PVH Corp. (PVH) Tops Q3 EPS by 60c; Guides FY EPS Higher

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Go back to PVH Corp. (PVH) Tops Q3 EPS by 60c; Guides FY EPS Higher

PVH Corp. Reports 2021 Third Quarter Earnings Above Guidance and Raises Full Year EPS Outlook

December 1, 2021 4:15 PM EST

Third quarter revenue increased 10% to $2.333 billion compared to the prior year period, despite worsening logistics disruptions in October, including significant U.S. port delays, which resulted in a 4% negative impact from an unplanned shift in the timing of U.S. wholesale shipments from the third quarter into the fourth quarter Full year 2021 revenue projected to increase 27% to 28% compared to 2020, reaffirming the top end of previous guidance Revenue in international businesses for the quarter significantly exceeded third quarter 2019 pre-pandemic levels Revenue through digital channels for the quarter grew approximately 15% Digital... More