Shares of clothing company Guess tanked nearly 14 percent in the premarket Thursday after reporting earnings that missed analyst expectations.
Shares of clothing company Guess tumbled nearly 14 percent in the premarket Thursday after reporting earnings that missed analyst expectations.
The company also said its same-store sales in the Americas fell 0.7 percent in the fourth quarter. Analysts polled by FactSet had forecast an increase of 1.5 percent. Gross margins also contracted from the year-earlier period.
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