Perry Ellis International Inc. (PERY) Reinforces FY 2010 Preliminary Earnings, Offers FY 2011 Guidance
Perry Ellis International Inc. designs, distributes and licenses men’s and women’s apparel, accessories and fragrances. The company today released an update for its fiscal 2010 earnings and guidance for fiscal 2011. The company said it anticipates results in line with, or exceeding the top end of its previous guidance of 80 cents to 95 cents per fully diluted share. Perry Ellis is expected to post its 2010 results mid-march, reflecting year-over-year increases over its preliminary fourth-quarter results. “Strong performance across our product lines most notably within Perry Ellis Collection allowed us to significantly reduce our markdown allowances. This reduction coupled…