PVH Corp. (PVH) Tops Q3 EPS by 45c, Beats on Revenue; Offers FY25 EPS Guidance
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PVH Corp. Reports 2024 Third Quarter Revenue and Earnings Above Guidance
December 4, 2024 4:15 PM ESTThird quarter Revenue: Decreased 5% to $2.255 billion compared to the prior year period (decreased 6% on a constant currency basis), and exceeded guidance of a decrease of 6% to 7% (decrease of 7% to 8% on a constant currency basis) EPS: GAAP basis: $2.34 exceeded guidance of approximately $2.30 Non-GAAP basis: $3.03 exceeded guidance of approximately $2.50 Full year outlook Revenue: Reaffirms projected decrease of 6% to 7% (decrease 6% to 7% on a constant currency basis) Operating margin: GAAP basis: Projected to be approximately 9.2% compared to approximately 9.8%... More
