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Guess? Inc reaffirms outlook for other business segments
10 Jan '08
1 min read
Guess? Inc announced that its North American retail business continued to perform ahead of expectations for December 2007, delivering a double digit same store sales increase for the five week period ended January 5, 2008.
This performance followed a double digit same store sales increase for the November 2007 period. As a result of the improved sales performance, the Company is increasing revenue guidance for its retail segment for the current fiscal year to grow about 16.5% versus its previous expectations for an increase of 16%.
The Company also reaffirmed its outlook for its other business segments for the year ending February 2, 2008. The Company plans to release its actual fiscal 2008 fourth quarter and year end financial results on Wednesday, March 19, 2008.
Guess? Inc designs, markets, distributes and licenses a lifestyle collection of contemporary apparel, denim, handbags, watches, footwear and other related consumer products.
This performance followed a double digit same store sales increase for the November 2007 period. As a result of the improved sales performance, the Company is increasing revenue guidance for its retail segment for the current fiscal year to grow about 16.5% versus its previous expectations for an increase of 16%.
The Company also reaffirmed its outlook for its other business segments for the year ending February 2, 2008. The Company plans to release its actual fiscal 2008 fourth quarter and year end financial results on Wednesday, March 19, 2008.
Guess? Inc designs, markets, distributes and licenses a lifestyle collection of contemporary apparel, denim, handbags, watches, footwear and other related consumer products.
Guess? Inc
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