PVH Corp. Reports 2021 First Quarter Results Above Guidance and Raises Full Year Outlook
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
First quarter revenue increased 55% to $2.079 billion (increased 46% on a constant currency basis) compared to the prior year period and exceeded guidanceRevenue in the Company’s international businesses exceeded 2019 pre-pandemic levelsRevenue through digital channels grew approximately 95%, with sales through its directly operated digital commerce businesses up 66% as compared to the prior year periodDigital penetration as a percentage of total revenue was approximately 25%Gross margin expansion experienced across all regions and brand businesses, with overall gross margin for the quarter exceeding 2019 pre-pandemic levelsFirst quarter EPS exceeded guidance and was:GAAP basis: $1.38 compared to guidance of $0.28 to $0.31Non-GAAP basis: $1.92 compared to guidance of $0.80 to $0.83The Company is raising its full year 2021 EPS outlook despite continued uncertainty due to the COVID-19 pandemic globally:GAAP basis: Raised to approximately $5.50 from approximately $5.00 previouslyNon-GAAP
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PVH
Earnings
- 4/1/24 - Beat
PVH
Sec Filings
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- PVH's page on the SEC website