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Why Guess?, Inc. Stock Fell Wednesday


Why Guess?, Inc. Stock Fell Wednesday

Shares of apparel retailer Guess? (NYSE: GES) fell as much as 14.9% on Wednesday, following the company's earnings release for its third quarter of fiscal year 2018. The stock is down 13.4% at the time of this writing.

The likely reason for pessimism toward the stock is the company's weaker-than-expected revenue for the quarter, as well as management's decision to lower the high end of its guidance range for revenue growth.

Image source: Getty Images.

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Source: Fool.com

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