PVH's Q3 Earnings Beat Estimates, Stock Dips on Weak Q4 Guidance
PVH(PVH) ZACKS·2024-12-06 03:05
PVH Corporation (PVH) reported better-than-expected results in the third quarter of fiscal 2024, wherein both earnings and revenues topped the Zacks Consensus Estimate. The bottom line improved while the top line fell year over year. Results gained from the strong execution of the PVH+ Plan, which led to robust gross margin expansion and growth in adjusted earnings per share (EPS).However, shares of this apparel designer lost more than 6% in after-hours trading yesterday. This is likely to have been due to ...