Key Developments: PVH Corp (PVH.N)

PVH.N on New York Stock Exchange

116.98USD
28 Aug 2015
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Latest Key Developments (Source: Significant Developments)

PVH Corp gives Q2 2015 mixed guidance; reaffirms FY 2015 revenue guidance; raises FY 2015 EPS guidance
Monday, 1 Jun 2015 04:00pm EDT 

PVH Corp:Expects Q2 2015 earnings per share on a non-GAAP basis to be in a range of $1.25 to $1.30.Expects Q2 2015 revenue to be relatively flat on a constant currency basis (decrease about 8pct on a GAAP basis) compared to the prior year's second quarter.Expects FY 2015 earnings per share to be in a range of $6.85 to $6.95 on a non-GAAP basis.Expects FY 2015 revenue to increase about 3% on a constant currency basis (decrease about 3pct on a GAAP basis) as compared to 2014.Reported revenue of $1.98 billion in Q2 2014.Reported revenue of $8.24 billion in FY 2014.Q2 2015 EPS of $1.43 and revenue of $1.88 billion - Thomson Reuters I/B/E/S.FY 2015 EPS of $6.86 and revenue of $7.94 billion - Thomson Reuters I/B/E/S.  Full Article

Talon International announces exclusive agreement with PVH Corp
Monday, 11 May 2015 04:00pm EDT 

Talon International:Says definitive agreement with PVH Corp. to incorporate the Tekfit proprietary stretch technology into the collars of dress shirts.Says agreement is exclusive in North America and non-exclusive in other select countries.  Full Article

PVH Corp gives Q1, FY 2015 outlook; EPS outlook below analysts estimates
Wednesday, 25 Mar 2015 04:00pm EDT 

PVH Corp:Projects FY 2015 earnings per share to be in a range of $6.75 to $6.90 on a non-GAAP basis.Projects FY 2015 revenue to increase about 3 pct on a constant currency basis (decrease about 4 pct on a GAAP basis).Projects Q1 2015 earnings per share on a non-GAAP basis to be in a range of $1.35 to $1.40.Projects Q1 2015 revenue to increase about 2 pct on a constant currency basis (decrease about 6 pct on a GAAP basis).Q1 2015 revenue of $1.959 bln and EPS of $1.52 - Thomson Reuters I/B/E/S.FY 2015 revenue of $8.273 bln and EPS of $7.36 - Thomson Reuters I/B/E/S.  Full Article

PVH Corp and Gazal Corporation Ltd announce expansion of Australian joint venture
Friday, 19 Dec 2014 08:11am EST 

PVH Corp and Gazal Corporation Ltd:Says that, through subsidiaries, they had entered into an agreement with their Australian joint venture to add businesses to the joint venture, significantly expanding its scope.Says transaction, which is expected to close in early Feb. 2015, will add the Tommy Hilfiger, Van Heusen and Nancy Ganz businesses in Australia and New Zealand to the joint venture, as well as certain of Gazal's other shirting, tailored and shapewear businesses.Says under the agreement the JV will enter into a license and distribution agreement with Tommy Hilfiger Europe B.V., a subsidiary of PVH, for Tommy Hilfiger in Australia and New Zealand.Says the JV will also acquire certain assets of the existing wholesale and retail Tommy Hilfiger business in Australia, including 12 stand-alone retail stores. The license and distribution agreement has a 12-year term.Says under the agreement the JV will acquire Gazal's shirting, tailored and men's accessories business and Gazal's shapewear business.  Full Article

PVH Corp lowers FY 2014 EPS guidance
Wednesday, 3 Dec 2014 04:02pm EST 

PVH Corp:Revises FY 2014 earnings per share guidance to $7.25 - $7.30.FY 2014 EPS of $7.36 - Thomson Reuters I/B/E/S.  Full Article

PVH Corp reaffirms FY 2014 EPS guidance; lowers FY 2014 revenue guidance; gives H2 2014 EPS guidance; gives Q3 2014 guidance in line with analysts' estimates
Wednesday, 3 Sep 2014 04:02pm EDT 

PVH Corp:Reaffirms FY 2014 earnings per share guidance of $7.30 to $7.40 on a non-GAAP basis, as compared to $7.03 in 2013, an increase of 4pct to 5pct.Expects H2 2014 earnings per share on a non-GAAP basis to increase in excess of 15pct over the prior year period.Expects FY 2014 revenue to be about $8.4 billion, an increase of about 4pct from the prior year amount excluding revenue of $176 million related to the Bass business.Expects Q3 2014 earnings per share on a non-GAAP basis to be in a range of $2.45 to $2.50.Expects Q3 2014 revenue to be about $2.25 billion, an increase of about 3pct compared to the prior year amount excluding revenue of $67 million related to the Bass business.Q3 2014 revenue of $2.33 billion and EPS of $2.48 - Thomson Reuters I/B/E/S.Q4 2014 EPS of $2.00 - Thomson Reuters I/B/E/S.FY 2014 revenue of $8.47 billion and EPS of $7.38 - Thomson Reuters I/B/E/S.  Full Article

PVH Corp announces license agreement with Vandale Industries for Warner's and Olga
Tuesday, 10 Jun 2014 01:51pm EDT 

PVH Corp:Says through certain subsidiaries, company licensed Vandale Industries, Inc.To design, produce and market women's shapewear, sleepwear, loungewear, robes, sports bras, and other specified athletic wear for the U.S. and Canadian markets under Warner's and Olga brands.Initial term of the license agreement runs through 2017.Deliveries of these new product categories are scheduled to begin in February 2015 for the Spring 2015 season.  Full Article

PVH Corp gives Q2 2014 guidance; EPS guidance below analysts' estimates; reaffirms FY 2014 revenue guidance; lowers FY 2014 EPS guidance
Wednesday, 4 Jun 2014 04:02pm EDT 

PVH Corp:Projects Q2 2014 earnings per share to be in a range of $1.40 to $1.45 on a non-GAAP basis.Projects Q2 2014 revenue to be about $2.0 billion.Projects FY 2014 earnings per share to be in a range of $7.30 to $7.40 on a non-GAAP basis.Projects FY 2014 revenue to increase to about $8.5 billion.Q2 2014 revenue of $2.0 billion and EPS of $1.48 - Thomson Reuters I/B/E/S.FY 2014 revenue of $8.5 billion and EPS of $7.50 - Thomson Reuters I/B/E/S.  Full Article

PVH Cor's Speedo USA and OrthoLite announce new partnership
Tuesday, 13 May 2014 08:57am EDT 

PVH Corp:SPEEDO USA, division of company announced its two-year partnership with OrthoLite.Through partnership, OrthoLite insoles are featured technology in Speedo USA's FST, cutting-edge new all-terrain shoe specially engineered for triathlon, trail running, and any activity in and around the water.Centerpiece of Speedo USA's expanded Footwear collection for 2014, FST is in stores.To celebrate this new partnership and launch of FST, OrthoLite and Speedo are teaming up to give away two free pairs of FST model through Twitter sweepstakes running from May 13 through May 20.  Full Article

PVH Corp announces license agreement with Leisure Brands (Pty) Ltd. for IZOD Brand
Tuesday, 6 May 2014 11:10am EDT 

PVH Corp:Enters into license agreement with Leisure Brands (Pty) Ltd. under which Leisure Brands will distribute, sell and promote men's sportswear, golf apparel and related accessories under IZOD and IZOD Golf brands throughout South Africa.Initial term of the license agreement runs through Dec. 2016.Leisure Brands has the rights to sell, distribute and promote IZOD products as well as rights to manufacture, sell, distribute and promote men's sportswear, golf apparel and specified golf accessories.  Full Article

PVH profit, sales beat on demand for Calvin Klein apparel

- PVH Corp reported better-than-expected quarterly profit and sales, helped by higher demand for clothing and accessories under its Calvin Klein brand in North America and Europe.

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