PVH Reaffirms Projected FY24 Revenue Decrease Of 6% To 7% (Decrease 6% To 7% On Constant Currency Basis)
Portfolio Pulse from Benzinga Newsdesk
PVH Corp. has reaffirmed its projected revenue decrease for fiscal year 2024, expecting a decline of 6% to 7% on a constant currency basis.
June 04, 2024 | 8:17 pm
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PVH Corp. has reaffirmed its projected revenue decrease for fiscal year 2024, expecting a decline of 6% to 7% on a constant currency basis. This could negatively impact investor sentiment and short-term stock price.
The reaffirmation of a revenue decrease projection indicates that the company is not expecting growth in the near term, which could lead to negative investor sentiment and a potential decline in the stock price.
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