By  on June 5, 2014

PVH Corp. chief Emanuel Chirico on Thursday remained confident in the firm’s expectations for a stronger second half even though Wall Street registered its disapproval of the company’s first-quarter earnings miss and lowered full-year guidance.

Shares of the New York-based firm fell $10.59, or 8.1 percent, to close at $120.09 in trading Thursday following the company’s disclosure late Wednesday of adjusted earnings for the first quarter of $1.47, 2 cents below analysts’ consensus estimates.

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