$PVH (PVH Corp.)

$PVH {{ '2017-05-24T20:31:39+0000' | timeago}} • Announcement

$PVH reported a dip in 1Q17 earnings due to last year's gain on fair value write-up of the company's equity investment in TH China . Net income fell to $70.1MM or $0.89 per share from $231.6MM or $2.83 per share last year. Revenue grew to $1.99Bil from $1.92Bil. Non-GAAP EPS increased to $1.65 from $1.50.

$PVH {{ '2017-08-24T15:05:51+0000' | timeago}} • Webcast

$PVH sees significant opportunities for its men’s and women’s sportswear in Europe in the coming quarters. Going forward, the company plans to make investments across the board, with special focus on e-commerce. Going by the current trend, PVH expects double digit sales growth for the Calvin Klein brand in the fourth quarter.

$PVH {{ '2017-08-24T14:34:27+0000' | timeago}} • Webcast

$PVH continues to focus on diversifying its distribution through initiatives involving business partners. Measures are afoot to strengthen the company’s own e-commerce platform and third-party channels. The heritage business is well positioned to achieve growth, and the company will be opening two international Calvin Klein stores In 3Q17.

$PVH {{ '2017-08-24T14:11:50+0000' | timeago}} • Infographic

$PVH PVH Corp. Earnings AlphaGraphic: Q2 2017 Highlights

$PVH {{ '2017-08-24T14:09:58+0000' | timeago}} • Webcast

$PVH attributed its strong 2Q17 performance to business growth in the international markets, mainly China, Europe and Japan, while the North American operations continued to face stiff competition. The company expects its enhanced brand marketing initiatives to drive market share gain in the second half of 2017, and thereafter.

$PVH {{ '2017-08-23T21:41:17+0000' | timeago}} • Announcement

$PVH expects its 3Q17 GAAP EPS to be in the range of $2.74-2.78 and non-GAAP EPS to be in the range of $2.88-2.92. Revenue is expected to be increase approx. 4%. Negatively impacting revenue in 3Q17, is the effects of the Mexico deconsolidation and the G-III license.

$PVH {{ '2017-08-23T21:37:57+0000' | timeago}} • Announcement

For FY17, $PVH boosted its earnings outlooks. The company expects its GAAP EPS to be in the range of $6.44-6.54, compared to $6.79 in FY16, and non-GAAP EPS to be in the range of $7.60-7.70, compared to $6.80 in FY16. Revenue is expected to increase approx. 6% when compared to FY16.

$PVH {{ '2017-08-23T21:32:10+0000' | timeago}} • Announcement

$PVH's revenue in the Calvin Klein business for 2Q17 rose 8% to $786MM. Revenue in the Tommy Hilfiger business rose 4% to $892MM and revenue in the Heritage Brands business rose 13% to $392MM, mainly due to shift in the timing of shipments. Comparable store sales increased 1%.

$PVH {{ '2017-08-23T21:27:27+0000' | timeago}} • Announcement

New York City-based apparel maker $PVH reported a rise in its 2Q17 profit, helped by strong performance of its brands. Net income rose to $119.7MM, or $1.52 per share, compared to $90.5MM, or $1.11 per share during the prior year period. Revenue rose 7% to $2.07Bil, up from $1.93Bil last year. Excluding items, $PVH earned $1.69 per share.

$PVH {{ '2017-06-07T13:48:02+0000' | timeago}} • Announcement

$PVH has entered into a new licensing agreement with Sports Products of America, a division of Adjmi Apparel Group, under which the Adjmi division will manufacture and sell women’s sportswear, golfwear and activewear under $PVH’s IZOD brand. Products will launch in February 2018. The initial term of the licensing agreement runs through 2020.

$PVH {{ '2017-05-25T13:41:05+0000' | timeago}} • Webcast

In 2Q17, $PVH expects revenue for the Calvin Klein business to increase about 6%, which includes the negative impact of the Mexico deconsolidation. Revenue for Tommy Hilfiger is projected to increase about 1%, which includes the negative impact of the G-III license. Revenue for the Heritage Brands business is projected to increase about 10%.

$PVH {{ '2017-05-25T13:35:31+0000' | timeago}} • Webcast

In 1Q17, $PVH’s Calvin Klein business revenues were ahead of guidance and up 6% on a constant currency basis versus 1Q16, excluding the negative impact of 1% related to FX. Revenues were negatively impacted by the deconsolidation of the Mexico business which was worth approx. $15MM. Calvin Klein International revenues grew 13% constant currency.

$PVH {{ '2017-05-25T13:26:14+0000' | timeago}} • Webcast

$PVH's Heritage business revenues declined 3% in 1Q17 principally resulting from a planned shift in timing of shipments. Comparable store sales were flat in the Heritage retail business. EBIT decreased slightly in the quarter due to the planned shift in shipments which offset the gross margin improvements in the business.

$PVH {{ '2017-05-25T13:16:44+0000' | timeago}} • Webcast

During 1Q17, $PVH’s revenue in the Tommy Hilfiger business increased 9% on a constant currency basis and earnings were up 25% on a constant currency basis. Revenues were driven by the solid performance of the international businesses which increased 19% on a constant currency basis.

$PVH {{ '2017-05-24T21:03:07+0000' | timeago}} • Infographic

$PVH PVH Corp. Earnings AlphaGraphic: Q1 2017 Highlights

$PVH {{ '2017-05-24T20:38:26+0000' | timeago}} • Announcement

$PVH expects 2Q17 EPS of $1.35-1.38, non-GAAP EPS of $1.60-1.63 and revenue growth of about 5% (up about 7% on constant currency basis). The company expects 2Q17 net interest expense of about $30MM and effective tax rate of about 19% on GAAP basis and about 20% on non-GAAP basis.

$PVH {{ '2017-05-24T20:36:27+0000' | timeago}} • Announcement

$PVH now expects 2017 revenue growth of about 3% (up about 5% on constant currency basis) as compared to 2016. Negatively impacting revenue in 2017 as compared to 2016 is a reduction in revenue due to the effects of the Mexico deconsolidation and the G-III license.

$PVH {{ '2017-05-24T20:35:19+0000' | timeago}} • Announcement

$PVH now expects 2017 net interest expense to increase to about $120MM compared to $115MM in 2016, primarily due to the net impact of the issuance of EUR350MM of senior notes in June 2016. $PVH sees 2017 effective tax rate of 15.5-16% on GAAP basis and 17.5-18% on non-GAAP basis.

$PVH {{ '2017-05-24T20:34:04+0000' | timeago}} • Announcement

$PVH lifted 2017 EPS guidance to $6.24-6.34 from $6.20-6.30 and its non-GAAP forecast to $7.40-7.50 from $7.30-7.40. The forecast includes a negative impact of $0.35 related to foreign currency exchange rates compared to previous estimate of $0.40.

$PVH {{ '2017-05-24T20:31:39+0000' | timeago}} • Announcement

$PVH reported a dip in 1Q17 earnings due to last year's gain on fair value write-up of the company's equity investment in TH China . Net income fell to $70.1MM or $0.89 per share from $231.6MM or $2.83 per share last year. Revenue grew to $1.99Bil from $1.92Bil. Non-GAAP EPS increased to $1.65 from $1.50.

$PVH {{ '2017-03-23T14:01:33+0000' | timeago}} • Webcast

In China, $PVH's Calvin Klein business is three time the size of the Tommy Hilfiger business. The company is planning to double the size of both businesses in China over the next five years.

Recent Transcripts

OXM (Oxford Industries Inc.)
Thursday, August 31 2017 - 8:30pm
BF.B (Brown-Forman Corporation)
Wednesday, August 30 2017 - 2:00pm
HRL (Hormel Foods Corporation)
Thursday, August 24 2017 - 1:30pm
PVH (PVH Corp.)
Thursday, August 24 2017 - 1:00pm
TIF (Tiffany & Co.)
Thursday, August 24 2017 - 12:31pm
GES (Guess' Inc.)
Wednesday, August 23 2017 - 8:45pm
EL (The Estée Lauder Companies Inc.)
Friday, August 18 2017 - 1:30pm
TGT (Target Corp.)
Wednesday, August 16 2017 - 12:00pm
COH (Coach, Inc.)
Tuesday, August 15 2017 - 12:30pm
REED (REEDS, Inc.)
Monday, August 14 2017 - 9:00pm
JWN (Nordstrom Inc)
Thursday, August 10 2017 - 8:45pm
KSS (Kohl's Corp.)
Thursday, August 10 2017 - 12:30pm
PLCE (The Children's Place, Inc.)
Wednesday, August 9 2017 - 12:00pm
RL (Ralph Lauren Corporation)
Tuesday, August 8 2017 - 1:00pm
KORS (Michael Kors Holdings Limited)
Tuesday, August 8 2017 - 12:00pm
REV (Revlon, Inc.)
Friday, August 4 2017 - 1:30pm
AVP (Avon Products Inc.)
Thursday, August 3 2017 - 1:00pm
GIL (Gildan Activewear Inc.)
Thursday, August 3 2017 - 12:30pm
DLA (Delta Apparel Inc.)
Tuesday, August 1 2017 - 8:30pm
UA (Under Armour, Inc.)
Tuesday, August 1 2017 - 12:30pm

AlphaGraphics you may like