Guess Inc. Wednesday joined the crowd of apparel firms exceeding second-quarter expectations while providing cautious guidance for the remainder of the year.
For the three months ended July 31, earnings attributable to Guess grew 12.1 percent to $66.8 million, or 72 cents a diluted share, from $59.6 million, or 64 cents, in the year-ago quarter. Wall Street analysts were expecting earnings per share of 68 cents for the quarter, according to Yahoo Finance.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)