Perry Ellis (PERY) Misses Q3 EPS by 6c; Updates on Strategic Initiatives
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Perry Ellis International Reports Increase in Operating Income for the Third Quarter of Fiscal 2015
November 20, 2014 7:30 AM ESTAdjusted net earnings per share of $0.03 in line with guidance of an adjusted net earnings per share of $0.02 to $0.06 and represents a significant improvement from an adjusted net loss per share of $0.15 in the prior year third quarter. Adjusted earnings per share for the third quarter of fiscal 2015 includes a $0.04 per share negative impact from foreign currency, which was not anticipated in guidance provided at the beginning of the quarter. Net revenues total $211 million, in line with guidance even as $6.0 million in revenues moved from the third quarter to the fourth quarter given... More
