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Guess slides after higher costs drag on bottom line

Nov. 22, 2022 4:30 PM ETGuess?, Inc. (GES) StockBy: Clark Schultz, SA News Editor

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Guess (NYSE:GES) reported FQ3 revenue drops across its Americas retail (-2% Y/Y), Americas wholesale (-10%) and Europe (-2%) segments, while the Asia (+10%) and Licensing (+4%) showed positive growth. Total revenue was down 1.6% to $633M, but came in ahead of the consensus mark of $604M.

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