Jeans-led apparel company Guess posted a 12% increase in second quarter net profit, helped by a double-digit rise in revenues and international growth.
“Each one of our business segments increased revenues and we made excellent progress in our efforts to grow our international businesses,” said company CEO Paul Marciano.
“Our European and Asian expansion efforts continue to pay off, as these two regions represented nearly half of our revenue growth in the period, despite the headwind caused by the stronger U.S. dollar.”
Click here to view the company’s full financial statement.
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