NEW YORK — Guess Inc. Wednesday tempered reports of a wider first-quarter loss with encouraging news about recent retail sales, its debt load and even its problematic performance with its wholesale accounts.

For the first quarter ended March 29, the net loss expanded to $5.8 million, or 13 cents a diluted share, from $3.6 million, or 8 cents, in the year-ago period. The results for last year include aftertax charges of $400,000 for restructuring, impairment and severance.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus