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Business Briefing / Earnings

Guess posts 11% profit increase

August 27, 2009|TIMES WIRE REPORTS

Guess Inc. said its second-quarter profit rose 11% as revenue climbed, especially in Europe, and expenses fell. Net income was $59.6 million, or 64 cents a share, compared with $53.8 million, or 56 cents, a year earlier. Revenue was $522.4 million, up from $515.2 million.

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