Europe, Asia fuel Guess’s better-than-expected revenue growth
Inside Retail
MARCH 22, 2024
Guess Inc has posted a 9 per cent increase in net revenues for the fourth quarter of FY24, which management said exceeded its expectations. Net revenues for the three months ended February 3 were US$891.1 million compared to $817.8 million in the year-ago period. Europe’s net revenue rose 9 per cent to $484 million, with comparable sales up 6 per cent.
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