Perry Ellis Int'l (PERY) Tops Q3 EPS by 8c; Maintains Outlook
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Perry Ellis International Reports Third Quarter Fiscal 2017 Results
November 17, 2016 7:30 AM ESTMIAMI, Nov. 17, 2016 (GLOBE NEWSWIRE) -- Perry Ellis International, Inc. (NASDAQ: PERY) today reported results for the third quarter ended October 29, 2016 (third quarter of fiscal 2017).
Key Fiscal Third Quarter 2017 Financial and Operational Highlights:
Third quarter revenue totaled $194 million in line with guidance. Gross margin expanded 100 basis points to 36.7% from 35.7% in comparable period of prior year.   Adjusted gross margin expanded 110 basis points to 36.8%. Adjusted diluted earnings per share totaled $0.23, ahead of guidance. GAAP loss per share of $0.34, includes $0.55... More