Income up 92% at Perry Ellis

21/05/2010

During the first quarter, Perry Ellis International’s total revenues were $220.3 million compared with $220 million during the prior year period. Net income increased by 92% to $11.2 million compared with $5.8 million for the period ending May 2, 2009.

Oscar Feldenkreis, president and COO, said: "As the economy continues to show signs of a recovery, consumers are responding positively across our brand portfolio, reflecting our increased product focus. Our strong performance at retail has driven solid increases in our gross margins and positions us for continued revenue growth in the future."