PVH Corp. (PVH) Tops Q4 EPS by 20c, Beats on Revenue; Offers FY24 Guidance
PVH Corp. (NYSE: PVH) reported Q4 EPS of $3.72, $0.20 better than the analyst estimate of $3.52. Revenue for the quarter came in at $2.49 billion versus the consensus estimate of $2.42 billion.
2024 full year outlook
- Revenue: Projected to decrease 6% to 7% (decrease 6% to 7% on a constant currency basis) as compared to 2023, inclusive of a 2% reduction resulting from the sale of the Heritage Brands women’s intimates business in November 2023 and a 1% reduction from the 53rd week in 2023
- Operating margin: Projected to be approximately flat compared to 10.1% in 2023
- EPS: Projected to be $10.75 to $11.00
For earnings history and earnings-related data on PVH Corp. (PVH) click here.