Guess? Inc's shares are trading higher by around 17% after it reported better-than-expected Q2 FY24 results and revised FY24 guidance. Net revenue rose 3% Y/Y to $664.5 million, beating the consensus of $640.5 million. Adjusted operating income rose 17% Y/Y to $65.0 million, with margins expanding to 9.8% from 8.7% a year ago. The Board of Directors approved a quarterly dividend per share of $0.30. For FY24, GES revised the outlook for revenue growth to 2.5%-4.0% and raised expectations for adjusted operating margin to 9.0%-9.4% and adjusted EPS to $2.88-$3.08.