PVH Earnings Surpass Estimates, Revenues Decline in Q1
PVHPVH(PVH) ZACKS·2024-06-06 02:06

PVH Corporation (PVH) reported first-quarter fiscal 2024 results, wherein both earnings and revenues topped estimates. 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 a strong gross margin expansion and double-digit adjusted earnings per share (EPS) growth. We note that shares of this Zacks Rank #3 (Hold) company have gained 14.3% in the past six months against the industry's 11.4% decline. Q1 Highlights PVH Corp. repor ...