March 21 (Reuters) - Fashion retailer Guess Inc
reported on Wednesday quarterly revenue for the holidays season
that beat analysts' estimates on strong demand in Europe and
Asia, sending its shares up nearly 12 percent in extended trade.
The company said net revenue rose to $792.2 million from
$674 million, a year earlier.
Analysts had expected revenue of $755.6 million, according
to Thomson Reuters I/B/E/S.
However, net income attributable to Guess fell to $1.04
million, or 1 cent per share, in the third quarter ended Feb. 3,
from $6.6 million, or 8 cents per share, a year earlier.
The company's net income was impacted by a one-time charge
of $47.9 million related to the recently enacted U.S. tax law.
(Reporting by Nivedita Balu in Bengaluru; Editing by Sriraj
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