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Perry Ellis International Inc (PERY.OQ)

PERY.OQ on NASDAQ Stock Exchange Global Select Market

26.84USD
16 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Ousted Perry Ellis Chairman George Feldenkreis Offers To Buy Co for $430 million‍​
Wednesday, 7 Feb 2018 06:33am EST 

Feb 7 (Reuters) - George Feldenkreis::ON FEB 6, MADE PROPOSAL TO PERRY ELLIS INTERNATIONAL TO ACQUIRE ALL SHARES NOT OWNED BY FELDENKREIS FOR $27.50/SHARE IN CASH‍​.REPORTS A 11.3 PCT STAKE IN PERRY ELLIS INTERNATIONAL INC AS OF FEB 6 - SEC FILING.MADE PROPOSAL TO PERRY ELLIS INTERNATIONAL WITH FINANCIAL BACKING OF FORTRESS INVESTMENT GROUP.BELIEVE PERRY ELLIS INTERNATIONAL, LICENSEES, EMPLOYEES WOULD "BENEFIT GREATLY IN THE LONG RUN FROM PRIVATE OWNERSHIP OF PERY".AFTER "CAREFUL" CONSIDERATION, BELIEVES MOST FAVORABLE ALTERNATIVE FOR ALL PERRY ELLIS STAKEHOLDERS IS A “GOING PRIVATE” TRANSACTION.FORTRESS IS PREPARED TO COMMIT "SUBSTANTIAL" CAPITAL RESOURCES TO PERRY ELLIS INTERNATIONAL, TO HELP FUND FUTURE ACQUISITIONS.FORTRESS CAN COMMIT 100 PERCENT OF CASH EQUITY REQUIRED TO CONSUMMATE PERRY ELLIS INTERNATIONAL TRANSACTION.EXPECTS TO FINANCE DEAL TO ACQUIRE ALL SHARES NOT OWNED BY HIM OF PERRY ELLIS INTERNATIONAL WITH A COMBINATION OF DEBT & EQUITY.FORTRESS HAS RECEIVED REQUISITE INTERNAL APPROVALS TO SUBMIT PERRY ELLIS PROPOSAL."MY SON OSCAR OWNS AN ADDITIONAL 7.9% OF THE OUTSTANDING COMMON STOCK" OF PERRY ELLIS INTERNATIONAL.AS PART OF A TRANSACTION,WOULD ANTICIPATE DISCUSSING WITH OSCAR IF HE WOULD CONTRIBUTE EXISTING EQUITY OWNERSHIP OF PERRY ELLIS.  Full Article

Perry Ellis's Founder Makes Bid To Buy Company- WSJ,Citing Sources
Tuesday, 6 Feb 2018 04:11pm EST 

Feb 6 (Reuters) - :PERRY ELLIS'S FOUNDER MAKES BID TO BUY THE APPAREL COMPANY- WSJ,CITING SOURCES.GEORGE FELDENKREIS SENT LETTER TO PERRY ELLIS' BOARD TUESDAY PROPOSING DEAL AT $27.50 A SHARE, OR ABOUT $430 MILLION- WSJ,CITING SOURCES.  Full Article

Perry Ellis International Signs Licensing Deal For Original Penguin By Munsingwear
Monday, 8 Jan 2018 09:00am EST 

Jan 8 (Reuters) - Perry Ellis International Inc ::PERRY ELLIS INTERNATIONAL SIGNS LICENSING DEAL FOR AN ORIGINAL PENGUIN BY MUNSINGWEAR®.PERRY ELLIS INTERNATIONAL - ‍ DISTRIBUTION TOBEGIN AT MAJOR DEPARTMENT STORES, UPSCALE SPECIALTY STORES IN MEXICO WITH PLANNED LAUNCH IN FALL 2018​.  Full Article

George Feldenkreis Reports 11.3 Pct Stake In Perry Ellis
Friday, 8 Dec 2017 04:20pm EST 

Dec 8 (Reuters) - Perry Ellis International Inc ::GEORGE FELDENKREIS REPORTS 11.3 PERCENT STAKE IN PERRY ELLIS INTERNATIONAL INC AS OF DECEMBER 4 - SEC FILING.  Full Article

Perry Ellis International Q3 ADJUSTED EARNINGS PER SHARE $0.25
Thursday, 30 Nov 2017 06:45am EST 

Nov 30 (Reuters) - Perry Ellis International Inc ::PERRY ELLIS INTERNATIONAL REPORTS THIRD QUARTER FISCAL 2018 RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $0.25.Q3 GAAP EARNINGS PER SHARE $0.21.Q3 REVENUE $199 MILLION VERSUS I/B/E/S VIEW $198.7 MILLION.Q3 EARNINGS PER SHARE VIEW $0.25 -- THOMSON REUTERS I/B/E/S.PERRY ELLIS INTERNATIONAL- REITERATES REVS GUIDANCE FOR FISCAL YEAR IN RANGE OF $870 MILLION TO $880 MILLION & DILUTED EPS IN A RANGE OF $2.07 TO $2.17.FY EARNINGS PER SHARE VIEW $2.13, REVENUE VIEW $875.8 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Perry Ellis International says appointed ‍jorge Narino as interim CFO
Thursday, 9 Nov 2017 07:05pm EST 

Nov 9 (Reuters) - Perry Ellis International Inc :‍Perry Ellis promotes SVP of SEC Financial reporting to interim CFO​.Perry Ellis International Inc says appointed ‍jorge Narino as interim Chief Financial Officer​.  Full Article

Perry Ellis International elects J. David Scheiner as non-executive chairman of the board
Wednesday, 20 Sep 2017 09:34am EDT 

Sept 20 (Reuters) - Perry Ellis International Inc :Perry Ellis International elects J. David Scheiner as non-executive chairman of the board.Perry Ellis International Inc - ‍Scheiner succeeds George Feldenkreis​.Perry Ellis International Inc - ‍Oscar Feldenkreis will remain in his position of chief executive officer​.  Full Article

Perry Ellis International Q2 GAAP earnings per share $0.06
Thursday, 24 Aug 2017 06:45am EDT 

Aug 24 (Reuters) - Perry Ellis International Inc :Perry Ellis International reports second quarter fiscal 2018 revenues and earnings per share, exceeding guidance.Q2 adjusted earnings per share $0.16.Q2 GAAP earnings per share $0.06.Q2 revenue $207 million versus I/B/E/S view $202.3 million.Reaffirms FY 2018 earnings per share view $2.07 to $2.17.Sees FY 2018 revenue $870 million to $880 million.Q2 earnings per share view $0.10 -- Thomson Reuters I/B/E/S.FY2018 earnings per share view $2.13 -- Thomson Reuters I/B/E/S.FY2018 revenue view $878.4 million -- Thomson Reuters I/B/E/S.  Full Article

Perry Ellis International announces expansion of men's and boy's footwear license for Perry Ellis brand
Monday, 24 Jul 2017 09:00am EDT 

July 24 (Reuters) - Perry Ellis International Inc :Perry Ellis International announces expansion of men's and boy's footwear license for Perry Ellis brand.  Full Article

Perry Ellis International announces new eyewear license for Rafaella
Monday, 5 Jun 2017 09:00am EDT 

June 5 (Reuters) - Perry Ellis International Inc :Perry Ellis International announces new eyewear license for Rafaella.Perry Ellis International -agreement includes rights to design and distribute ophthalmic eyewear, sunglasses, readers under Rafaella brand in U.S., Canada, Mexico.Perry Ellis International - new line will be distributed in optical retail stores and other accounts with a product launch scheduled for spring 2018.  Full Article

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Former Perry Ellis chairman offers to buy company for $430 million

Perry Ellis International Inc's former chairman, George Feldenkreis, on Wednesday offered to buy the clothing company for $430 million with a plan to take the company private.