PVH Corp. (PVH) Tops Q2 EPS by 8c; Guides FY EPS Below the Street

PVH Corp. (NYSE: PVH) reported Q2 EPS of $2.08, $0.08 better than the analyst estimate of $2.00. Revenue for the quarter came in at $2.13 billion versus the consensus estimate of $2.21 billion.

GUIDANCE:

PVH Corp. sees FY2022 EPS of $8.00, versus the consensus of $8.68. Revenue is projected to decrease 4% to 3% as compared to 2021 (increase 3% to 4% on a constant currency basis), inclusive of a 4% negative impact related to (i) a 2% reduction resulting from the Heritage Brands transaction and exit from the Heritage Brands Retail business and (ii) a 2% reduction resulting from the impact of the war in Ukraine.

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

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