Guess?, Inc (NYSE:GES) today reported total June retail sales of $25.2 million for the four week period ended July 1, 2000, an increase of 37.1% over sales of $18.4 million for the comparable four week period ended June 26, 1999.

The current June period included retail sales of Guess Canada of $1.8 million. During June, comparable store sales, excluding Guess Canada, increased 6.9%, which was against a very strong 32.2% comparable sales increase in June 1999. The company's full priced retail stores generated a 14.8% comparable store sales increase while the factory outlet stores recorded a 8.6% comparable store sales decrease. As of July 1, 2000, the Company had unfilled wholesale orders from department and specialty store customers of $162.4 million, a 62% increase from a year ago.

Total retail sales for the second quarter ended July 1, 2000 increased 39.1% to $84.9 million compared to $61.0 million for the second quarter of 1999. Comparable store sales increased 10.1% for the second quarter of 2000 compared to a 30.9% increase a year ago. Total retail sales for the first half of 2000 were $162.5 million, an increase of 44.4% over sales of $112.5 million for the first half of 1999. Comparable store sales increased 14.2% for the first half of 2000 compared to a 30.0% increase a year ago.

Paul Marciano, co-chairman and co-chief executive officer of Guess?, Inc, commented: "We are pleased with our retail sales and wholesale booking rates for June 2000. Demand for our brand and product remains strong. Also, we continue to remain comfortable with security analysts' earnings estimates for the second quarter and the balance of 2000."

Guess? Inc designs, markets, distributes and licenses one of the world's leading lifestyle collections of casual apparel, accessories and related consumer products.

Except for historical information contained herein, certain matters discussed in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties which may cause the Company's actual results in future periods or plans for future periods to differ materially from what is currently anticipated. Those risks include those matters detailed from time to time in the company's SEC reports.