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PVH Corp (PVH.N)

PVH.N on New York Stock Exchange

93.21USD
14 Dec 2018
Change (% chg)

$-1.38 (-1.46%)
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Latest Key Developments (Source: Significant Developments)

PVH Corp Exec - Early Holiday Sales, Margin Results Running Ahead Of Co's Financial Plan
Friday, 30 Nov 2018 

Nov 30 (Reuters) - PVH Corp ::EXEC - WHILE CO'S CHINESE BUSINESS PERFORMED WELL & WAS AHEAD OF PLAN, WE HAVE EXPERIENCED SOME SOFTER TRENDS IN TRAFFIC RELATED TO SOFTENING ECONOMY & RELATED TRADE CONCERNS BETWEEN CHINA AND U.S. - CONF CALL.EXEC - WE ARE OFF TO A STRONG START IN THE FOURTH QUARTER AND INCLUDING AN EXCELLENT BLACK FRIDAY WEEKEND - CONF CALL.EXEC ON TOMMY HILFIGER IN EUROPE - PERFORMANCE CONTINUES TO BE ROBUST DESPITE ITS CHALLENGING CONSUMER BACKDROP IN EUROPE - CONF CALL.EXEC ON CALVIN KLEIN - DISAPPOINTED THAT INVESTMENTS IN 205 COLLECTION BUSINESS HAVE NOT DELIVERED RESULTS WE EXPECTED - CONF CALL.EXEC - WE WILL CUT BACK ON A NUMBER OF PLANNED INVESTMENTS IN THE CALVIN KLEIN 205 COLLECTION BUSINESS - CONF CALL.EXEC - WE BELIEVE OUR CALVIN KLEIN JEANS OFFERING WILL BE MUCH MORE COMMERCIAL & FASHION-RIGHT BEGINNING IN 2019, ESPECIALLY FOR FALL SEASON - CONF CALL.EXEC - AS WE LOOK TO 2019, WE BELIEVE THAT MANY OF THE ISSUES WE FACED IN CALVIN KLEIN IN 2018 WILL REVERSE - CONF CALL.EXEC - WE BELIEVE THERE IS AN OPPORTUNITY TO RISE CALVIN KLEIN OPERATING MARGINS BY 200 BASIS POINTS OVER NEXT 2 YEARS- CONF CALL.EXEC - OUR EARLY HOLIDAY SALES AND MARGIN RESULTS ARE RUNNING AHEAD OF OUR FINANCIAL PLAN - CONF CALL.EXEC ON CALVIN KLEIN JEANS RELAUNCH - WE WENT TOO FAR, TOO FAST ON BOTH FASHION AND PRICE - CONF CALL.EXEC ON INVENTORY - WE HAVE ALSO ACCELERATED RECEIPTS TO THE U.S.A AS A RESULT OF POTENTIAL NEW CHINA TARIFFS - CONF CALL.  Full Article

PVH Corp Reports 2018 Third Quarter EPS Above Guidance
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - PVH Corp ::PVH CORP REPORTS 2018 THIRD QUARTER EPS ABOVE GUIDANCE AND RAISES FULL YEAR EPS OUTLOOK.SEES FY 2018 NON-GAAP EARNINGS PER SHARE $9.33 TO $9.35.SEES Q4 2018 NON-GAAP EARNINGS PER SHARE $1.58 TO $1.60.SEES FY 2018 GAAP EARNINGS PER SHARE $9.10 TO $9.12.SEES Q4 2018 GAAP EARNINGS PER SHARE $1.54 TO $1.56.Q3 NON-GAAP EARNINGS PER SHARE $3.21.Q3 GAAP EARNINGS PER SHARE $3.15.Q3 REVENUE $2.5 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.53 BILLION.Q3 EARNINGS PER SHARE ESTIMATE $3.14 -- REFINITIV IBES DATA.Q3 REVENUE INCREASED 7% (INCREASED 9% ON A CONSTANT CURRENCY BASIS).REVENUE IN CALVIN KLEIN BUSINESS FOR QUARTER INCREASED 2% TO $963 MILLION.QTRLY CALVIN KLEIN NORTH AMERICA REVENUE INCREASED 1% TO $481 MILLION (INCREASED 2% ON A CONSTANT CURRENCY BASIS).REVENUE IN TOMMY HILFIGER BUSINESS FOR QUARTER INCREASED 11% TO $1.1 BILLION.QTRLY TOMMY HILFIGER NORTH AMERICA REVENUE INCREASED 3% TO $424 MILLION.QTRLY TOMMY HILFIGER NORTH AMERICA COMPARABLE STORE SALES WERE RELATIVELY FLAT.QTRLY CALVIN KLEIN NORTH AMERICA COMPARABLE STORE SALES DECLINED 2%.REVENUE IN Q4 OF 2018 WILL BE NEGATIVELY IMPACTED.REVENUE IN Q4 OF 2018 IS PROJECTED TO DECREASE APPROXIMATELY 4%.REVENUE FOR TOMMY HILFIGER BUSINESS IN Q4 IS PROJECTED TO DECREASE APPROXIMATELY 4% (TO BE FLAT ON A CONSTANT CURRENCY BASIS).REVENUE FOR CALVIN KLEIN BUSINESS IN Q4 IS PROJECTED TO DECREASE APPROXIMATELY 6% (DECREASE APPROXIMATELY 3% ON A CONSTANT CURRENCY BASIS).  Full Article

Third Point Dissolves Share Stake In Facebook, Cuts In Netflix
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Third Point LLC::THIRD POINT LLC DISSOLVES SHARE STAKE IN FACEBOOK INC.THIRD POINT LLC CUTS SHARE STAKE IN NETFLIX INC TO 1.3 MILLION SHARES FROM 2 MILLION SHARES.THIRD POINT LLC TAKES SHARE STAKE OF 4.5 MILLION SHARES IN MERCK & CO.THIRD POINT LLC DISSOLVES SHARE STAKE IN WYNN RESORTS.THIRD POINT LLC TAKES SHARE STAKE OF 1.5 MILLION SHARES IN IQVIA HOLDINGS - SEC FILING.THIRD POINT LLC UPS SHARE STAKE IN UNITED TECHNOLOGIES BY 10.5 PERCENT TO 8.4 MILLION SHARES.THIRD POINT LLC CUTS SHARE STAKE IN PAYPAL HOLDINGS BY 9.5 PERCENT TO 9.05 MILLION SHARES.THIRD POINT LLC DISSOLVES SHARE STAKE IN PVH CORP.THIRD POINT LLC SAYS CHANGE IN HOLDINGS ARE AS OF SEPTEMBER 30, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF JUNE 30, 2018.  Full Article

PVH Corp Q2 GAAP Earnings Per Share $2.12
Wednesday, 29 Aug 2018 

Aug 29 (Reuters) - PVH Corp ::. REPORTS 2018 SECOND QUARTER REVENUE AND EPS ABOVE GUIDANCE AND RAISES FULL YEAR OUTLOOK.SEES Q3 2018 NON-GAAP EARNINGS PER SHARE $3.10 TO $3.13.SEES FY 2018 NON-GAAP EARNINGS PER SHARE $9.20 TO $9.25.SEES FY 2018 GAAP EARNINGS PER SHARE $8.96 TO $9.01.Q2 NON-GAAP EARNINGS PER SHARE $2.18.Q2 GAAP EARNINGS PER SHARE $2.12.SEES Q3 2018 GAAP EARNINGS PER SHARE $3.03 TO $3.06.Q2 EARNINGS PER SHARE VIEW $2.10 -- THOMSON REUTERS I/B/E/S.Q2 REVENUE $2.3 BILLION VERSUS I/B/E/S VIEW $2.29 BILLION.FULL YEAR 2018 EPS OUTLOOK RAISED.REVENUE IN CALVIN KLEIN BUSINESS FOR QUARTER INCREASED 18% TO $925 MILLION.QTRLY CALVIN KLEIN NORTH AMERICA COMPARABLE STORE SALES OF 2% INCREASE.QTRLY TOMMY HILFIGER NORTH AMERICA COMPARABLE STORE SALES OF 5% INCREASE.  Full Article

PVH Announces Redemption Of 4.500% Senior Notes Due 2022
Friday, 5 Jan 2018 

Jan 5 (Reuters) - Pvh Corp ::PVH CORP. ANNOUNCES THE REDEMPTION OF ITS 4.500% SENIOR NOTES DUE 2022.SAYS REDEEMED ALL OF $700 MILLION OF ITS 4.500% SENIOR NOTES DUE 2022​.SAYS ‍REDEEMED ALL 4.500% SENIOR NOTES DUE 2022 USING NET PROCEEDS FROM OFFERING OF EUR 600 MILLION PRINCIPAL AMOUNT OF 3.125% SENIOR NOTES DUE 2027​.  Full Article

PVH Corp Announces Pricing Of Euro 600 Mln Private Offering Of Senior Notes Due 2027
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - PVH Corp ::PVH CORP. ANNOUNCES PRICING OF EURO 600 MILLION PRIVATE OFFERING OF SENIOR NOTES DUE 2027.PVH CORP - 2027 NOTES WILL BEAR INTEREST AT RATE OF 3.125% PER ANNUM.  Full Article

PVH Corp Announces Launch Of Euro 500 Mln Private Offering Of Senior Notes
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - PVH Corp ::PVH CORP. ANNOUNCES LAUNCH OF EURO 500 MILLION PRIVATE OFFERING OF SENIOR NOTES AND DELIVERY OF CONDITIONAL NOTICE OF REDEMPTION OF ITS 4.50% SENIOR NOTES DUE 2022.PVH CORP- COMMENCED AN OFFER TO SELL EUR 500 MILLION PRINCIPAL AMOUNT OF SENIOR NOTES DUE 2027.PVH - INTENDS TO USE NET PROCEEDS FROM OFFERING, BORROWINGS UNDER REVOLVING CREDIT FACILITY, CASH ON HAND, TO FUND REDEMPTION OF ALL OF 2022 NOTES.  Full Article

PVH Corp Reports Q3 Non-GAAP Earnings Per Share $3.02
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Pvh Corp ::. REPORTS 2017 THIRD QUARTER REVENUE AND EPS ABOVE GUIDANCE AND RAISES FULL YEAR GUIDANCE.SEES Q4 2017 NON-GAAP EARNINGS PER SHARE $1.42 TO $1.44.SEES FY 2017 NON-GAAP EARNINGS PER SHARE $7.78 TO $7.80.SEES FY 2017 GAAP EARNINGS PER SHARE $6.80 TO $6.82.SEES Q4 2017 GAAP EARNINGS PER SHARE $1.35 TO $1.37.Q3 NON-GAAP EARNINGS PER SHARE $3.02.Q3 GAAP EARNINGS PER SHARE $3.05.Q3 EARNINGS PER SHARE VIEW $2.91 -- THOMSON REUTERS I/B/E/S.Q3 REVENUE $2.4 BILLION VERSUS I/B/E/S VIEW $2.34 BILLION.- ‍REVENUE IN Q4 OF 2017 IS PROJECTED TO INCREASE APPROXIMATELY 11% (INCREASE APPROXIMATELY 8% ON A CONSTANT CURRENCY BASIS)​.- REVENUE IN TOMMY HILFIGER BUSINESS FOR QUARTER INCREASED 10% TO $1.0 BILLION.- ‍REVENUE FOR CALVIN KLEIN BUSINESS IN Q4 IS PROJECTED TO INCREASE APPROXIMATELY 16% (INCREASE APPROXIMATELY 12% ON A CONSTANT CURRENCY BASIS)​.-REVENUE FOR TOMMY HILFIGER BUSINESS IN Q4 IS PROJECTED TO INCREASE APPROXIMATELY 12% (INCREASE APPROXIMATELY 7% ON CONSTANT CURRENCY BASIS)​.- QTRLY TOMMY HILFIGER NORTH AMERICA REVENUE INCREASED 2% TO $410 MILLION.- REVENUE IN CALVIN KLEIN BUSINESS FOR QUARTER INCREASED 6% TO $943 MILLION.QTRLY CALVIN KLEIN NORTH AMERICA REVENUE DECREASED 5% TO $476 MILLION.Q4 EARNINGS PER SHARE VIEW $1.46 -- THOMSON REUTERS I/B/E/S.FY2017 EARNINGS PER SHARE VIEW $6.76 -- THOMSON REUTERS I/B/E/S.- EXPECTS ITS FULL YEAR 2017 EARNINGS PER SHARE RESULTS WILL BE NEGATIVELY IMPACTED COMPARED TO 2016 BY $0.17 PER SHARE.  Full Article

PVH corp Q1 adjusted earnings per share $1.65
Wednesday, 24 May 2017 

May 24 (Reuters) - PVH Corp :Pvh corp. Reports 2017 first quarter revenue and eps above guidance and raises full year guidance.Sees q2 2017 non-gaap earnings per share $1.60 to $1.63.Sees fy 2017 non-gaap earnings per share $7.40 to $7.50.Sees q2 2017 gaap earnings per share $1.35 to $1.38.Sees fy 2017 gaap earnings per share $6.24 to $6.34.Q1 non-gaap earnings per share $1.65.Q1 gaap earnings per share $0.89.Q1 earnings per share view $1.60 -- Thomson Reuters I/B/E/S.Q1 revenue $2.0 billion versus i/b/e/s view $1.96 billion.Pvh corp - revenue in tommy hilfiger business for quarter increased 6% to $842 million compared to prior year period.Pvh corp - fy guidance includes a negative impact of $0.35 per share related to foreign currency exchange rates.Pvh corp - qtrly tommy hilfiger international comparable store sales increased 14%.Pvh corp - qtrly tommy hilfiger north america revenue decreased 5% to $318 million compared to prior year period.Pvh corp - sees fy revenue for calvin klein business is projected to increase approximately 6%.Pvh corp - sees fy revenue for tommy hilfiger business is projected to increase approximately 2%.Pvh corp - revenue for tommy hilfiger business in q2 is projected to increase approximately 1% which includes negative impact of g-iii license.Pvh corp - revenue in q2 of 2017 is projected to increase approximately 5%.Pvh corp - revenue for calvin klein business in q2 is projected to increase approximately 6%.  Full Article

PVH Corp, Li & Fung Ltd form new strategic supply chain partnership
Friday, 24 Mar 2017 

Pvh Corp : PVH Corp. And Li & Fung Limited form new strategic supply chain partnership . Says agreements provide for cessation of existing non-exclusive buying agency agreement between cos . Says agreements also provide for cessation of existing non-exclusive buying agency agreement between cos .Transaction is expected to close on July 1, 2017; new supply chain relationship is expected to be mutually beneficial to both cos.  Full Article

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PVH plans fixes for Calvin Klein, sees strong start to holidays

PVH Corp on Friday allayed investor concerns over its Calvin Klein business and said early holiday sales were above its expectations, sending its shares up as much as 5 percent.