How Guess Stock Reacted to Fiscal 4Q18 Results
As discussed in the previous section, Guess (GES) surged 28% on March 22, 2018, after reporting strong fourth-quarter earnings and issuing upbeat guidance. The results were able to stop the slide in Guess stock, which jumped to YTD (year-to-date) gains of 18% as compared to a loss of 8% before the results. VF (VFC), Gap (GPS), Skechers (SKX), and Tapestry (TPR) fell 3%, 2.9%, 2.9%, and 1.9%, respectively, probably driven by fears of a trade war.