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Guess earnings decline, adjusts outlook to reflect 'softer consumer environment'

For the second quarter, Guess recorded a GAAP net loss of 10.6 million dollars and GAAP diluted net loss per share of 28 cents, while adjusted net earnings were 23 million dollars, a 42 percent decrease from 39.7 million dollars and adjusted diluted EPS decreased 42 percent to 42 cents. Total net revenue for the quarter increased 10 percent or...

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