Revenue Update on Perry Ellis International(NASDAQ:PERY)

Perry Ellis International(NASDAQ:PERY) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during Pre-market on Apr 12, 2016. Company reported revenue of $214.36M. Analysts estimated a revenue of $214.23M. Earnings per share were $0.35. Analysts had estimated an EPS of $0.35.

Perry Ellis International (PERY) made into the market gainers list on Fridays trading session with the shares advancing 0.22% or 0.04 points. Due to strong positive momentum, the stock ended at $18.42, which is also near the day’s high of $18.63. The stock began the session at $18.21 and the volume stood at 40,412 shares. The 52-week high of the shares is $28.19 and the 52 week low is $15.73. The company has a current market capitalization of $290 M and it has 1,57,23,089 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Sep 29, 2015, Stephen Harriman (President, Sportswear Division) sold 15,000 shares at $22.64 per share price.Also, On Sep 23, 2015, Oscar Feldenkreis (President and COO) sold 2,718 shares at $24.01 per share price.On Sep 18, 2015, Stanley P Silverstein (Pres-Int’l Dev & Global Lic) sold 15,875 shares at $24.03 per share price, according to the Form-4 filing with the securities and exchange commission.

Perry Ellis International Inc. is an apparel company. The Company designs sources markets and licenses its products nationally and internationally at multiple price points and across retail distribution. The Company’s operating segments include Men’s Sportswear and Swim Women’s Sportswear Direct-to-Consumer and Licensing. The Men’s Sportswear and Swim and Women’s Sportswear segments derive revenues from the design import and distribution of apparel to department stores and other retail outlets across the United States. The Direct-to-Consumer segment derives its revenues from the sale of the Company’s branded and licensed products through the Company’s retail stores and e-commerce platform. The Licensing segment derives its revenues from royalties associated from the use of the Company’s brand names. The Company’s portfolio of brands include Axist Ben Hogan Cubavera Farah Grand Slam Laundry by Shelli Segal Manhattan Perry Ellis Rafaella and Savane among others.

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