Perry Ellis International, Inc., (PERY: chart), lowered its financial outlook for revenue for fiscal 2006 to reflect uncertainty related to industry consolidation and certain macroeconomic factors. The company envisages revenue of between $850 million and $860 million for the year, down vs. a prior outlook of $890 million. Perry Ellis still expects earnings of $2.25 a share for the full year.

Campbell Soup Co, (CPB: chart), food products company, reported Q1 of fiscal 2006 adjusted net earnings of 58 cents a share up from 56 cents in the year-ago period, beating analyst view of 56 cents a share. Sales reached $2.11 billion from $2.09 billion, as U.S. soup, sauce and beverage sales slipped 2% to $970 million. Campbell Soup also affirmed its full-year growth forecast of 5% to 7% for earnings per share.

CBRL Group Inc., (CBRL: chart), restaurant chain operator, reported a Q1 for fiscal 2006 net income of 51 cents a share, down from 57 cents in the same period in fiscal 2005 on 3.4% revenue growth, missing analyst estimate of 53 cents per share. Earnings for the latest quarter included 4 cents related to stock option expense; the company also had 5% fewer weighted average shares outstanding than in Q1 of fiscal 2005.

Hastings Entertainment Inc, (HAST: chart), retailer, posted Q3 earnings of 80 cents a share, up from 72 cents a share in year-ago period on 37% revenue growth, beating the analyst estimate of 78 cents a share. The company lowered its financial outlook for revenue for fiscal 2006 to reflect uncertainty related to industry consolidation and certain macroeconomic factors.

The Valspar Corp, (VAL: chart), coatings manufacturer, reported Q4 net income of 50 cents a share up from 38 cents a share in the same period last year, topping analysts’ forecasts of 42 cents a share. If not for a one-off tax gain and a lower Q4 tax rate, the company would have gained 44 cents a share. The company also added that sales rose 12.4%. Valspar announced that it continues to implement its plan to rationalize its manufacturing capacity.

G. Willi-Food International Ltd, (WILCF: chart), food products distributor, announced Q3 net income of NIS 0.41($ 0.09) per share, an increase of 52% year-over-year, and declared a cash dividend of 12 cents per share on 2% revenue growth. Gross margins for the latest quarter were 26.5% compared to 21.8% in the year-ago period.