US brand Guess’ revenue up 2% to $642.7 mn in Q2 FY23

Total net revenue of Guess for the second quarter of 2023 rose 2 per cent to $642.7 million from $628.6 million in the same prior-year quarter. In constant currency, net revenue increased by 12 per cent. Americas retail revenues decreased 2 per cent in US dollars and constant currency. Retail comp sales, including e-commerce, decreased 6 per cent.