By  on March 21, 2013

Perry Ellis International Inc. earned back some of the respect it had recently put at risk among investors Thursday as it reported a fourth-quarter performance marked by improving trends in sales, profits and margins.


Shares ended the day at $18.51, up $1.11 or 6.4 percent. They had fallen 13.1 percent, to $16.79, on Feb. 19 after the Miami-based sportswear firm provided guidance for the holiday period that fell well below previous analysts’ estimates.

To access this article, click here to subscribe or to log in.

load comments
blog comments powered by Disqus