Cowen Trims Numbers on PVH (PVH) Amid Mixed Q3 Results

PVH Corp (PVH) PT, Estimates Cut at Piper Jaffray On Near-Term Cloudy Picture

December 7, 2015 6:57 AM EST

Piper Jaffray maintained an Overweight rating on PVH Corp (NYSE: PVH), and cut the price target to $88.00 (from $115.00), following the company's 3Q earnings report. On the call, management indicated that QTD comp trends in NA have remained sluggish, a continuation from Q3. Inventory is elevated in the channel, levels of promotions are high across the industry and management anticipates this... More

After-Hours Stock Movers 12/02: (PSUN) (NWY) (FVE) (AVGO) Higher; (VRNT) (VNEM) (P) Lower (more...)

December 2, 2015 6:12 PM EST

(Updated - December 2, 2015 6:13 PM EST)

PacSun (NASDAQ: PSUN) 55.3% HIGHER; reported Q3 EPS of ($0.05), versus ($0.03) reported last year. Revenue for the quarter came in at $205.9 million versus the consensus estimate of $197.97 million.

New York & Co. (NYSE: NWY) 15% HIGHER; reported Q3 EPS of ($0.05), $0.04 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $219.8 million versus the consensus estimate of $217.18 million.

Verint Systems (NASDAQ: VRNT) 10.4% LOWER;... More

PVH Corp. (PVH) Tops Q3 EPS by 18c, Maintains FY15 EPS Guidance

December 2, 2015 4:18 PM EST

PVH 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

Trading Radar for 12/2: PVH Corp. (PVH), Box (BOX), Violin Memory (VMEM), Yingli Green Energy (YGE) Report

December 1, 2015 2:45 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EST

MBA Mortgage Index - no Street consensus

8:15am EST

ADP Employment Change - Street sees 185k

8:30am EST

Productivity: Revised - Street sees... More

PVH Corp. (PVH) Sights Weather and Tourism Issues Ahead of 3Q Report; UBS Cuts Price Target to $125

December 1, 2015 9:29 AM EST

UBS maintained a Buy rating on PVH Corp (NYSE: PVH), and cut the price target to $125.00 (from $135.00), following slow industry trends. PVH discuss weather and tourism issues that materialized as major 3Q drags for softlines peers. However, conversations with PVH suggested that... More

Nomura Reiterates Above Consensus Estimate for PVH (PVH) Ahead of Earnings

December 1, 2015 9:06 AM EST

Nomura analyst, Robert Drbul, is holding fast with his above consensus call for PVH Corp (NYSE: PVH) heading into earnings tomorrow night. His EPS estimate is $2.50, $0.03 above consensus despite expecting that the retail environment will remain tough over the next several quarters. He believes upside in... More