Brean Capital Cuts Price Target on Perry Ellis Int'l (PERY) to $25 Following 2Q EPS Beat
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Perry Ellis International Reports Second Quarter Fiscal 2017 Results
August 18, 2016 7:30 AM EDTMIAMI, Aug. 18, 2016 (GLOBE NEWSWIRE) -- Perry Ellis International, Inc. (NASDAQ: PERY) today reported second quarter results for the period ended July 30, 2016 (second quarter of fiscal 2017).
Key Fiscal Second Quarter 2017 Financial and Operational Highlights:
Adjusted diluted EPS totaled $0.15, above guidance and compared to $0.31 per diluted share in comparable period of prior year.Diluted GAAP loss per share of $0.24 as compared to $0.09 in comparable period of prior year. Gross margin expanded to 36.6% as compared to 35.6% in prior year. ... More
