Agenda-setting intelligence, analysis and advice for the global fashion community.

Perry Ellis Beats 1Q profit Forecasts

Perry Ellis International Inc. on Thursday reported fiscal first-quarter earnings of $9.4 million. The results exceeded Wall Street expectations.

Associated Press

14 May 2015

MIAMI, United States — Perry Ellis International Inc. on Thursday reported fiscal first-quarter earnings of $9.4 million.

The Miami-based company said it had net income of 62 cents per share. Earnings, adjusted for one-time gains and costs, were 99 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.

The clothing maker posted revenue of $266.4 million in the period.

Perry Ellis expects full-year earnings in the range of $1.68 to $1.75 per share, with revenue in the range of $925 million to $935 million.

Perry Ellis shares have dropped slightly more than 7 percent since the beginning of the year. The stock has increased 62 percent in the last 12 months.

In This Article

Topics

Financial Markets

Organisations

Location

Miami, United States

The Met’s Next Fashion Blockbuster Will Spotlight Galliano

The fashion icon, as famous for his singular talent as a scandal that cost him one of the industry’s top jobs, will become one of only three living designers to get a major solo exhibition at the museum.

The BoF Podcast | The Patient Work of Turning Around Dior

This week LVMH's fashion and leather goods division returned to growth for the first time in nearly two years, with Dior as one of the highlights. Last December, before a single piece he'd designed reached a shop, Jonathan Anderson spoke to Imran Amed about his plans for remaking the house.

Luxury’s Mid-Year Review

How are designer revamps landing? Can logo-free luxury stay on top? BoF checks in on LVMH and Kering’s Q2, the French presidential race and more.

LVMH Sells Patou Back to Cosmetics Magnate Dilesh Mehta

The historic French perfume name, which had been relaunched by LVMH in 2019 as a fashion label geared to younger shoppers, has been acquired by the Mehta family, already shareholders since 2011.

The Business of Fashion