U.S. Traffic Decline, Strong Dollar To Offset Guess' Slight Economic Recovery In Europe

Guess's stock has fallen by more than 30% during the past year due to consistent weak performance, and we expect to learn that this continued with its Q1 fiscal 2016 results, which it will report on June 2nd. Over the past few quarters, the company has not done well in its main markets and this trend likely continued in the first quarter as well. In Q4 fiscal 2015, Guess reported 24% decline in its profits and guided to a 1%-2% increase in revenues for its Q1 fiscal 2016 with EPS at $0.75-$0.95....