Monday, December 3, 2012

Guess? Valuation Remains Appealing


Shares of Guess? (GES) rose some 4.5% over the past trading week. The designer and marketer of apparel for men, women and children reported its third quarter results for its fiscal 2013 on Wednesday after the close.
Third Quarter Results
Guess? reported third quarter revenues of $628.8 million, down 2.2% on the year before. In constant currencies, excluding the adverse effects of a strong dollar, revenues were up by 1.2%. Revenues came in ahead of consensus estimates of $624.8 million.
Read the entire article on Seekingalpha by clicking the following link

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