Guess Inc reported second-quarter results above expectations due to an improvement in North American retail sales, sending shares of the company up 15 percent in after market trading.
Excluding restructuring charges, the company earned 52 cents per share in the quarter ended August 3. Revenue rose 0.6 percent to $639 million.
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Analysts on average had expected second-quarter earnings of 36 cents per share on revenue of $622.9 million , according to Thomson Reuters I/B/E/S.
Net income fell 7 percent to $39.8 million, or 47 cents per share, from $42.9 million, or 49 cents per share, a year ago.
Comparable sales fell 2 percent in the second quarter. They had fallen 10 percent in the first quarter.
(Reporting by Siddharth Cavale in Bangalore)