Calvin Klein Parent PVH Slips on Outlook
PVHPVH(PVH) Schaeffers Investment Research·2024-08-28 23:12

Calvin Klein parent PVH Corp (NYSE:PVH) joined today's flood of retail earnings, announcing its second-quarter report after the close yesterday. And though the company boasted strong results, with earnings of 3.01persharebeatinganalystestimatesof3.01 per share beating analyst estimates of 2.28 and revenue of 2.07billionrepresentingasmallbeat,disappointingthirdquarterandfullyearguidanceisweighingasinternationalsalesdecrease. Inresponse,ahandfulofanalystsloweredtheirpricetargets,includingWellsFargoto2.07 billion representing a small beat, disappointing third-quarter and full-year guidance is weighing as international sales decrease. In response, a handful of analysts lowered their price targets, including Wells Fargo to 130 and Ev ...