Shares of Perry Ellis International Inc. fell more than 30 percent Thursday after the company revealed lower third-quarter earnings, slashed the full-year forecast and started a review of its underperforming businesses.
Earnings for the third quarter ended Oct. 31 are now expected to be 30 to 33 cents a diluted share, below the 55 cents in last year’s quarter and the identical consensus estimate for the just completed period. Revenues are expected to drop 2 percent to $222.8 million from $227.5 million.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
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