PVH Stock Recent News

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PVH Corp. (NYSE:PVH) shares moved higher after the fashion conglomerate whose brands include Calvin Klein and Tommy Hilfiger reported better-than-expected financial results for the first quarter. Revenue was down 10% at $1.95 billion, better than the company's guidance of an 11% decrease.

PVH Corp's (PVH) first-quarter fiscal 2024 results benefit from the strong execution of the PVH+ Plan and other efforts.

PVH Corporation (NYSE:PVH ) Q1 2024 Earnings Conference Call June 5, 2024 9:00 AM ET Company Participants Stefan Larsson - Chief Executive Officer Zac Coughlin - Chief Financial Officer Sheryl Freeman - Senior Vice President, Investor Relations Conference Call Participants Matthew Boss - JP Morgan Bob Drbul - Guggenheim Michael Binetti - Evercore ISI Jay Sole - UBS Dana Telsey - Telsey Group John Kernan - TD Cowen Ike Boruchow - Wells Fargo Operator Good morning everyone and welcome to today's PVH first quarter 2024 earnings conference call. At this time, all participants are in a listen-only mode.

The headline numbers for PVH (PVH) give insight into how the company performed in the quarter ended April 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

PVH (PVH) came out with quarterly earnings of $2.45 per share, beating the Zacks Consensus Estimate of $2.14 per share. This compares to earnings of $2.14 per share a year ago.

PVH Corp., the company behind Tommy Hilfiger and Calvin Klein, raised its profit outlook for the full year on Tuesday despite weaker quarterly sales, saying it was confident in its longer-term plans to grow sales and profit in North America and abroad.

NEW YORK--(BUSINESS WIRE)--PVH Corp. (NYSE: PVH) today announced that Martijn Hagman, CEO of Tommy Hilfiger Global and PVH Europe, will be leaving the Company. He will serve in an advisory capacity to facilitate a smooth transition. Lea Rytz Goldman, Tommy Hilfiger Global President, leads the global brand, reporting directly to PVH CEO Stefan Larsson. David Savman, PVH's Chief Supply Chain Officer, will serve as Interim CEO for PVH Europe. The Company has launched a search for a new European le.

NEW YORK--(BUSINESS WIRE)--PVH Corp. [NYSE: PVH] today reported its 2024 first quarter results and updated its full year outlook. Stefan Larsson, Chief Executive Officer, commented, “We delivered on our revenue expectations, led by growth in our direct-to-consumer business, and beat our earnings guidance for the first quarter. We further strengthened our brand positioning and pricing power in the marketplace, and as planned we generated growth for Calvin Klein and Tommy Hilfiger combined in bot.