The net revenue from the company's wholesale segment was flat at $30.8 million in the first quarter of 2006 compared to the year-ago period. Net revenue from the company's European operations segment increased 32.7 percent to $75.2 million in the first quarter of 2006, compared to $56.6 million in the prior-year period. Licensing segment net revenue increased 23.0 percent to $14.0 million in the 2006 first quarter from $11.4 million in the first quarter last year.
Guess? Inc designs, markets, distributes and licenses a lifestyle collection of contemporary apparel, accessories and related consumer products. At April 29, 2006, the Company operated 316 retail stores in the United States and Canada.
The company also distributes its products through better department and specialty stores around the world.
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