Perry Ellis International Reports Second Quarter Fiscal 2018 Revenues and Earnings per Share, Exceeding Guidance

MIAMI, Aug. 24, 2017  -- Perry Ellis International, Inc. (NASDAQ:PERY) today reported results for the second quarter ended July 29, 2017 (“second quarter of fiscal 2018”).  Second quarter results reflected increases across key financial metrics including increased total revenues and expansion in gross margin, which led to a more than doubling of pre-tax income versus the prior year second quarter.
 
Key Fiscal Second Quarter 2018 Financial Accomplishments and Operational Highlights:
 
Total revenues of $207 million, exceeding guidance of $202 to $205 million and rising 2.5% (3.0% in constant currency) from $202 million reported in the second quarter of fiscal 2017
Read more: Perry Ellis International ( PERY )

Citi Trends Announces Fourth Quarter and Fiscal 2016 Results

Fourth quarter 2016 net income increased 60% to $5.6 million
Full year net income per diluted share of $0.91 compared with $1.03 last year
 
Citi Trends, Inc. (NASDAQ:CTRN) today reported results for the fourth quarter and fiscal year ended January 28, 2017.
 
Financial Highlights – 13-week fourth quarter ended January 28, 2017
 
Total sales in the 13 weeks ended January 28, 2017 increased 5.4% to $185.5 million compared with $176.1 million in the 13 weeks ended January 30, 2016. Comparable store sales increased 3.4% in the fourth quarter.
 
Net income increased 60% to $5.6 million, or $0.38 per diluted share, in the fourth quarter of 2016 compared with $3.5 million, or $0.24 per diluted share, in last year’s fourth quarter.
Read more: Citi Trends Inc ( CTRN )

Blue Nile Enters Into Definitive Agreement to be Acquired by Bain Capital Private Equity and Bow Street LLC for Approximately $500 Million

Investor Group to acquire all outstanding Blue Nile common stock for $40.75 per share in take-private transaction
 
SEATTLE, Nov. 07, 2016 -- Leading online jeweler Blue Nile (NILE), today announced that it has entered into a definitive agreement to be acquired by an Investor Group comprised of funds managed by Bain Capital Private Equity and Bow Street LLC (collectively the “Investor Group”).
 
The terms of the all-cash deal provide substantial value to Blue Nile’s stockholders. The Investor Group will acquire 100 percent of the outstanding shares of Blue Nile common stock for approximately $500 million. Blue Nile stockholders will receive $40.75 in cash per share, representing a premium of approximately 34 percent over Blue Nile’s closing price on November 4, 2016.
Read more: Blue Nile ( NILE )

Crocs, Inc. Reports First Quarter 2016 Financial Results

Revenue Increased 6.5% to $279.1 Million
 
NIWOT, Colo., May 10, 2016  -- Crocs, Inc. (CROX) today reported financial results for the three months ended March 31, 2016.
 
First Quarter Highlights:
Revenue increased 6.5% to $279.1 million. On a constant currency basis, revenue increased 9.2% compared to the first quarter of 2015.
Net income attributable to common stockholders on a GAAP basis was $6.4 million or $0.07 per diluted share.
Gregg Ribatt, Chief Executive Officer, said: “We are pleased with our start to the new year. First quarter revenue increased 6.5% driven by the positive response to our spring/summer 2016 line and operational improvements. While operational supply chain improvements resulted in some favorable timing of wholesale shipments in the quarter compared to our initial expectations, the strong growth in our e-commerce business and positive retail comps in all regions demonstrates the meaningful progress we have made in repositioning the Crocs brand and business over the past 21 months. There is still work to be done to position the company for sustained success; however, we remain confident that we are on track to deliver our full year and future sales and profit objectives.”
Read more: Crocs Inc ( CROX )

Columbia Sportswear Company Reports Record Fourth Quarter and Full Year Sales and Earnings; 2015 Net Income Increases 27 Percent on 11 Percent Sales Growth

4th Quarter 2015 Highlights:

  • Net sales increased 3 percent (7 percent constant-currency) to a fourth-quarter record $699.4 million.
  • Operating income hit a fourth-quarter record of $82.3 million, or 11.8 percent of net sales.
  • Net income increased 14 percent to a fourth-quarter record $63.4 million, or $0.90 per diluted share.
  • Repurchased $55.5 million of the company’s common stock.
  • The board of directors approved a regular quarterly dividend of $0.17 per share, payable March 17, 2016 to shareholders of record on March 4, 2016.
    Read more: Columbia Sportswear Company ( COLM )

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