Company Earnings UpdatePVH (PVH) Fiscal 2Q18 Results: Company Beats Expectations, Raises Guidance Coresight Research August 31, 2018 Executive Summary PVH Corp. reported fiscal 2Q18 revenues of $2,333 million, up 12.7% year over year and beating the $2,290 million estimate. Adjusted EPS was $2.18, beating the consensus estimate of $2.09 and up 29% from adjusted EPS of $1.69 from the year-ago quarter. Tommy Hilfiger International comparable store sales were up 11%, and Tommy Hilfiger North America comps were up 5%. Calvin Klein International comparable store sales were up 5% and Calvin Klein North America comps were up 2%. The company offered 3Q18 non-GAAP EPS guidance of $3.10–$3.13, versus the consensus estimate to $3.13. The company expects revenue in the third quarter to increase 7% (9% on a constant-currency basis) compared to the consensus estimate of $2.44 billion. For the full year, the company raised EPS guidance to $9.20–$9.25 from $9.05–9.15 compared to the consensus estimate of $9.18. 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: Three Data Points We’re Watching This Week, Week 20: Cross-Border Players Don’t Prevent Amazon Reaching New Highs in ApparelGroceryshop 2025 Day One: AI Drives Smarter Operations as Shoppers Seek Value and WellnessCEO Brief: Tech for Tariffs—Four Technologies (and Services) That Can Raise Revenues and Margins Now to Offset Tariff PainAnalyst Corner: Singles’ Day 2025 Trends See AI Move Center Stage, with John Mercer
