Perry Ellis International Reports First Quarter Fiscal 2015 Results
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Solid performance in our direct-to-consumer business resulted in a 5.6 percent comparable same store sales increase driven by Perry Ellis as well as by our direct e-commerce, which posted a 43 percent sales increase.
Fiscal 2015 First Quarter Results
Total revenue for the first quarter of fiscal 2015 was $257 million, a 2 percent decrease compared to $262 million reported in the first quarter of fiscal 2014. As anticipated, revenues were impacted by planned exits of certain private and retailer exclusive branded programs. These exits were almost entirely offset by increases in golf lifestyle apparel, Nike swim and Original Penguin as well as stronger direct-to-consumer revenue results.
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