PVH Corp (PVH) gains from its brand strength and direct-to-consumer business. Its PVH+ Plan looks encouraging.
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PVH Corp. (NYSE:PVH) shares moved higher after the fashion conglomerate whose brands include Calvin Klein and Tommy Hilfiger reported better-than-expected financial results for the first quarter. Revenue was down 10% at $1.95 billion, better than the company's guidance of an 11% decrease.
PVH Corp's (PVH) first-quarter fiscal 2024 results benefit from the strong execution of the PVH+ Plan and other efforts.
PVH Corporation (NYSE:PVH ) Q1 2024 Earnings Conference Call June 5, 2024 9:00 AM ET Company Participants Stefan Larsson - Chief Executive Officer Zac Coughlin - Chief Financial Officer Sheryl Freeman - Senior Vice President, Investor Relations Conference Call Participants Matthew Boss - JP Morgan Bob Drbul - Guggenheim Michael Binetti - Evercore ISI Jay Sole - UBS Dana Telsey - Telsey Group John Kernan - TD Cowen Ike Boruchow - Wells Fargo Operator Good morning everyone and welcome to today's PVH first quarter 2024 earnings conference call. At this time, all participants are in a listen-only mode.
The headline numbers for PVH (PVH) give insight into how the company performed in the quarter ended April 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
PVH (PVH) came out with quarterly earnings of $2.45 per share, beating the Zacks Consensus Estimate of $2.14 per share. This compares to earnings of $2.14 per share a year ago.
PVH Corp., the company behind Tommy Hilfiger and Calvin Klein, raised its profit outlook for the full year on Tuesday despite weaker quarterly sales, saying it was confident in its longer-term plans to grow sales and profit in North America and abroad.
PVH Corp's (PVH) first-quarter fiscal 2024 results are likely to show the impacts of a tough operating environment and higher SG&A expenses.
Get a deeper insight into the potential performance of PVH (PVH) for the quarter ended April 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
PVH (PVH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.