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24.08.2016 22:24:35

PVH Corp. Q2 Profit Climbs 4%

(RTTNews) - PVH Corp. (PVH) announced earnings for its second quarter that gained ground from last year.

The company said its bottom line rose to $119.8 million, or $1.47 per share. This was higher than $114.7 million, or $1.37 per share, in last year's second quarter.

Analysts had expected the company to earn $1.29 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.8% to $1.93 billion. This was up from $1.86 billion last year.

PVH Corp. earnings at a glance:

-Earnings (Q2): $119.8 Mln. vs. $114.7 Mln. last year. -Earnings Growth (Y-o-Y): 4.4% -EPS (Q2): $1.47 vs. $1.37 last year. -EPS Growth (Y-o-Y): 7.3% -Analysts Estimate: $1.29 -Revenue (Q2): $1.93 Bln vs. $1.86 Bln last year. -Revenue Change (Y-o-Y): 3.8%

-Guidance: Next quarter EPS guidance: $2.35 to $2.40 Full year EPS guidance: $6.55 to $6.65

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