Perry Ellis Int'l (PERY) Tops Q1 EPS by 36c

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Perry Ellis International Reports Increased First Quarter Fiscal 2016 Results and Increases Fiscal 2016 Guidance

May 14, 2015 7:01 AM EDT

MIAMI, May 14, 2015 (GLOBE NEWSWIRE) -- Perry Ellis International, Inc. (Nasdaq: PERY) today reported results for the first quarter ended May 2, 2015 ("first quarter of fiscal 2016").

Key Fiscal First Quarter 2016 Financial and Operational Highlights:

Adjusted diluted EPS increased 80% year over year to $0.99 as compared to $0.55 per diluted share in prior year. Net revenues of $266 million, as compared to $257 million in prior year. Diluted GAAP EPS of $0.62, as compared to $0.52 in prior year. Adjusted gross margin expansion of 80 bps to... More