIES:
Derivatives, liabilities	7,845	17,329
Derivatives not designated as hedging instruments | Foreign exchange currency contracts | Other current assets
ASSETS:
Derivatives, assets	733	688
Derivatives not designated as hedging instruments | Foreign exchange currency contracts | Accrued expenses and other current liabilities
LIABILITIES:
Derivatives, liabilities	85	939
Derivatives not designated as hedging instruments | 2028 Bond Hedge | Other assets
ASSETS:
Derivatives, assets	35,493	85,918
Derivatives not designated as hedging instruments | Embedded derivative | Convertible senior notes due 2028, net
LIABILITIES:
Derivatives, liabilities	$ 7,760	$ 16,390

Derivative Financial Instrume_5

Derivative Financial Instruments - Schedule of Gain (Losses) on Derivative Instruments Designated As Cash Flow Hedges (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023	Nov. 02, 2024	Oct. 28, 2023
Gains (losses) before taxes recognized on the derivative instruments designated as cash flow hedges in OCI and net earnings (loss)
Gain (Loss) Recognized in OCL	$ 1,898	$ 6,619	$ 1,043	$ 8,367
Gain (Loss) Reclassified from AOCL into Earnings (Loss)	418	28	(1,471)	6,508
Foreign exchange currency contracts
Gains (losses) before taxes recognized on the derivative instruments designated as cash flow hedges in OCI and net earnings (loss)
Gain (Loss) Recognized in OCL	1,898	6,443	1,647	7,838
Foreign exchange currency contracts | Cost of product sales
Gains (losses) before taxes recognized on the derivative instruments designated as cash flow hedges in OCI and net earnings (loss)
Gain (Loss) Reclassified from AOCL into Earnings (Loss)	418	(130)	(1,683)	6,074
Interest rate swap
Gains (losses) before taxes recognized on the derivative instruments designated as cash flow hedges in OCI and net earnings (loss)
Gain (Loss) Recognized in OCL	0	176	(604)	529
Interest rate swap | Interest expense
Gains (losses) before taxes recognized on the derivative instruments designated as cash flow hedges in OCI and net earnings (loss)
Gain (Loss) Reclassified from AOCL into Earnings (Loss)	$ 0	$ 158	$ 212	$ 434

Derivative Financial Instrume_6

Derivative Financial Instruments - Schedule of Derivative Activity in Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023	Nov. 02, 2024	Oct. 28, 2023
Accumulated Other Comprehensive Income, Derivatives Qualifying as Hedges, Net of Tax [Roll Forward]
Beginning balance gain (loss)	$ 531,643	$ 533,821	$ 734,794	$ 572,751
Ending balance gain	490,012	557,130	490,012	557,130
Derivative Financial Instruments Designated as Cash Flow Hedges
Accumulated Other Comprehensive Income, Derivatives Qualifying as Hedges, Net of Tax [Roll Forward]
Beginning balance gain (loss)	476	(5,805)	(544)	(1,584)
Net gain from changes in cash flow hedges	1,688	5,870	1,001	7,383
Net (gain) loss reclassified into earnings (loss)	(372)	(6)	1,335	(5,740)
Ending balance gain	$ 1,792	$ 59	$ 1,792	$ 59

Derivative Financial Instrume_7

Derivative Financial Instruments - Schedule of Derivative Instruments Not Designated as Hedging Instruments (Details) - Other expense, net - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 02, 2024	Oct. 28, 2023	Nov. 02, 2024	Oct. 28, 2023
Foreign exchange currency contracts
Derivative [Line Items]
Gains (Losses) Recognized in Earnings (Loss)	$ 468	$ 3,870	$ 50	$ 3,410
2028 Bond Hedge
Derivative [Line Items]
Gains (Losses) Recognized in Earnings (Loss)	(50,953)	0	(56,963)	0
Embedded derivatives
Derivative [Line Items]
Gains (Losses) Recognized in Earnings (Loss)	$ 11,140	$ 0	$ 15,168	$ 0

Subsequent Events (Details)

Subsequent Events (Details) - $ / shares		3 Months Ended				9 Months Ended
	Nov. 26, 2024	Nov. 02, 2024	Oct. 28, 2023	Jul. 29, 2023	Apr. 29, 2023	Nov. 02, 2024	Oct. 28, 2023
Subsequent Event [Line Items]
Cash dividend declared per share (in dollars per share)		$ 0.300	$ 0.300	$ 0.30	$ 0.225	$ 3.150	$ 0.825
Subsequent Event
Subsequent Event [Line Items]
Cash dividend declared per share (in dollars per share)	$ 0.30