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Guess? (GES) edged expectations for Q1 earnings and revenues but cut Q2 and full-year...
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Wednesday, May 23, 2012, 8:23 AM ETGuess? (GES) edged expectations for Q1 earnings and revenues but cut Q2 and full-year guidance, partly on worries over Europe, which generates ~38% of profits. But shares +8% premarket, perhaps sparked by Bloomberg talking up the stock as a takeover target; it's valued at a mere 3.5x EBITDA, there's lots of free cash flow, low debt, and $500M cash on the books.
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