Shares of Guess Inc. fell after hours on Tuesday after the maker and retailer of clothing and other accessories forecast first-quarter and full-year profits that were below expectations, as “challenging market conditions” weighed against a stronger showing in Europe.
Guess GES said it expected an adjusted loss of 25 cents to 31 cents for the first quarter, compared with FactSet forecasts for a 52-cent per-share profit, based on projections from only two analysts. For the full year, Guess said it expected an adjusted per-share…
