Why PVH Stock Skyrocketed Today

PVH (PVH 17.99%) stock posted big gains in Tuesday's trading following the release of the company's fiscal fourth-quarter earnings report. The clothing company's share price closed out the day's trading up 18%. After the market closed yesterday, PVH published results for the fourth quarter of its last fiscal year, which ended Feb. 2. The company posted sales and earnings for the period that beat the market's expectations, and it also issued solid forward guidance and announced an accelerated stock buyback p ...