PVH's Q4 Earnings Surpass Estimates, DTC Revenues Dip 5% Y/Y

PVH Corporation (PVH) reported better-than-expected results in the fourth quarter of fiscal 2024, wherein both earnings and revenues topped the Zacks Consensus Estimate. However, the bottom and top lines fell year over year. Results were hurt by a tough macro backdrop. PVH reported adjusted earnings of $3.27 per share, down 12.1$3.72. The bottom line beat the Zacks Consensus Estimate of earnings of $3.19 per share and the company's guidance of$3.05-$3.20. The figure included t ...