Guess? Inc. (NYSE:GES) reported second quarter 2021 earnings results today.
Total net revenue decreased 42% year-over-year to $398.5 million.
GAAP net loss was $20.4 million, or $0.31 per share, compared to earnings of $25.3 million, or $0.35 per share, for the prior-year quarter. Adjusted net loss was $0.6 million, or $0.01 per share.
Guess is not providing specific guidance due to the uncertainty associated with the COVID-19 pandemic. Based on current trends, the company expect revenues for the third and fourth quarters of fiscal 2021 to decrease in the mid-teens range.
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