PVH Raises EPS View on Q2 Earnings Beat Despite Soft Revenues

PVH Corp. (PVH) reported second-quarter fiscal 2024 results, wherein both earnings and revenues topped the Zacks Consensus Estimate. The bottom line significantly improved while the top line fell year over year. Results gained from the strong execution of the PVH+ Plan, which led to robust gross margin expansion and double-digit adjusted earnings per share (EPS) growth. Let's Delve Deeper Into PVH's Q2 Performance PVH reported adjusted earnings of $3.01 per share, up 52.0% from the year-ago quarter's $1.98. ...