NEW YORK — Double-digit growth at Tommy Hilfiger and Calvin Klein supplied more than enough ammunition to help PVH Corp. overcome lingering weakness in its Izod sportswear business and post fourth-quarter profits above its own estimates and those of Wall Street.
Investors were heartened by revised guidance from the New York-based apparel powerhouse calling for adjusted earnings of between $6.10 and $6.20 for the full year, ahead of the $5.90 to $6 projection provided in January. PVH said profit growth would be “heavily weighted” toward the second half of the year, in contrast to its projection two months ago that earnings expansion would “occur entirely in the second half of the year.”
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
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