PVH Corp. (PVH) Tops Q2 EPS by 8c, Revenues Beat; Boosts FY18 EPS Outlook
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PVH Corp. Reports 2018 Second Quarter Revenue and EPS above Guidance and Raises Full Year Outlook
August 29, 2018 4:15 PM EDTSecond quarter revenue increased 13% (increased 11% on a constant currency basis) compared to the prior year period and exceeded guidance Second quarter EPS exceeded guidance and was: GAAP basis: $2.12 compared to guidance of $1.98 to $2.03 Non-GAAP basis: $2.18 compared to guidance of $2.05 to $2.10 Full year 2018 EPS outlook raised despite reduced foreign currency benefit: GAAP basis: Raised to $8.96 to $9.01 from $8.81 to $8.91 previously Non-GAAP basis: Raised to $9.20 to $9.25 from $9.05 to $9.15 previously The strengthening U.S. dollar lowered the estimated positive... More
