Photo Credit: Fool
Shares of Guess were up 16.3% as of yesterday, May 25th (morning). Thursday of this week the team had come to the media to announce better-than-expected fiscal first-quarter 2018 results.
They have stated to hit a $458.6 million, which translated to an adjusted net loss of $19.4 million, or $0.24 per share. But analysts, on average, were expecting a wider adjusted net loss of $0.32 per share on lower revenue of $447 million.
The team’s CEO, Victor Herrero, let the media know that the brand is very happy with its results – as they had exceeded expectations.
Wait- so you thought Guess was dead right – for a lack of better words- us too. So I’ve shared a few links that had me pleasantly surprised and maybe have me reevaluating my web pages to shop from.
This one’s my freakin favorite- I think this swimsuit is so cool- for some reason I feel like it’s so effortless. Total need.