PVH Corp. (PVH) Tops Q4 EPS by 72c, FY EPS Guidance Tops Views

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PVH Corp. Reports Strong 2022 Fourth Quarter Results Above Guidance; 2023 Outlook Reflects Strong EPS Growth

March 27, 2023 4:15 PM EDT

2022 fourth quarter and full year revenue exceeded guidance: Fourth quarter revenue increased 2% to $2.489 billion compared to the prior year period (increased 8% on a constant currency basis); guidance was a decrease of approximately 4% (an increase of approximately 4% on a constant currency basis) Full year 2022 revenue decreased 1% to $9.024 billion compared to 2021 (increased 5% on a constant currency basis); guidance was a decrease of approximately 3% (an increase of approximately 4% on a constant currency basis) 2022 fourth quarter and full year EPS exceeded guidance: GAAP basis: $2.18 (fourth quarter) compared to guidance of approximately $0.45... More