Guess?, Inc. GES today reported financial results for the third quarter of its 2011 fiscal year, which ended October 30, 2010.
- Third quarter revenue increased 17% to a record of $614 million
- European revenue increased 40% in local currency and 28% in US dollars
- Asian revenue increased 35%
- North American retail revenue increased 6%
- Operating margin, including impairment charges, declined 380 basis points to 15.1% from 18.9%
- Net earnings increased 8% to $69 million
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