Guess?, Inc. Reports October Comparable Store Sales Increase of 8.7% and Total Retail Sales Increase of 14.5%
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Guess?, Inc. Reports October Comparable Store Sales Increase of 8.7% and Total Retail Sales Increase of 14.5%

LOS ANGELES, Nov. 5 /PRNewswire-FirstCall/ -- Guess?, Inc. (NYSE: GES) today reported that total October retail sales for the five weeks ended November 1, 2003 were $40.5 million, an increase of 14.5% from sales of $35.3 million for the five weeks ended November 2, 2002. Comparable store sales for the October period increased 8.7%.

Guess?, Inc. designs, markets, distributes and licenses one of the world's leading lifestyle collections of contemporary apparel, accessories and related consumer products.

Except for historical information contained herein, certain matters discussed in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are only expectations, and involve known and unknown risks and uncertainties, which may cause actual results in future periods and other future events to differ materially from what is currently anticipated. Factors which may cause actual results in future periods to differ from current expectations include, among other things, the continued availability of sufficient working capital, the successful integration of new stores into existing operations, the continued desirability and customer acceptance of existing and future product lines (including licensed product lines), possible cancellations of wholesale orders, the success of competitive products, and the availability of adequate sources of capital. In addition to these factors, the economic and other factors identified in the Company's most recent annual report on Form 10-K for the fiscal year ended December 31, 2002 including but not limited to the risk factors discussed therein, could affect the forward-looking statements contained herein and in the Company's other public documents.

For more information, please contact Carlos Alberini, President & Chief Operating Officer, +1-213-765-3582, or Frederick G. Silny, SVP & Chief Financial Officer, +1-213-765-3289, both of Guess?, Inc; or Molly Morse of Kekst and Company, +1-212-521-4800, for Guess?, Inc.

SOURCE  Guess?, Inc.
    -0-                             11/05/2003
    /CONTACT:  Carlos Alberini, President & Chief Operating Officer,
+1-213-765-3582, or Frederick G. Silny, SVP & Chief Financial Officer,
+1-213-765-3289, both of Guess?, Inc; or Molly Morse of Kekst and Company,
+1-212-521-4800, for Guess?, Inc./
    /Web site:  http://www.guess.com /
    (GES)

CO:  Guess?, Inc.
ST:  California
IN:  FAS REA TEX
SU:  SLS

BM-CM 
-- LAW038 --
8430 11/05/2003 09:01 EST http://www.prnewswire.com