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PVH Corp (PVH)

PVH on New York Consolidated

125.85USD
21 Sep 2017
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Latest Key Developments (Source: Significant Developments)

PVH reports Q2 non-GAAP earnings per share $1.69
Wednesday, 23 Aug 2017 04:15pm EDT 

Aug 23 (Reuters) - PVH Corp ::PVH Corp. Reports 2017 second quarter revenue and eps above guidance and raises full year guidance.Sees Q3 2017 non-gaap earnings per share $2.88 to $2.92.Sees FY 2017 non-gaap earnings per share $7.60 to $7.70.Sees Q3 2017 gaap earnings per share $2.74 to $2.78.Sees FY 2017 gaap earnings per share $6.44 to $6.54.Q2 non-gaap earnings per share $1.69.Q2 gaap earnings per share $1.52.Q2 revenue $2.1 billion versus I/B/E/S view $2.03 billion.Q2 earnings per share view $1.64 -- Thomson Reuters I/B/E/S.PVH Corp says raises full year guidance.PVH Corp says revenue in Tommy Hilfiger business for quarter increased 4% to $892 million compared to prior year period.PVH Corp- revenue in Calvin Klein business for quarter increased 8% to $786 million.PVH Corp - qtrly tommy hilfiger North America revenue decreased 2% to $400 million compared to prior year period.PVH Corp - qtrly Tommy Hilfiger international comparable store sales increased 6%.PVH Corp - ‍expects FY 2017 eps results will be negatively impacted compared to 2016 by $0.20 per share attributable to foreign currency exchange rates​.Says ‍currently projects FY 2017 earnings per share on a gaap basis will be in a range of $6.44 to $6.54 compared to $6.79 in 2016​.PVH Corp says ‍currently projects FY 2017 earnings per share on a non-gaap basis will be in a range of $7.60 to $7.70.PVH Corp says revenue in Q3 of 2017 is projected to increase approximately 4% compared to prior year period.  Full Article

PVH Corp announces licensing agreement with Sports Products of America for IZOD women's sportswear & activewear
Wednesday, 7 Jun 2017 09:00am EDT 

June 7 (Reuters) - PVH Corp ::PVH Corp announces licensing agreement with sports products of America for IZOD women's sportswear & activewear.PVH Corp - initial term of licensing agreement runs through 2020.PVH Corp - products will launch in February 2018, will be sold throughout united states and Canada.  Full Article

G-III Apparel Group enters multi-year license agreement with PVH Corp
Monday, 22 May 2017 08:30am EDT 

May 22 (Reuters) - G-III Apparel Group Ltd : :G-III Apparel Group- entered multi-year license agreement with PVH Corp under which PVH will design,distribute menswear for DKNY brand in U.S., Canada.  Full Article

PVH says CEO Emanuel Chirico's FY 2016 total compensation was $16.1 mln
Friday, 5 May 2017 11:07am EDT 

May 5 (Reuters) - Pvh Corp :Says CEO Emanuel Chirico's FY 2016 total compensation was $16.1 million versus $11.6 million in FY 2015 - sec filing.Says CFO Michael Shaffer's FY 2016 total compensation was $4.8 million versus $3.3 million in FY 2015.  Full Article

PVH announces licensing agreement with USA Legwear for Warner's socks and hosiery
Thursday, 13 Apr 2017 09:00am EDT 

PVH Corp : PVH announces licensing agreement with USA Legwear for Warner's socks and hosiery . PVH - Warner's product offering to include women's sheer hosiery, tights, leggings, thigh highs, knee highs, trouser socks, among other things .PVH - 2 units entered license deal with USA legwear under which USA Legwear to manufacture, sell, distribute women's hosiery, socks under Warner's brand.  Full Article

PVH Q4 non-gaap earnings per share $1.23
Wednesday, 22 Mar 2017 04:05pm EDT 

PVH Corp : PVH Corp reports 2016 fourth quarter and full year results and provides 2017 guidance . Sees q1 2017 non-gaap earnings per share $1.58 to $1.60 . Sees fy 2017 non-gaap earnings per share $7.30 to $7.40 . Sees q1 2017 gaap earnings per share $0.73 to $0.75 . Sees fy 2017 gaap earnings per share $6.20 to $6.30 . Q4 non-gaap earnings per share $1.23 . Q4 gaap earnings per share $1.26 . Q4 revenue $2.1 billion versus i/b/e/s view $2.09 billion . Q4 earnings per share view $1.19 -- Thomson Reuters I/B/E/S . PVH Corp - qtrly revenue in Calvin Klein business for quarter decreased 1% to $795 million compared to prior year period . PVH Corp - revenue in 2017 is projected to increase approximately 2% . PVH Corp - revenue in q1 of 2017 is projected to increase approximately 2% . PVH Corp - qtrly Calvin Klein north america revenue decreased 11% to $409 million compared to prior year period . Pvh corp - qtrly revenue $ $2,107.7 million versus. $ 2,112.5 million . Pvh corp - qtrly calvin klein north america comparable store sales decreased 2% . Qtrly revenue in tommy hilfiger business for quarter increased 3% to $932 compared to prior year period . Qtrly tommy hilfiger north america revenue decreased 4% to $419 million compared to prior year period . Pvh corp- revenue for calvin klein business is projected to increase approximately 5% for 2017 . Pvh corp - revenue for calvin klein business in q1 is projected to increase approximately 3%.  Full Article

Moody's says U.S. apparel and footwear companies remain challenged
Tuesday, 7 Mar 2017 10:39am EST 

Moody's Investors Service: Moody's - US apparel and footwear companies remain challenged by strong dollar, weak retail traffic . Moody's -U.S. Apparel, footwear industry operating profits poised to improve over next 12-18 months, but growth to be more sluggish than anticipated . Moody's - US apparel and footwear companies also continue to face higher costs for labor, as well as for inputs such as cotton . Moody's says it now forecasts U.S. Apparel and footwear industry operating profit growth to come in at 3%-5% this year, rather than 5%-7% .Moody's- conditions for U.S. Apparel, footwear companies will remain challenging in first 6 months of this year, will begin to improve in second half.  Full Article

PVH Corp Q2 non-GAAP earnings per share $1.47
Wednesday, 24 Aug 2016 04:32pm EDT 

Pvh Corp : Q2 non-GAAP earnings per share $1.47 . Q2 GAAP earnings per share $1.11 . Q2 earnings per share view $1.29 -- Thomson Reuters I/B/E/S . Q2 revenue $1.93 billion versus i/b/e/s view $1.94 billion . Sees Q3 2016 non-GAAP earnings per share $2.35 to $2.40 . Sees fy 2016 non-GAAP earnings per share $6.55 to $6.65 . Sees fy 2016 GAAP earnings per share $7.50 to $7.60 . Sees q3 2016 GAAP earnings per share $2.30 to $2.35 . Revenue in 2016 is currently projected to increase about 2 percent on a GAAP basis . Revenue in Tommy Hilfiger business for quarter increased 6 percent to $860 million on a GAAP basis (increased 7 percent on a constant currency basis) . Revenue in Calvin Klein business for quarter increased 12 percent to $726 million on a GAAP basis . Sees FY revenue for Calvin Klein business will increase approximately 5 percent on a GAAP basis . PVH Corp says Q2 Calvin Klein North America revenue increased 11 percent to $398 million on a GAAP basis . Quarterly Tommy Hilfiger North America revenue increased 3 percent to $407 million on a GAAP basis (also increased 3 percent on a constant currency basis) . Sees FY revenue for Tommy Hilfiger business is currently projected to increase approximately 5 percent on both a GAAP and constant currency basis . Says Q2 Calvin Klein international revenue increased 13 percent to $328 million on a GAAP basis compared to prior year period.  Full Article

Calvin klein says appointment of Raf Simons as chief creative officer
Tuesday, 2 Aug 2016 11:50am EDT 

Calvin Klein Inc :Calvin Klein, inc. Announces the appointment of Raf Simons as chief creative officer of the brand.  Full Article

PVH prices euro 350 mln private offering of senior notes
Tuesday, 14 Jun 2016 04:15pm EDT 

PVH Corp: Says pricing of its offering of EUR350 million principal amount of senior notes due 2024 .Prices Euro 350 million private offering of senior notes due 2024.  Full Article

Photo

Tommy Hilfiger closes out London Fashion Week with 'rock circus' show

LONDON U.S. designer Tommy Hilfiger closed out London Fashion Week with a rock-themed show held at a venue famous for classic rock concerts, featuring model and social media star Gigi Hadid as the centerpiece of the event.