UPDATE 1-PVH falls short of revenue estimates on softness in Calvin Klein [Reuters]
Last pvh corp earnings: 4/1 04:15 pm
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US:NYSE Investor Relations: pvh.com/investor-relations
PVH falls short of revenue estimates on softness in Calvin Klein | Reuters 2 Min Read (Reuters) - Apparel maker PVH Corp ( PVH.N ) missed Wall Street’s estimates for quarterly revenue for the first time in at least two years due to weakness in its Calvin Klein business. Shares of the company, which have lost a fifth of its value this year, fell 8 percent after-hours on Thursday. The company said the softness in its Calvin Klein profile was due to poor response to its recently relaunched and rebranded Calvin Klein jeans. The fashion line, in an attempt to connect with its young audience, roped in millennial-favorite influencers such as singer Justin Beiber and collaborated with Amazon.com Inc ( AMZN.O ) to set up pop-up stores where shoppers can try their jeans and order them on the online retailer’s app. “We are disappointed by the lack of return on our investments in our Calvin Klein 205W39NYC halo business and believe that some of the Calvin Klein Jeans relaunched product was to
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PVH
News
- H&M and Other Brands Face Backlash From Chinese Consumers [The New York Times]The New York Times
- Global Brands Find It Hard to Untangle Themselves From Xinjiang Cotton [The New York Times]The New York Times
- PVH Corp. Announces New Global Disaster Relief Partnership with AmericaresBusiness Wire
- PVH Corp. (<a href="https://www.marketbeat.com/stocks/NYSE/PVH/price-target/">NYSE: PVH</a>) had its price target raised by analysts at Citigroup Inc. from $105.00 to $112.00.MarketBeat
- PVH Corp. (<a href="https://www.marketbeat.com/stocks/NYSE/PVH/price-target/">NYSE: PVH</a>) had its price target raised by analysts at Royal Bank of Canada from $90.00 to $106.00. They now have a "sector perform" rating on the stock.MarketBeat
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PVH
SEC Filings
- 4/16/21 - Form 4
- 4/16/21 - Form 4
- 4/16/21 - Form 4
- PVH's page on the SEC website
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