PVH Corp
- PVH Corp rose 1% to $80.99 after the owner of several apparel brands including Calvin Klein reported strong quarterly results.
The apparel maker reported quarterly revenue increased 2.2% to $2.21 billion and net income declined to $94.2 million from $115.3 million and diluted earnings per share fell to $1.50 from $1.72 a a year ago.
The company also lifted its full-year earnings per share and revenue outlook.
The company forecasted 2023 revenue to increase between 3% and 4% compared to 2022 and diluted earnings per share to be $9.60 compared to $3.03 respectively.
In the third quarter, the company forecasted revenue to increase in "mid-single" digits and GAAP earnings per share of $2.43 compared to a loss of $2.88 a year ago.
Aug 30, 2023 - PVH Corp, the apparel maker, posted better-than-expected earnings in its latest quarter.
Revenue in the fourth quarter ending in January increased 2% to $2.49 billion and net income declined to $138.7 million from $390.8 million and diluted earnings per share fell to $2.18 from $5.553 a year ago.
Revenue in the full-year 2022 fell to $9.0 billion from $9.2 billion and net income decreased to $200.4 million from $952.3 million and diluted earnings per share plunged to $3.03 from $13.25 a year ago.
The apparel maker guided revenue in 2023 to increase between 3% and 4% and diluted earnings per share is projected to be $10.0 compared to $3.03 a year ago.
Mar 28, 2023
| Year | May | Aug | Nov | Feb | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 2.25 | 2.14 | 1.50 | 2.66 | - | |
| 2022 | 5.47 | 1.94 | 1.72 | -2.88 | 3.03 | |
| 2021 | -0.85 | 1.38 | 2.51 | 3.89 | 13.25 | |
| 2020 | -0.88 | -15.37 | -0.72 | 0.98 | -15.96 | |
| 2019 | 2.09 | 1.08 | 2.58 | 2.82 | 5.6 | |
| 2018 | 1.38 | 2.29 | 2.12 | 3.15 | 9.65 | |
| 2017 | 1.23 | 1.65 | 1.69 | 3.02 | 7.59 | |
| 2016 | 1.52 | 1.50 | 1.47 | 2.60 | 7.09 | |
| 2015 | 1.76 | 1.50 | 1.37 | 2.66 | 7.29 | |
| 2014 | 0.42 | 1.52 | 2.71 | -0.43 | 1.74 | |
| 2013 | -0.13 | -0.07 | 2.37 | 1.08 | 5.87 | |
| 2012 | 1.30 | 1.22 | 2.27 | 0.53 | 3.78 | |
| 2011 | 0.79 | 0.92 | 1.54 | 1.02 | 0.81 | |
| 2010 | -0.53 | -1.07 | 1.39 | 0.51 | 3.08 | |
| 2009 | 0.48 | 0.51 | 1.58 | -0.73 | 1.76 | |
| 2008 | 0.90 | 0.56 | 1.03 | 0.56 | 3.21 | |
| 2007 | 0.92 | 0.68 | 1.05 | 0.55 | 2.64 | |
| 2006 | 0.87 | 0.33 | 0.89 | 0.50 | 1.85 | |
| 2005 | 0.46 | 0.16 | 0.73 | 0.50 | 1.14 |