For FY26, the company has estimated net revenue between 3.9 percent and 6.2 percent Yoy. The GAAP operating margin in FY26 is expected to improve between 4.3 percent and 5.2 percent. GAAP for FY26 is expected to grow between thin EPS $ 1.03 and $ 1.37. The adjusted operating margin is expected to increase between 4.5 percent and 5.4 percent. The GAAP operations are estimated to have a full-year income between $ 133 million and $ 165 million, and adjusted income from operation between $ 140 million and $ 172 million. The adjusted thin EPS for FY26 ranges from $ 1.32 to $ 1.76.
The ink Q1 FY26 expects 5.8–7.5 percent yoy for pure revenue growth and 3.9–6.2 percent for FY26, which is expected to improve the operating margin and EPS. In FY25, net revenue rose by 8 percent to $ 3 billion, but GAAP EPS fell 75 percent to $ 0.77. Regional demonstrations diverse, with a strong growth in the US wholesale section and a decline in Asia.
In FY 2025 (FY25), the total net revenue increased by 8 percent yoy to $ 3 billion, from $ 2.78 billion to $ 3 billion in FY 25. In continuous posture, net revenue increased by 10 percent. GAAP slim EPS declined 75 percent to $ 0.77 in FY25 as compared to $ 3.09 during FY24.
In FY25, the company adjusted a net income of $ 104.5 million, 40 percent YOY deficiency. The adjusted diluted EPS declined by 38 percent to $ 1.96. GAAP’s earnings declined by 34.0 percent to $ 173.8 million from operations for FY25 (FY25’s second quarter (Q2) profit of $ 13.8 million on the sale of the US distribution center and $ 263.3 million to $ 15.7 million in FY24 to $ 15.7 million adverse translation effects).
Area-wise, Europe’s revenue increased by 4 percent in US dollars and 7 percent in currency continuously. Retail comparable sales (including e-commerce) increased by 3 percent in US dollars and 6 percent in continuous currency. The inclusion of its e-commerce sales positively affected the retail comparable sales percentage in the minimum amount in US dollars and the minimum amount in continuous currency.
The US retail revenue increased by 6 percent in US dollars and 7 percent in currency continuously. Retail comparable sales (including e-commerce) decreased by 12 percent in US dollars and 11 percent in continuous currency. US dollars increased by 63 percent in wholesale revenue and 65 percent in continuous currency.
Asia’s revenue decreased by 5 percent in US dollars and 2 percent in currency continuously. Retail comparable sales (including e-commerce) decreased by 14 percent in US dollars and 11 percent in continuous currency. The inclusion of its e-commerce sales affected retail comparable sales percentage in both US dollar and continuous currency negatively up to 1 percent.
In the fourth quarter of FY25 (Q4), the company’s total net revenue increased by 5 percent YOY to $ 932.3 million, and in constant currency, net revenue increased by 9 percent. The adjusted net income was $ 77.7 million, a 30 percent decrease for the same pre-fiscal quarters. The adjusted diluted EPS declined by 26 percent to $ 1.48. In this quarter, the company recorded a GAAP net earning of $ 81.4 million, 29 percent YOY shortage. GAAP slim pure EPS declined by 32 percent to $ 1.16.
Fibre2fashion news desk (sg)
