Wall Street Strategies
Hello! Sign in or Register


The WStreet Blog
Charles Payne's Regular Media Appearances
Charles is featured on the Fox Business Network Monday-Friday at 2 PM ET on "Making Money with Charles Payne". He is a member and occasional host of "Varney & Co". In addition, he guest-host several shows including "Cavuto on Business" and "Your World".

The "Making Money with Charles Payne" show can also be heard on channel 113 on Sirius radio.

Friday, March 19, 2010

Guess Q4 beats estimates, raises dividend

Reuters

Apparel brand Guess Inc's (GES.N) fourth-quarter results topped estimates, as fewer discounts helped margins during the holiday quarter, and the fashion house saw demand in Europe rise.

HOT STOCKS

Guess also increased its quarterly dividend by 28 percent.

"More than half of the revenue increase (for the quarter) was driven by business in Europe which posted a 24 percent top line increase," Chief Executive Paul Marciano said on a conference call with analysts.

Guess, best known for its jeans, also said this year it will reignite plans for growth and invest in retail expansion, and that the company is looking to replicate its success in Europe in Asia.

"While European expansion is important to their story, the opportunities I see exist in Greater China," analyst Brian Sozzi of Wall Street Strategies said.

Link to full article: http://www.reuters.com/article/idUSTRE62G4IJ20100317?type=globalMarketsNews


Posted by Brian Sozzi, Research Analyst


Charles' Fox Business Video Clips
       


    Home | Products & Services | Education | In The Media | Help | About Us |
    Disclaimer | Privacy Policy | Terms of Use |
    All Rights Reserved.