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PVH Q2 Non-GAAP EPS Rises, Revenue Falls; Q3 EPS Outlook Set; Shares Drop After Hours
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PVH Q2 Non-GAAP EPS Rises, Revenue Falls; Q3 EPS Outlook Set; Shares Drop After Hours
Aug 29, 2024 8:20 AM

04:44 PM EDT, 08/27/2024 (MT Newswires) -- PVH (PVH) reported Q2 non-GAAP earnings Tuesday of $3.01 per diluted share, up from $1.98 a year earlier.

Analysts polled by Capital IQ expected $2.28.

Revenue in the quarter ended Aug. 4 fell to $2.07 billion from $2.21 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.07 billion.

The company expects Q3 non-GAAP EPS of about $2.50.

Analysts polled by Capital IQ expect $3.12.

The company boosted full-year non-GAAP EPS guidance to a range of $11.55 to $11.80 from $11 to $11.25.

Analysts surveyed by Capital IQ expect $11.36.

Shares of the company fell 7% in after-hours trading.

Price: 97.15, Change: -7.31, Percent Change: -7.00

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