Guess Earnings Rise From Product Demand
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From the Associated Press
Youth apparel maker Guess Inc., based in Los Angeles, said its second-quarter profit surged on strong product demand in North America and Europe.
Earnings rose to $13.7 million, or 30 cents a share, from $4.2 million, or 9 cents, a year ago. Sales grew to $231 million from $178.2 million.
