PVH Corp. Reports 2015 Third Quarter Non-GAAP EPS Above Guidance and Maintains Full Year Non-GAAP EPS Guidance
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Credit Suisse Downgrades PVH Corp (PVH) to Neutral
December 3, 2015 2:12 PM ESTCredit Suisse downgraded PVH Corp (NYSE: PVH) from Outperform to Neutral with a price target of $101.00 (from $134.00).
Analyst Christian Buss commented, "Headwinds to earnings power for PVH are mounting yet again, as Calvin Klein demand strength and sourcing efforts no longer appear to... More
Cowen Trims Numbers on PVH (PVH) Amid Mixed Q3 Results
December 3, 2015 6:47 AM ESTCowen maintained an Outperform rating on PVH Corp (NYSE: PVH), and cut the price target to $115.00 (from $130.00), following the company's 3Q earnings report. Management is expecting a challenged retail environment to continue into FY16. A softer outlook on Hilfiger drives PVH to trim FY15... More
PVH Corp. (PVH) Tops Q3 EPS by 18c, Maintains FY15 EPS Guidance
December 2, 2015 4:18 PM ESTPVH Corp. (NYSE: PVH) reported Q3 EPS of $2.66, $0.18 better than the analyst estimate of $2.48. Revenue for the quarter came in at $2.16 billion versus the consensus estimate of $2.18 billion.PVH Corp. reaffirmed FY2015 guidance.
Full Year Guidance
The Company currently continues to project that earnings per share for the full year 2015 will be in a range of $6.90 to $7.00 on a non-GAAP basis, which includes approximately $1.35 negative impact related to foreign currency exchange rates and pressures on the Companys Russia businesses, as described above. Excluding this negative impact, which increased from previous guidance... More
