Guess?, Inc. Reports September Retail Sales
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Guess?, Inc. Reports September Retail Sales

LOS ANGELES, Oct. 1 /PRNewswire-FirstCall/ -- Guess?, Inc. (NYSE: GES) today reported that total September retail sales for the four weeks ended September 27, 2003 were $32.2 million, an increase of 21.5% from sales of $26.5 million for the four weeks ended September 28, 2002. Comparable store sales for the September period increased 13.5%.

For the third quarter ended September 27, 2003, total retail sales increased 20.5% to $114.2 million compared to $94.8 million for the third quarter of 2002. Comparable store sales increased 13.2% during the third quarter of 2003.

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 including but not limited to the Company's expected results of operations and plans to reduce costs and estimated charges, 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 further 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-                             10/01/2003
    /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./
    (GES)

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






AJ 
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5105 10/01/2003 16:01 EDT http://www.prnewswire.com