Perry Ellis (PERY) Tops Q1 Views; Backs FY10 Guidance
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Perry Ellis International, Inc. (NASDAQ: PERY) reports Q1 EPS of $0.46, versus the analyst estimate of $0.23. Revenue for the quarter was $220 million, versus the consensus of $207.46 million.
The Company confirmed its guidance of a total revenue decrease in the high single to low double digits, gross margin improvements towards the second half of the year and expense reductions of approximately $15 million for the entire year.
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