Perry Ellis Int'l (PERY) Tops Q1 EPS by 8c; Boosts FY17 EPS Outlook
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Perry Ellis International Reports Strong First Quarter Fiscal 2017 Results
May 19, 2016 7:30 AM EDTMIAMI, May 19, 2016 (GLOBE NEWSWIRE) -- Perry Ellis International, Inc. (NASDAQ: PERY) today reported results for the first quarter ended April 30, 2016 (first quarter of fiscal 2017).
Key Fiscal First Quarter 2017 Financial and Operational Highlights:
Adjusted diluted EPS increased to $1.01 as compared to $0.99 per diluted share in comparable period of prior year.Adjusted gross margin expanded to 36.7% as compared to 34.9% in prior year. GAAP gross margin expanded to 36.4% as compared to 33.8% in comparable period of prior year reflecting exited brands. Diluted GAAP EPS... More