Perry Ellis International Reports Fourth Quarter & Full Fiscal 2014 Results
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The gross margin for fiscal 2014 was 33.2 percent compared to the gross margin of 32.7 percent in fiscal 2013. Gross margin was positively impacted by a reduction in promotional activity in our sportswear collection businesses, a more favorable revenue mix between branded and private label revenues, as well as a stronger contribution from the company's higher margin international platform and licensing revenues. These margin improvements were partially offset by higher liquidation sales in the fashion swim business and a reduced mix of higher margin replenishment sales.
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