Phillips-Van Heusen Beats
Phillips-Van Heusen (PVH) reported 2nd Quarter July 2017 earnings of $1.69 per share on revenue of $2.1 billion. The consensus earnings estimate was $1.65 per share on revenue of $2.0 billion. The Earnings Whisper number was $1.68 per share. Revenue grew 7.1% on a year-over-year basis.
The company said it expects third quarter earnings of $2.88 to $2.92 per share and now expects fiscal year earnings of $7.60 to $7.70 per share. The company's previous guidance was fiscal year earnings of $7.40 to $7.50 per share . The current consensus earnings estimate is $2.81 per share for the quarter ending October 31, 2017 and $7.59 per share for the year ending January 31, 2018.
PVH Corp is an apparel company, which designs and markets branded dress shirts, neckwear, sportswear and, to a lesser extent, footwear and other related products.