Wall Street Watch Tuesday: PVH Dresses Up as Hilfiger, Klein Sales Grow
Filed under: Earnings, Market News
A dicey economy doesn’t mean that fashion is out of fashion.
PVH (PVH) posted better than expected quarterly results on Monday afternoon.
Even though the apparel designer reported flat revenue growth of $1.3 billion, PVH’s adjusted profit of $1.25 a share came in ahead of both the $1.20 a share that Wall Street was projecting and the $1.07 a share that PVH earned a year earlier.
PVH has been around since 1881, but it was the company’s 2003 acquisition of Calvin Klein and its 2010 purchase…
Wall Street Watch Tuesday: PVH Dresses Up as Hilfiger, Klein Sales Grow originally appeared on DailyFinance.com on 2012-08-28T09:30:00Z.
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