* Sees Q2 loss at $0.15-$0.17/shr vs est. loss $0.20/shr
* Raises FY11 EPS outlook to $1.53-$1.68
Aug 17 Apparel maker Perry Ellis International
Inc (PERY.O) expects to post a narrower-than-expected quarterly
loss helped by margin expansion, and earn more than it had
earlier forecast for fiscal 2011.
Perry Ellis, whose brands include Laundry by Shelli Segal,
Cubavera and Jantzen, sees a second-quarter loss between 15-17
cents a share.
Analysts on average expect a loss of 20 cents, according to
Thomson Reuters I/B/E/S.
For the fiscal year, the company, which sells its brands in
department stores such as Macy's Inc (M.N) and Kohl's Corp
(KSS.N), expects to earn $1.53-$1.68 a share, compared with its
previous estimate of $1.45-$1.60 a share.
Analysts expect earnings of $1.61 a share.
The company, which also distributes accessories and
fragrances, said it is comfortable with its fiscal year revenue
outlook of $775-$795 million.
The Miami-based company's shares, which rallied 36 percent
in the last six months, closed at $21.54 Monday on the Nasdaq.
(Reporting by Shobhana Chadha in Bangalore; Editing by Don