PVH Corp. (PVH) Tops Q1 EPS by 5c, FY Guidance Tops Views

(Updated - May 24, 2017 4:20 PM EDT)

PVH Corp. (NYSE: PVH) reported Q1 EPS of $1.65, $0.05 better than the analyst estimate of $1.60. Revenue for the quarter came in at $1.99 billion versus the consensus estimate of $1.95 billion.

GUIDANCE:

PVH Corp. sees FY2017 EPS of $7.40-$7.50, versus the consensus of $7.39.

• Revenue in 2017 is projected to increase approximately 3% (increase approximately 5% on a constant currency basis) as compared to 2016.

The Company projects that second quarter 2017 earnings per share on a non-GAAP basis will be in a range of $1.60 to $1.63 compared to $1.47 in the prior year period. (Consensus $1.56)

For earnings history and earnings-related data on PVH Corp. (PVH) click here.

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