It had net income of $8,997,000 against a loss of $17,695,000 for the fourth quarter ended Jan. 28 on a sales decline of 5% to $195,572,000 compared to $205,464,000 as its plan to focus on more profitable lines, expanding international and DTC sales and streamlining operations continues to benefit the bottom line. For the FY, PERY had income of $14,517,000 against a loss of $7,292,000 on sales of $825,086,000, down 5% from $864,806,000.

During Q4, PERY saw an increase in its men’s business ... Log in to view full article.