Company Earnings UpdatePVH (NYSE: PVH) 1Q19 Results: Revenue Misses, US Comps Decline as Tariffs and International Tourism Impact Demand Coresight Research May 31, 2019 Executive Summary PVH 1Q19 revenues grew 2.2% to $2.36 billion, missing the consensus estimate of $2.37 billion. Adjusted 1Q19 EPS rose 4.2% to $2.46 versus $2.36 in the same period last year and the $2.45 consensus estimate. Comps in North America declined 4% for Tommy Hilfiger, Calvin Klein fell 5% and Heritage Brands slid 6%. The company adjusted its outlook for 2019, lowering revenue growth from 4% to 3% and non-GAAP EPS to the range of $10.20-10.30 from previous $10.30-10.40 on expected currency volatility. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Five Ways AI Is Being Used in Luxury Retailing—and What’s NextEarnings Insights 1Q25, Week 2: Adidas, CVS, Sprouts and More Report Solid Sales Growth—InfographicEconomic Sentiment Shows First Uptick in Eight Weeks; Plus, Drugstore and Pharmacy Shopping in Focus: US Consumer Survey InsightsAnalyst Corner: US Seasonal Shopping in the Holiday Quarter, with Aditya Kaushik
