Guess Q4 turnover increases by 5.7 percent

For its fourth quarter, Guess, Inc. recorded total net revenue increase of 5.7 percent to 837.1 million dollars, while in constant currency, the company said, net revenue increased by 9.5 percent. Fourth quarter GAAP net earnings of 23.2 million dollars, a 2,134 percent increase compared to 1 million dollars for the fourth quarter of fiscal 2018, while GAAP diluted earnings per share increased 2,700 percent to 28 cents compared to 1 cent for the prior-year quarter. The company recorded adjusted net earnings of 58.2 million dollars, a 12.8 percent increase compared to 51.6 million dollars for the fourth quarter of fiscal 2018, while adjusted diluted earnings per share increased 12.9 percent to 70 cents, compared to 62 cents for the prior-year quarter.