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March 21, 2007
Perry Ellis Reports Jump In 4Q Earnings
Perry Ellis International saw a 32 percent gain in earnings during its fourth quarter, to $10.7 million. Sales for the quarter ended Jan. 31 increased by 8.3 percent to $232 million.
The fourth quarter results outshined the company’s year-end sales, which dropped 2.3 percent. Perry Ellis management said it was working on improving performance by cutting distribution costs and sales allowances.
Posted by Blacks on March 21, 2007 08:23 AM
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