PVH Corp. (PVH) Tops Q1 EPS by 5c, FY Guidance Tops Views

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Go back to PVH Corp. (PVH) Tops Q1 EPS by 5c, FY Guidance Tops Views

PVH Corp. Reports 2017 First Quarter Revenue and EPS above Guidance and Raises Full Year Guidance

May 24, 2017 4:15 PM EDT

First quarter revenue increased 4% (increased 5% on a constant currency basis) compared to the prior year period, which exceeded guidance. First quarter EPS exceeded guidance: GAAP basis: $0.89 compared to guidance of $0.73 to $0.75 Non-GAAP basis: $1.65 compared to guidance of $1.58 to $1.60 EPS included a negative impact of $0.11 per share related to foreign currency exchange rates compared to guidance of $0.10 Full year 2017 EPS guidance: GAAP basis: Raised to $6.24 to $6.34 from $6.20 to $6.30 previously Non-GAAP basis: Raised to $7.40 to $7.50 from $7.30 to $7.40 previously... More