Perry Ellis International announced that, based on preliminary estimates, it anticipates Q2 revenue will rise 14% to $195 million from $171 million. It also expects to beat the current mean estimate on First Call of a loss of 15 cents per share for the second quarter.
George Feldenkreis, chairman and CEO, commented, “According to our preliminary results, we finished the strongest second quarter in the history of the company. Based on the positive momentum across all of our business platforms, especially Perry Ellis at department stores and the excellent performance of our other brands, we expect fiscal 2008 to represent a record year for Perry Ellis International.”
Final results are due August 20.
Perry Ellis's brands include Perry Ellis, Jantzen, Cubavera, Munsingwear, Savane, Original Penguin, Grand Slam, Natural Issue, Pro Player, the Havanera Co., Axis, Tricots St. Raphael, Gotcha, Girl Star and MCD. It also makes Dockers outerwear, Nike and JAG swimwear, and PING and PGA TOUR golf apparel.
