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PVH Corp Raises FY 2012 Guidance; Issues Q4 2012 Guidance Below Analysts' Estimates


Tuesday, 27 Nov 2012 04:45pm EST 

PVH Corp announced that for fiscal 2012, it expects revenue to increase approximately 2% as compared to $5.891 billion in 2011. On a non-GAAP basis, earnings per share in 2012 is currently projected to be in the range of $6.37 to $6.38. For the fourth quarter of 2012, it expects revenue to increase 4% to 5% as compared to the fourth quarter of 2011 amount of $1.533 billion. On a non-GAAP basis, earnings per share for the fourth quarter is currently projected to be in the range of $1.48 to $1.49 including the negative impact Hurricane Sandy had on business in the first half of November. According to I/B/E/S Estimates, analysts on average are expecting the Company to report revenues of $1.592 billion and EPS of $1.52 for the fourth quarter of 2012. 

Company Quote

121.05
-0.43 -0.35%
4:02pm EDT