Perry Ellis International, Inc. (PERY) Misses Q2 EPS by 6c

Perry Ellis International, Inc. (NASDAQ: PERY) reported Q2 EPS of ($0.15), $0.06 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $211.7 million versus the consensus estimate of $214.3 million.

The Company experienced revenue increases in its Rafaella women's sportswear and Perry Ellis menswear collections driven by its product and assortment initiatives. In addition, revenues rose in Nike swim as well as in licensing. These increases were partially offset by a decrease in direct to consumer revenue and the anticipated reduction in men's classification private label bottoms revenue.

Perry Ellis reaffirmed FY2014 guidance. Company expects fiscal 2014 revenue to increase in a range of 2%-3% as compared to prior year

For earnings history and earnings-related data on Perry Ellis International, Inc. (PERY) click here.

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