UPDATE: PVH Corp. (PVH) Tops Q1 EPS by 12c; Boosts FY15 EPS Outlook
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PVH Corp. Reports 2015 First Quarter Results, Raises Full Year EPS Guidance on a Non-GAAP Basis and Announces Stock Repurchase Authorization
June 1, 2015 4:00 PM EDTFirst Quarter EPS on a Non-GAAP Basis Exceeded Top End of Guidance at $1.50, and Included a $0.27 Negative Impact Primarily Related to Foreign Currency Exchange Rates Compared to Prior Year; GAAP EPS Was $1.37 First Quarter Outperformance Primarily Driven by Calvin Klein Business Company Raises Full Year 2015 EPS Guidance to $6.85 to $6.95 on a Non-GAAP Basis from $6.75 to $6.90, Which Reflects an Expected Negative Impact of Approximately $1.25 Per Share Primarily Related to Foreign Currency Exchange Rates Board Authorizes $500 Million Three-Year Stock Repurchase Program
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