PVH Q2 Adj. EPS $1.98 Beats $1.75 Estimate, Sales $2.21B Beat $2.19B Estimate
Portfolio Pulse from Benzinga Newsdesk
PVH Corp. reported Q2 earnings of $1.98 per share, beating the analyst consensus estimate of $1.75 by 13.14%. However, this is a 4.81% decrease from the same period last year. The company also reported quarterly sales of $2.21 billion, beating the estimate of $2.19 billion by 0.78%, and marking a 3.52% increase from the same period last year.
August 29, 2023 | 8:16 pm
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PVH Corp. reported better than expected Q2 earnings and sales. However, the earnings per share decreased by 4.81% compared to the same period last year.
PVH Corp. reported better than expected earnings and sales for Q2, which is generally a positive signal for the stock. However, the decrease in earnings per share compared to the same period last year might temper investor enthusiasm.
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