Guess's Sales Will Continue To Stumble Amid Sluggish Economic Environment

Over the past few quarters, the company hasn't done well in any of its main markets and this trend is likely to continue in the fourth quarter as well. In the U.S., a huge decline in foot traffic, weak consumer sentiment and fierce competition from fast-fashion brands will weigh on Guess's results. However, the retailer's competitively priced products can slightly offset this impact.