Tommy Hilfiger parent PVH raised its full-year revenue outlook Tuesday following second-quarter results that topped Wall Street estimates amid ongoing progress with its turnaround plan.
Shares in PVH Corp (NYSE:PVH) rose more than 4% in recent aftermarket hours Tuesday.
The company reported Q2 adjusted earnings per share of $2.52 on revenue of $2.17B, compared with estimates for $2.00 and $2.12B, respectively.
Looking ahead, the company raised its full-year revenue outlook to increase slightly to up low single-digits compared to flat to increase slightly previously.
The company maintained guidance on full-year adjusted EPS to a range of $10.75 to $11.00.
Source :
https://www.investing.com/news/earnings/pvh-lifts-fy-revenue-outlook-as-q2-results-top-estimates-4211689
