Perry Ellis International, Inc. (PERY) Tops Q2 EPS by 4c; Bumps Low-End of FY15 EPS Outlook

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Perry Ellis International Reports $2.5 Million Improvement in Operating Income for the Second Quarter of Fiscal 2015

August 21, 2014 7:30 AM EDT

Adjusted net loss per share of $0.08 better than guidance of an adjusted loss of $0.10 to $0.15 and represents a significant improvement from an adjusted net loss per share of $0.15 in the prior year second quarter. Net revenues total $204 million, in line with guidance and compares to $212 million in the prior year second quarter reflecting private label exits. GAAP net loss per share of $0.11, a significant improvement from net loss per share of $0.19 in the prior year second quarter. Company announces strategic priorities for the remainder of FY... More