Shares of PVH Corp PVH — the owner of Tommy Hilfiger, Calvin Klein, Warner's, Olga and True & Co. — tanked Wednesday after the clothing company reported downbeat second-quarter earnings. Goldman Sachs analyst Brooke Roach maintained a Buy rating and price target of $144. JPMorgan analyst Matthew Boss reiterated an Overweight rating and price target of $154. Check out other analyst stock ratings. Goldman Sachs: PVH reported adjusted earnings of $3.01 per share, beating consensus of $2.29 per share, driven ma ...

Calvin Klein parent PVH Corp (NYSE:PVH) joined today's flood of retail earnings, announcing its secondquarter report after the close yesterday. And though the company boasted strong results, with earnings of $3.01 per share beating analyst estimates of $2.28 and revenue of $2.07 billion representing a small beat, disappointing third-quarter and full-year guidance is weighing as international sales decrease. In response, a handful of analysts lowered their price targets, including Wells Fargo to $130 and Eve ...

Key Takeaways Shares of PVH sank in premarket trading Wednesday, a day after the parent of Calvin Klein and Tommy Hilfiger reported a 6% year-over-year second-quarter revenue decline amid a "challenging consumer environment." PVH's sales were in line with estimates and it posted better-than-expected profit. Struggling international sales in China and Australia led the company to affirm its full-year projections of a revenue drop between 6% and 7%. Shares of PVH (PVH) sank in premarket trading Wednesday, a d ...

PVH (PVH) reported $2.07 billion in revenue for the quarter ended July 2024, representing a year-over-year decline of 6%. EPS of $3.01 for the same period compares to $1.98 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $2.07 billion, representing a surprise of +0.29%. The company delivered an EPS surprise of +32.60%, with the consensus EPS estimate being $2.27. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectat ...

PVH (PVH) came out with quarterly earnings of $3.01 per share, beating the Zacks Consensus Estimate of $2.27 per share. This compares to earnings of $1.98 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 32.60%. A quarter ago, it was expected that this owner of the Calvin Klein and Tommy Hilfiger brands would post earnings of $2.14 per share when it actually produced earnings of $2.45, delivering a surprise of 14.49%. Over the ...

Calvin Klein ＴＯＭＭＹ 〓 HILFIGER PVH CORP. REPORTS 2024 SECOND QUARTER EARNINGS ABOVE GUIDANCE • Second quarter ◦ Revenue: Decreased 6% to $2.074 billion compared to the prior year period (decreased 5% on a constant currency basis), in line with guidance of a decrease of 6% to 7% (decrease of 5% to 6% on a constant currency basis) ◦ EPS: ▪ GAAP basis: $2.80 exceeded guidance of approximately $2.25 ▪ Non-GAAP basis: $3.01 exceeded guidance of approximately $2.25 (there were no non-GAAP exclusions in the guidanc ...

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PVH Corp. PVH, the clothing company that owns brands such as Tommy Hilfiger and Calvin Klein, will release earnings results for its second quarter, after the closing bell on Tuesday, Aug. 27. Analysts expect the New York-based company, which also owns Warner's, Olga and True & Co., to report quarterly earnings at $2.29 per share. That's up from $1.98 per share in the year-ago period. PVH is projected to post revenue of $2.07 billion, according to data from Benzinga Pro. On Aug. 7, PVH declared a quarterly c ...

olaser Soon after my last article on the Tommy Hilfiger and Calvin Klein brands' owner PVH Corp. (NYSE:PVH), its stock price fell off a cliff following its final quarter (Q4 2023) and full-year 2023 (year ending January 2024) results (see chart below). The results themselves weren't bad compared with expectations. But there was a very good reason for the price decline. The outlook, as the company expected the number to contract by 6-7% in 2024 in both reported and constant currency terms. With a 10% year-on ...

PVH Corp. PVH, the clothing company that owns brands such as Tommy Hilfiger and Calvin Klein, will release earnings results for its second quarter, after the closing bell on Tuesday, Aug. 27. Analysts expect the New York-based company, which also owns Warner's, Olga and True & Co., to report quarterly earnings at $2.29 per share. That's up from $1.98 per share in the year-ago period. PVH is projected to post revenue of $2.07 billion, according to data from Benzinga Pro. With the recent buzz around PVH, some ...