PVH Corp. Reports 2015 Third Quarter Non-GAAP EPS Above Guidance and Maintains Full Year Non-GAAP EPS Guidance
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Go back to PVH Corp. Reports 2015 Third Quarter Non-GAAP EPS Above Guidance and Maintains Full Year Non-GAAP EPS Guidance
December 3, 2015 2:12 PM EST
Credit Suisse downgraded PVH Corp (NYSE: PVH) from Outperform to Neutral with a price target of $101.00 (from $134.00).
Analyst Christian Buss commented, "Headwinds to earnings power for PVH are mounting yet again, as Calvin Klein demand strength and sourcing efforts no longer appear to... More
December 3, 2015 6:47 AM EST
Cowen maintained an Outperform rating on PVH Corp (NYSE: PVH), and cut the price target to $115.00 (from $130.00), following the company's 3Q earnings report. Management is expecting a challenged retail environment to continue into FY16. A softer outlook on Hilfiger drives PVH to trim FY15... More
December 2, 2015 4:18 PM EST
PVH Corp. (NYSE: PVH) reported Q3 EPS of $2.66, $0.18 better than the analyst estimate of $2.48. Revenue for the quarter came in at $2.16 billion versus the consensus estimate of $2.18 billion.PVH Corp. reaffirmed FY2015 guidance.
Full Year Guidance
The Company currently continues to project that earnings per share for the full year 2015 will be in a range of $6.90 to $7.00 on a non-GAAP basis, which includes approximately $1.35 negative impact related to foreign currency exchange rates and pressures on the Companys Russia businesses, as described above. Excluding this negative impact, which increased from previous guidance... More
