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Jul29
Guess? Inc. Is Making a Comeback

Leslie Earnest of the LA Times reports that Guess?,Inc. (GES) is Paris Hilton for Guess.bmpmaking a comeback:

"After taking a hit early in this decade, Guess' sales and profit took off. Sales at established stores, a key industry indicator, have been up for three years straight. Profit nearly doubled last year after quadrupling the year before. And its stock price doubled in the last year, closing Friday at $40.45, down 35 cents.

This year, Guess expects revenue to surpass the $1-billion mark for the first time."

Taking a look at Guess's financials, I can see a steady climb in their stock price from last October until now.  Do we attribute the company's success to their ad campaigns that are overtly sexual in nature?  Enough of Paris Hilton already! Well, ok, I'll admit that this ad pictured here is ok.... However, Thank Goodness that there's a "new face".  So, does that mean no more Paris?

Memories of a time when I wore Guess jeans that tapered at the bottom with zippers fill my mind...*sigh*

Sorry for the disorganized ramblings...it's Saturday, after all!


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