By  on August 19, 2009

Cost cuts helped Perry Ellis International Inc. narrow its second-quarter loss, and the apparel firm’s optimistic outlook attracted investors Wednesday.

For the three months ended Aug. 1, the Miami-based vendor reported a loss of $5.3 million, or 42 cents a diluted share, versus a loss of $5.4 million, or 36 cents a share, a year ago. Analysts polled by Yahoo Finance had expected a loss of 57 cents a share, on average.

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