PVH Corp. Reports 2020 Third Quarter Results and Provides Update Relating to the Impact of the Pandemic
PVH Corp. (PVH)
Last pvh corp. earnings: 4/1 04:15 pm
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US:NYSE Investor Relations:
pvh.com/investor-relations
Company Research
Source: Business Wire
Third quarter revenue and earnings exceeded the Company’s expectations, driven by strong performance in Europe and ChinaRevenue decreased 18% to $2.118 billion (decreased 21% on a constant currency basis) compared to the prior year period, a sequential improvement compared to the percentage revenue decreases in the prior two quartersThe Company’s revenue through digital channels grew 36%, with sales through its directly operated digital commerce businesses up 70% compared to the prior year periodEPS was $0.98 on a GAAP basis and $1.32 on a non-GAAP basisThe Company had over $2.7 billion of liquidity as of quarter-end, consisting of $1.5 billion of cash on hand and over $1.2 billion of available borrowings under revolving credit facilitiesThe Company anticipates its fourth quarter revenue and earnings will continue to be negatively impacted by the COVID-19 pandemic; although there is uncertainty due to resurgences throughout Europe and North America, the Company currently expects reven
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PVH
Earnings
- 4/1/24 - Beat
PVH
Sec Filings
- 5/10/24 - Form ARS
- 5/10/24 - Form DEFA14A
- 5/10/24 - Form DEF
- PVH's page on the SEC website