Guess profits up on overseas sales

Los Angeles-based Guess, Inc has reported third-quarter profits up 33 percent as sales from European and Asian markets have increased. In the quarter, the company earned $58.3 million, or 62 cents a share, up from $44 million, or 48 cents a share, in the third quarter a year ago. A 15.8 percent jump in same-store sales pushed revenues up to $469.1 million, up from $328.8 million. In the nine-month period, the company earned $131.3 million, or $1.40 a share, on $1.24 billion in revenue. Through the same period a year ago, the company earned $85.3 million, or 93 cents a share, on $856.4 million a year ago. Guess designs, markets and distributes apparel, accessories and related consumer products.