PVH: Fiscal Q1 Earnings Snapshot
NEW YORK (AP) _ PVH Corp. (PVH) on Wednesday reported fiscal first-quarter profit of $133.1 million.
The New York-based company said it had net income of $1.94 per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.58 per share.
The owner of the Calvin Klein and Tommy Hilfiger brands posted revenue of $2.12 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $2.08 billion.
For the current quarter ending in August, PVH expects its per-share earnings to be $2. Analysts surveyed by Zacks had forecast adjusted earnings per share of $2.14.
The company expects full-year earnings to be $9 per share.