PVH Corp. (PVH) Tops Q4 EPS by 7c, Doesn't Provide Guidance

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Go back to PVH Corp. (PVH) Tops Q4 EPS by 7c, Doesn't Provide Guidance

PVH Corp. Reports 2019 Fourth Quarter and Full Year Results

April 1, 2020 4:15 PM EDT

2019 revenue exceeded guidance: Fourth quarter revenue of $2.60 billion increased 5% (increased 6% on a constant currency basis) compared to the prior year period Full year 2019 revenue of $9.91 billion increased 3% (increased 5% on a constant currency basis) compared to 2018 2019 EPS was: GAAP basis: $(0.93) (fourth quarter) and $5.60 (full year) Non-GAAP basis: $1.88 (fourth quarter) and $9.54 (full year) and exceeded guidance EPS included a negative impact of approximately $0.25 per share due to additional inventory reserves recorded as a result of the onset of the COVID-19... More