By and  on November 21, 2017

Guess Inc. continues to look abroad for growth while focusing on cost cuts at home.

The Los Angeles-based company said net losses for the quarter tallied $2.9 million, or 4 cents a share, down from earnings of $9.1 million, or 11 cents, a year earlier. Adjusted earnings, which factor out losses on lease terminations and asset impairment charges, rose 8.1 percent to $10.4 million, or 12 cents a share, in line with analyst estimates.

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