WWD.com/beauty-industry-news/financial/guess-operating-net-down-11-5-in-second-quarter-1166783
financial
financial

Guess Operating Net Down 11.5% in Second Quarter

NEW YORK -- Hurt by lower gross margins, Guess Inc.'s operating profits declined 11.5 percent in the second quarter ended June 26, to $20.8 million from $23.5 million.Gross margins for the Los Angeles-based apparel firm declined to 45.6...

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