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Guess (GES) Stock Soars on Q2 Earnings, Upgrade

NEW YORK (TheStreet) -- Shares of Guess? (GES) were spiking 17.45% to $17.50 in pre-market trading on Thursday after the company posted stronger-than-expected earnings for the 2017 fiscal second quarter.

After yesterday's market close, the Los Angeles-based retailer reported adjusted earnings of 14 cents per diluted share, handily beating analysts' projections of 7 cents per share.

Comparable-store sales declined 2% in the period, better than analysts' estimates for a 4.3% decline.

Revenue was $545...