After the bell, the stock tumbled 6.6% to $26.85.
The apparel retailer guided for revenue between $520 million and $535 million and a net loss of 9 cents to 5 cents a share for its first quarter spanning the three months to May 3.
Analyst averages compiled by Thomson Reuters forecast revenue of $545.91 million and a net profit of 11 cents a share.
For fiscal 2015, management expects sales in the range of $2.53 billion to $2.58 billion, short consensus of $2.6 billion. Net income guidance of $1.40 to $1.60 a share is far below estimates of $2.01 a share.
"For fiscal year 2015, we still expect sales in our more developed businesses to be under pressure, especially in our own stores in North America and our European wholesale channel," said CEO Paul Marciano in a statement.
TheStreet Ratings team rates GUESS INC as a Buy with a ratings score of B-. The team has this to say about their recommendation:
"We rate GUESS INC (GES) a BUY. This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share."
- You can view the full analysis from the report here: GES Ratings Report