2024-06-05 15:32:33 ET
Summary
- PVH Corp. reported a 10% decrease in revenues for Q1 2024, with declines in wholesale, Europe, and Tommy Hilfiger.
- Despite lower sales, PVH Corp. saw higher margins and EBIT compared to the same quarter last year.
- The company raised its EPS guidance for the year and is expecting challenges in Europe and wholesale.
PVH Corp. ( PVH ) is a fashion conglomerate. The company owns the Calvin Klein and Tommy Hilfiger brands....
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PVH Q1 Results Were Low But Met Expectations, The Stock Offers Upside Opportunity