PVH Corp. (PVH) Tops Q1 EPS by 11c, Raises FY EPS Guidance but Misses Views at Mid-Point
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PVH Corp. Reports 2018 First Quarter Revenue and EPS above Guidance and Raises Full Year EPS Outlook
May 30, 2018 4:15 PM EDTFirst quarter revenue increased 16% (increased 10% on a constant currency basis) compared to the prior year period and exceeded guidance across all businesses First quarter EPS exceeded guidance and was: GAAP basis: $2.29 compared to guidance of $2.13 to $2.18 Non-GAAP basis: $2.36 compared to guidance of $2.20 to $2.25 EPS included a positive impact of $0.20 per share related to foreign currency translation, which was in line with guidance Full year 2018 EPS outlook raised despite reduced foreign currency benefit: GAAP basis: Raised to $8.81 to $8.91 from $8.76 to $8.86 previously... More
