Guess Q1 earnings drop, revenues increase by 14 percent

Guess?, Inc., for its first quarter ended April 30, 2022 reported GAAP net earnings of 8 million dollars, a 33.6 percent decrease from 12 million dollars for the first quarter of fiscal 2022. GAAP diluted EPS decreased 33.3 percent to 12 cents compared to 18 cents for the same prior-year quarter.