Guess?, Inc. (GES) May Comps Up 20%; Raises Guidance
Tweet
Share
E-mailGet Alerts GES Hot Sheet
Join SI Premium – FREE
Guess?, Inc. (NYSE: GES) said comparable store sales for the May period increased 20.0%. The Company now expects total revenues for the second quarter to increase nearly 25% from last year's levels, versus previous expectations for an increase in the high teens.
The net impact of the changes in guidance should result in a net earnings improvement over previous guidance for the second quarter in the range of $2.5 million to $3.2 million, or $0.05 to $0.07 per share.
The net impact of the changes in guidance should result in a net earnings improvement over previous guidance for the second quarter in the range of $2.5 million to $3.2 million, or $0.05 to $0.07 per share.
You May Also Be Interested In
- Analyst explains why you should buy the dip in this U.S. retail stock
- This consumer stock is trading at "discounted valuation", Morgan Stanley says
- Barclays flags an "attractive entry point" in this pharma stock
Create E-mail Alert Related Categories
Guidance, Hot List, Retail SalesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
