Perry Ellis Int'l (PERY) Tops Q4 EPS by 6c, FY18 Revenue Guidance Comes in Light

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Perry Ellis International Reports Fourth Quarter and Full Fiscal 2017 Results

March 22, 2017 7:00 AM EDT

MIAMI, March 22, 2017 (GLOBE NEWSWIRE) -- Perry Ellis International, Inc. (Nasdaq: PERY) today reported results for the fourth quarter ("fourth quarter of fiscal 2017") and the fiscal year ended January 28, 2017 ("fiscal 2017").

Key Fiscal 2017 Financial Accomplishments and Operational Highlights:

GAAP diluted EPS of $0.95 increased from a GAAP loss of $0.49 per share in fiscal 2016Adjusted diluted EPS increased 13% to $2.04 from $1.81 in fiscal 2016Gross margin expanded 150 basis points to 37.0% Adjusted gross margin expanded 140 basis points to a record 37.2%Delivered $2.78 per share in operating cash flow driven in part by a 17%... More