Guess (GES $38.99 +0.87) reported third quarter earnings of $0.71 per share, $0.02 worse than the Capital IQ Consensus of $0.73, while revenues rose 4.7% year/year to $643 million versus the $657 million consensus.
Comparable store sales decreased 4.1% in local currency and 3.5% in US dollars for the third quarter of fiscal 2012, compared to the same period a year ago. The company issued downside guidance for the fourth quarer with EPS of 1.03-1.09 versus the $1.22 consensus and revenues of $780-795 million versus the $818.57 million consensus.






