PVH Corp. Reports 2020 Third Quarter Results and Provides Update Relating to the Impact of the Pandemic
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PVH Corp. (PVH) Tops Q3 EPS by $1.08, Revenues Beat
December 2, 2020 4:19 PM ESTPVH Corp. (NYSE: PVH) reported Q3 EPS of $1.32, $1.08 better than the analyst estimate of $0.24. Revenue for the quarter came in at $2.12 billion versus the consensus estimate of $2 billion.
Third quarter revenue and earnings exceeded the Companys expectations, driven by strong performance in Europe and ChinaRevenue decreased 18% to $2.118 billion (decreased 21% on a constant currency basis) compared to the prior year period, a sequential improvement compared to the percentage revenue decreases in the prior two quartersThe Companys revenue through digital channels grew 36%, with sales through its directly operated digital commerce... More