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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 28, 2023
Oct. 29, 2022
Oct. 28, 2023
Oct. 29, 2022
Net revenue $ 651,170 $ 633,403 $ 1,885,480 $ 1,869,566
Cost of product sales 360,000 364,032 1,067,882 1,082,545
Gross profit 291,170 269,371 817,598 787,021
Selling, general and administrative expenses 234,123 212,927 694,748 638,801
Asset impairment charges 1,737 1,789 6,293 5,252
Net (gains) losses on lease modifications 537 (146) (1,894) (1,654)
Earnings from operations 54,773 54,801 118,451 144,622
Other income (expense):        
Interest expense (5,923) (3,453) (15,883) (9,741)
Interest income 3,181 636 8,557 1,629
Loss on extinguishment of debt 0 0 (7,696) 0
Other, net (11,004) (15,211) (18,227) (40,716)
Total other expense (13,746) (18,028) (33,249) (48,828)
Earnings before income tax expense (benefit) 41,027 36,773 85,202 95,794
Income tax expense (benefit) (18,277) 11,616 (5,370) 32,743
Net earnings 59,304 25,157 90,572 63,051
Net earnings attributable to Guess?, Inc. 3,603 3,322 7,643 9,284
earnings $ 55,701 $ 21,835 $ 82,929 $ 53,767
Net earnings per common share attributable to common stockholders:        
Basic (in dollars per share) $ 1.04 $ 0.40 $ 1.53 $ 0.93
Diluted (in dollars per share) $ 0.82 $ 0.34 $ 1.30 $ 0.80
Weighted average common shares outstanding attributable to common stockholders:        
Basic (in shares) 53,052 53,894 53,450 57,300
Diluted (in shares) 70,331 67,102 68,098 70,705
Product sales        
Net revenue $ 618,130 $ 605,656 $ 1,800,536 $ 1,790,651
Net royalties        
Net revenue $ 33,040 $ 27,747 $ 84,944 $ 78,915