PVH Corp. (PVH) Tops Q2 EPS by 5c, Raises FY Guidance

PVH Corp. (NYSE: PVH) reported Q2 EPS of $1.69, $0.05 better than the analyst estimate of $1.64. Revenue for the quarter came in at $2.07 billion versus the consensus estimate of $2.03 billion.

GUIDANCE:

PVH Corp. sees FY2017 EPS of $7.60-$7.70, versus the consensus of $6.76.

• GAAP basis: Raised to $6.44 to $6.54 from $6.24 to $6.34 previously
• Non-GAAP basis: Raised to $7.60 to $7.70 from $7.40 to $7.50 previously
• Guidance includes a negative impact of $0.20 per share related to foreign currency exchange rates compared to previous guidance of $0.35

For earnings history and earnings-related data on PVH Corp. (PVH) click here.

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