To: Smiling Bob who wrote (12664 ) 1/10/2008 9:52:29 AM From: Smiling Bob Respond to of 19256 GES -37.18 op to add shorts here- they're clueless --- Press Release Source: Guess?, Inc. Guess?, Inc. Reports Stronger Than Anticipated Holiday Sales at Its North American Retail Business Wednesday January 9, 6:12 pm ET Company Raises Annual Fiscal 2008 EPS Guidance To $1.94 - $1.97 From $1.93 - $1.96 LOS ANGELES--(BUSINESS WIRE)--Guess?, Inc. (NYSE: GES - News) announced today that its North American retail business continued to perform ahead of expectations for December 2007, delivering a double digit same store sales increase for the five week period ended January 5, 2008. This performance followed a double digit same store sales increase for the November 2007 period. As a result of the improved sales performance, the Company is increasing revenue guidance for its retail segment for the current fiscal year to grow about 16.5% versus its previous expectations for an increase of 16%. ADVERTISEMENT The Company also reaffirmed its outlook for its other business segments for the year ending February 2, 2008. The Company plans to release its actual fiscal 2008 fourth quarter and year end financial results on Wednesday, March 19, 2008. Guess?, Inc. designs, markets, distributes and licenses a lifestyle collection of contemporary apparel, denim, handbags, watches, footwear and other related consumer products. As of November 3, 2007 the Company operated 365 retail stores in the United States and Canada and 560 retail stores outside of North America, of which 56 were directly owned. The Company also distributes its products through better department and specialty stores around the world. For more information about the Company, please visit www.guessinc.com.