PVH Corp. Reports 2015 First Quarter Results, Raises Full Year EPS Guidance on a Non-GAAP Basis and Announces Stock Repurchase Authorization

Go back to PVH Corp. Reports 2015 First Quarter Results, Raises Full Year EPS Guidance on a Non-GAAP Basis and Announces Stock Repurchase Authorization

Piper Jaffray Remains Bullish on PVH Corp. (PVH) as QTD Trends Improve

June 3, 2015 7:41 AM EDT

Piper Jaffray maintains an Overweight rating and $130 price target on PVH Corp (NYSE: PVH) following the company's beat and raise Q1. Analyst Erinn Murphy said that if current business momentum continues as it is, the Q2 guidance will likely prove to be... More

Janney Capital Raised Price Target on PVH Corp. (PVH) Following Q1

June 3, 2015 6:59 AM EDT

Janney Capital reiterates a Buy rating on PVH Corp (NYSE: PVH), and raised the price target to $133.00 (from $126.00), following Q1. Analyst Eric Tracy believes that the profitability and strength coming from CK, along with the FCF optionality and discount valuation, creates a compelling... More

Piper Jaffray Remains Bullish Following PVH Corp. (PVH) Q1 Results

June 2, 2015 8:08 AM EDT

Piper Jaffray maintains an Overweight rating and $130.00 price target on PVH Corp (NYSE: PVH) following its Q1 earnings results. EPS came in at $1.50 vs. $1.37 estimates. Overall, sales were $1,879M vs. $1,894M estimate.

Analyst Erinn Murphy commented, "We are maintaining our OW rating on PVH following the company's Q1 release in which EPS came in at $1.50 vs. our $1.37 Better-than-expected EBIT anchored by SG&A improvements drove $0.12 of the beat relative to our estimate. During Q1, Europe outperformed the U.S. with CK int'l... More

UPDATE: PVH Corp. (PVH) Tops Q1 EPS by 12c; Boosts FY15 EPS Outlook

June 1, 2015 4:01 PM EDT

(Updated - June 1, 2015 4:10 PM EDT)

PVH Corp. (NYSE: PVH) reported Q1 EPS of $1.50, $0.12 better than the analyst estimate of $1.38. Revenue for the quarter came in at $1.79 billion versus the consensus estimate of $1.86 billion.

The Companys Board of Directors has authorized a $500 million three-year stock repurchase program. Stock repurchases under this program may be made from time to time over the period through open market purchases, accelerated share repurchase programs, privately negotiated transactions or other methods, as the Company deems appropriate. Purchases would be made based on a variety of factors, such as... More