By  on September 9, 2013

PVH Corp. expects continuing headwinds in southern Europe and ongoing investments in the Calvin Klein businesses acquired from The Warnaco Group Inc. to limit its second-half profitability.

Reporting second-quarter results that beat analysts’ expectations on both the top and bottom lines, the New York-based firm held to its guidance for full-year adjusted earnings of $7 a diluted share and initiated guidance for adjusted earnings per share of $2.20 in the third quarter.

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