UPDATE 1-PVH falls short of revenue estimates on softness in Calvin Klein [Reuters]
PVH Corp. (PVH)
Last pvh corp. earnings: 4/1 04:15 pm
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Source: Reuters
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
- PVH Corp. to Host Conference Call to Discuss First Quarter 2022 Earnings ResultsBusiness Wire
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- Top-rated lingerie and underwear you can shop on Amazon [USA TODAY]USA TODAY
- PVH Corp. (<a href="https://www.marketbeat.com/stocks/NYSE/PVH/price-target/">NYSE: PVH</a>) was downgraded by analysts at TheStreet from a "b-" rating to a "c+" rating.MarketBeat
PVH
Earnings
- 3/29/22 - Beat
PVH
Sec Filings
- 5/13/22 - Form SD
- 5/6/22 - Form DEFA14A
- 5/6/22 - Form DEF
- PVH's page on the SEC website