PVH Corp

NYSE:PVH   3:59:59 PM EDT
58.29
-2.52 (-4.14%)
Other Pre-Announcement

PVH Corp Reports 2022 First Quarter Results Above Guidance

Published: 06/01/2022 21:29 GMT
PVH Corp (PVH) - .
Reports 2022 First Quarter Results Above Guidance.
Q1 Earnings per Share $1.94.
Q1 Revenue $2.123 Billion.
Sees Q2 Non-GAAP Earnings per Share About $2.00.
Sees FY Non-GAAP Earnings per Share About $9.00.
Q1 Earnings per Share View $1.61, Revenue View $2.09 Billion -- Refinitiv Ibes Data (analyst estimates).
Planned Stock Repurchases in 2022 to Increase to Approximately $400 Million.
FY2022 Earnings per Share View $9.32 -- Refinitiv Ibes Data (analyst estimates).
Q2 Earnings per Share View $2.29 -- Refinitiv Ibes Data (analyst estimates).
FY 2022 Revenue is Projected to Increase 1% to 2% As Compared to 2021.
FY2022 Revenue View $9.10 Billion -- Refinitiv Ibes Data (analyst estimates).
Sees Revenue is Projected to Decrease Approximately 4% to 3% Compared to Prior Year Period in Q2.
Q2 Revenue View $2.26 Billion -- Refinitiv Ibes Data (analyst estimates).
EPS for Quarter Included Negative Impacts of $0.10 per Share Related to War in Ukraine.
In Quarter Continued to Experience Supply Chain and Logistics Disruptions Globally, As Well As Impacts of Covid-19 Pandemic in China.