Investor Alert

New York Markets After Hours

March 19, 2014, 4:21 p.m. EDT

Guess posts 4% lower profit

SAN FRANCISCO (MarketWatch) -- Guess Inc. (NYS:GES) reported late Wednesday its fiscal fourth-quarter profit fell to $69.6 million, or 82 cents a share, from $72.5 million, or 85 cents a share, a year ago. Revenue for the three months ended Feb. 1 fell to $768.4 million from $815.1 million. Analysts polled by FactSet had expected the Los Angeles-based apparel retailer to earn 78 cents a share on $758 million in revenue. The company said it expects to report a first-quarter loss of between 5 cents and 9 cents a share. Guess shares fell as much as 7% in after-hours trade.

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