Guess Inc. has announced a 5% uptick in third-quarter sales to $791.4 million, on the back of a strong performance in the U.S. fashion firm's Americas wholesale and Europe businesses.

The Los Angeles-based company said Europe revenues rose 6%, offsetting a 6% decline in Asia sales during the quarter ending November 1.

Locally, Americas retail revenues decreased 2%, covered by a 26% surge in wholesale revenues in the region.

The company swung to a net earnings of $25.6 million during the quarter, compared to a net loss of $23.4 million for the same prior-year quarter.

“We are pleased with our third quarter performance, with revenue growth of 7% in U.S. dollars and 5% in constant currency, driven by a strong performance of our Americas wholesale and Europe businesses," said Carlos Albe

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