Perry Ellis Int'l (PERY) Reports In-Line Q4 EPS, Reaffirms FY17 Guidance
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Perry Ellis International Reports Fourth Quarter and Full Fiscal 2016 Results and Reiterates Full Year Guidance for Fiscal 2017
April 12, 2016 7:30 AM EDTMIAMI, April 12, 2016 (GLOBE NEWSWIRE) -- Perry Ellis International, Inc. (Nasdaq: PERY) today reported results for the fourth quarter ("fourth quarter of fiscal 2016") and the fiscal year ended January 30, 2016 ("fiscal 2016").
Key Fiscal 2016 Financial Accomplishments and Operational Highlights:
Adjusted diluted EPS increased 225% to $1.81 as compared to $0.56 in prior year.Gross margin expanded 170 basis points to a record 35.8%.Total revenues up 1% to $900 million as compared to $890 million in the prior year period; this includes a negative 1% impact from foreign currency and 2% related to exited brands and businesses. GAAP net loss of... More