PVH Corp. (PVH) Tops Q2 EPS by 5c, Raises FY Guidance

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

August 23, 2017 4:15 PM EDT

Second quarter revenue increased 7% compared to the prior year period, which exceeded guidance. Second quarter EPS outperforms: GAAP basis: $1.52 compared to guidance of $1.35 to $1.38 Non-GAAP basis: $1.69 compared to guidance of $1.60 to $1.63 EPS growth of 37% on a GAAP basis and 15% on a non-GAAP basis over the prior year period EPS included a negative impact of $0.05 per share related to foreign currency exchange rates compared to guidance of $0.07 Full year 2017 EPS guidance: GAAP basis: Raised to $6.44 to $6.54 from $6.24 to $6.34... More