Gerry Weber International AG said its normalized net income for the fiscal first quarter ended Jan. 31 amounted to 22 euro cents per share, compared with the S&P Capital IQ consensus estimate of 21 cents per share.
EPS fell year over year from 23 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €10.2 million, a decrease from €10.6 million in the year-earlier period.
The normalized profit margin dropped to 5.3% from 5.5% in the year-earlier period.
Total revenue grew year over year to €192.4 million from €190.4 million, and total operating expenses grew from the prior-year period to €175.0 million from €172.1 million.
Reported net income fell 9.1% on an annual basis to €10.5 million, or 23 cents per share, from €11.6 million, or 25 cents per share.
