Guess beyond expectations in the fourth quarter 2019

Guess beyond expectations in the fourth quarter 2019

Unexpected earnings for Guess in the fourth quarter of 2019. The Los Angeles-based company announced earnings of $ 79.6 million. Growth was driven by a 13.2% increase in European revenue, which offset the 27.7% drop in Asia. American retail and wholesale revenues also decreased by 4.1% and 3 percent respectively.

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