Guess reports Q4 Americas retail comparable sales down 14%

The company states: “Europe revenues increased 2% in U.S. dollars and 7% in constant currency. Retail comparable sales remained relatively flat in U.S. dollars and increased 5% in constant currency. The inclusion of our e-commerce sales positively impacted the retail comparable sales percentage by 1% in both U.S. dollars and constant currency. Americas Retail revenues increased 4% in U.S. dollars and 6% in constant currency. Retail comparable sales decreased 14% in U.S. dollars and 11% in constant currency.”