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February 21, 2014
08:25 EDTPVHPVH Corp. reaffirms Q4, FY13 guidance
The company announced that it is reaffirming its revenue and earnings per share guidance for 4Q13 and FY13 previously announced on January 10. Additionally, PVH announced that during FY13, it repaid approximately $500M of term loans under the credit facility, above its initial expectation of approximately $400M announced in March 2013. On January 10, the company guided Q4 EPS view $1.40, consensus $1.42. The company guided Q4 revenue view $2.08B, consensus $2.07B.
News For PVH From The Last 14 Days
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October 2, 2015
09:01 EDTPVHPVH's Tommy Hilfiger announces license agreement with G-III Apparel
Tommy Hilfiger, which is owned by PVH Corp. (PVH), and G-III Apparel Group, Ltd. (GIII) have entered into a license agreement to introduce a line of women's dresses inspired by the Tommy Hilfiger brand's fresh take on classic, American, cool style. Beginning February 2016, the collection will be available at select department stores, including Macy's, specialty stores, and e-commerce partners in the United States and Canada. The initial term of the agreement is five years with G-III having a right to renew for an additional five-year term subject to achieving certain sales levels.
September 29, 2015
08:42 EDTPVHPVH Corp. international strength should offset U.S. weakness, says Cowen
Cowen analyst John Kernan said he is more cautious on U.S. retail conditions for apparel and accessories after meetings with PVH management, but he also believes international strength for its Calvin and Tommy Hilfiger brands should offset North American weakness. Noting the stock has declined about 15% since September 4, Kernan said he would be a buyer and keeps an Outperform rating and $130 price target on PVH shares.
September 28, 2015
06:42 EDTPVHPerfume makers look to Wal-Mart, Target, WSJ reports
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