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PVH Corp. (PVH), the parent company of Calvin Klein and Tommy Hilfiger brands, is back in fashion today as shares pop off of 2-year lows. Diane King Hall dives into the retailer's 4Q earnings beat.
PVH stock rallied early Tuesday after the Calvin Klein posted Q4 results with an upbeat outlook. The retailer plots $500 million buybacks.
Big Tech closed its worst quarter in 3 years, with the tech-heavy Nasdaq dipping another -23 points on the day, -0.14%.
While the top- and bottom-line numbers for PVH (PVH) give a sense of how the business performed in the quarter ended January 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
PVH (PVH) came out with quarterly earnings of $3.27 per share, beating the Zacks Consensus Estimate of $3.19 per share. This compares to earnings of $3.72 per share a year ago.
NEW YORK--(BUSINESS WIRE)--PVH Corp. [NYSE: PVH] (the “Company”) today announced that it intends to enter into accelerated share repurchase (“ASR”) agreements with one or more dealers to repurchase $500 million of the Company's common stock. The agreements are being entered into under the Company's existing $5.0 billion stock repurchase authorization, of which $1.8 billion was available for share repurchases as of February 2, 2025, the end of its most recent fiscal year. The Company intends to.
PVH Corp. (PVH) popped after hours thanks to bright spots in the apparel company's earnings. George Tsilis talks about the points giving the Tommy Hilfiger and Calvin Klein distributor the after-hours boost.
NEW YORK--(BUSINESS WIRE)--PVH Corp. [NYSE: PVH] today reported its 2024 fourth quarter and full year results and provided its 2025 outlook. Stefan Larsson, Chief Executive Officer, commented, “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 consta.
Markets Wait for Trump Tariffs and Key Job Data.
Wednesday is private-sector payrolls from ADP (ADP), Thursday has Weekly Jobless Claims and Friday is the Employment Situation report from the U.S. government.