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PVH: Fiscal Q4 Earnings Snapshot

March 29, 2022 GMT

NEW YORK (AP) _ PVH Corp. (PVH) on Tuesday reported fiscal fourth-quarter net income of $390.8 million.

On a per-share basis, the New York-based company said it had profit of $5.53. Earnings, adjusted for non-recurring gains, were $2.84 per share.

The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.98 per share.

The owner of the Calvin Klein and Tommy Hilfiger brands posted revenue of $2.43 billion in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $2.38 billion.

For the year, the company reported profit of $952.3 million, or $13.25 per share. Revenue was reported as $9.15 billion.

PVH expects full-year earnings to be $9 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PVH at https://www.zacks.com/ap/PVH