PVH Corp. PVH released its fourth-quarter results after Monday's closing bell. Here's a look at the key figures from the report.
The Details: Calvin Klein and Tommy Hilfiger parent company PVH reported quarterly earnings of $3.27 per share, which beat the analyst consensus estimate of $3.21. Quarterly revenue came in at $2.37 billion, which beat the analyst consensus estimate of $2.33 billion.
⁘Driven by the strength of our two iconic global brands, Calvin Klein and Tommy Hilfiger, and our disciplined execution of our PVH+ Plan, we finished the year strong and are well-positioned for 2025. In 2024, we beat our EPS guidance on a non-GAAP basis and delivered better-than-expected revenue in constant currency, with record gross margins and double-digit non-GAAP EBIT margin,⁘ said Stefan Larsson , CEO of PVH.
Outlook: PVH expects first-quarter revenue to be flat to a decrease of 2% and adjusted earnings of $2.10 to $2.25 per share, versus the $2.29 estimate.
PVH Price Action: According to data from Benzinga Pro , PVH shares were up 12.93% after-hours at $73 on Monday.
Sort by estimates, projected upside, profit surprises, and more to easily find new stocks to invest in or check up on your portfolio.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
More details: Found here
No comments:
Post a Comment