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Stock impact report

Reflecting On Apparel and Accessories Stocks' Q3 Earnings: PVH (NYSE:PVH) [Yahoo! Finance]

Movado Group Inc. (MOV) 
Last movado group inc. earnings: 3/26 06:45 am Check Earnings Report
US:NYSE Investor Relations: movadogroup.com/investor/index.cfm
Company Research Source: Yahoo! Finance
Thanks to social media and the internet, not only are styles changing more frequently today than in decades past but also consumers are shifting the way they buy their goods, favoring omnichannel and e-commerce experiences. Some apparel and accessories companies have made concerted efforts to adapt while those who are slower to move may fall behind. The 16 apparel and accessories stocks we track reported a strong Q3. As a group, revenues beat analysts' consensus estimates by 2% while next quarter's revenue guidance was in line. Thankfully, share prices of the companies have been resilient as they are up 5.4% on average since the latest earnings results. Founded in 1881 by a husband and wife duo, PVH (NYSE:PVH) is a global fashion conglomerate with iconic brands like Calvin Klein and Tommy Hilfiger. PVH reported revenues of $2.29 billion, up 1.7% year on year. This print exceeded analysts' expectations by 0.5%. Despite the top-line beat, it was still a mixed quarter for the co Show less Read more
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