PVH Corp

NYSE:PVH  
101.63
-3.61 (-3.43%)
4:00:00 PM EDT: $101.56 -0.07 (-0.07%)
Positive Earnings Pre-Announcement

PVH Q1 Non-GAAP Earnings Per Share $1.92

Published: 06/02/2021 21:01 GMT
PVH Corp (PVH) - .
Reports 2021 First Quarter Results Above Guidance and Raises Full Year Outlook.
Sees Q2 Non-GAAP Earnings per Share $1.15 to $1.18.
Sees Q2 GAAP Earnings per Share $0.79 to $0.82.
Q1 Non-GAAP Earnings per Share $1.92.
Q1 GAAP Earnings per Share $1.38.
Q1 Revenue $2.079 Billion Versus Refinitiv Ibes Estimate of $1.93 Billion.
Q1 Earnings per Share Estimate $0.83 -- Refinitiv Ibes Data (analyst estimates).company Expects Its 2021 Revenue and Earnings Will Continue to Be Impacted Negatively by Pandemic.
Revenue in 2021 is Projected to Increase 24% to 26% As Compared to 2020.
Sees 2021 GAAP Earnings per Share About $5.50.
Sees 2021 Non-GAAP Earnings per Share About $6.50.
North America Businesses Are Expected to Remain Challenged Throughout 2021.
Total Direct to Consumer Revenue for Q1 Increased 66% Compared to Prior Year Period.
Revenue in Q2 of 2021 is Projected to Increase 34% to 36% Compared to Prior Year Period.
Q1 Earnings per Share View $0.83 -- Refinitiv Ibes Data (analyst estimates).
Q2 Earnings per Share View $1.22 -- Refinitiv Ibes Data (analyst estimates).
Q1 Revenue Increase Reflects 63% Increase in Tommy Hilfiger Business Compared to Prior Year Period.
Q1 Revenue Increase Reflects 65% Increase in Calvin Klein Business Compared to Prior Year Period.
FY2021 Earnings per Share View $6.16 -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $2.14 Billion
Adjusted EPS is expected to be $1.20

Next Quarter Revenue Guidance is expected to be $2.39 Billion
Next Quarter EPS Guidance is expected to be $1.72

More details on our Analysts Page.