Perry Ellis Int'l (PERY) Reports In-Line Q4 EPS, Reaffirms FY17 Guidance

Perry Ellis Int'l (NASDAQ: PERY) reported Q4 EPS of $0.35, in-line with the analyst estimate of $0.35. Revenue for the quarter came in at $214 million versus the consensus estimate of $214.26 million.Perry Ellis Int'l reaffirmed FY2016 guidance.

Fiscal 2017 Guidance

The Company reiterated its guidance for fiscal 2017. It expects total revenues to be in the range of $910 to $915 million. This guidance reflects continued foreign exchange pressure of 1% as well as 2% revenue impact from non-core or exited brands. Gross margins for fiscal 2017 are expected to expand 30 to 40 basis points to a range of 36.1% to 36.2%. Adjusted earnings per share are expected in a range of $1.90 to $1.95.

For earnings history and earnings-related data on Perry Ellis Int'l (PERY) click here.

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