PVH Corp. (PVH) Tops Q4 EPS by 4c; Issues Solid Outlook

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PVH Corp. Reports 2016 Fourth Quarter and Full Year Results and Provides 2017 Guidance

March 22, 2017 4:15 PM EDT

Fourth quarter revenue of $2.1 billion was flat compared to the prior year period and exceeded previous guidance 2016 EPS exceeded guidance and was: GAAP basis: $1.26 (fourth quarter) and $6.79 (full year) Non-GAAP basis: $1.23 (fourth quarter) and $6.80 (full year) 2017 EPS guidance: GAAP basis: $6.20 to $6.30 (full year) and $0.73 to $0.75 (first quarter) Non-GAAP basis: $7.30 to $7.40 (full year) and $1.58 to $1.60 (first quarter) and includes an expected negative impact related to foreign currency exchange rates of $0.40 per share (full year) and $0.10 per share (first... More