NEW YORK — Growth on both the top and bottom lines from Tommy Hilfiger allowed PVH Corp. to post second-quarter earnings 29.3 percent above year-ago levels and ahead of Wall Street’s expectations.
In the three months ended July 29, the New York-based apparel giant generated net income of $87.7 million, or $1.19 a diluted share, versus profits of $66.7 million, or 92 cents, in the 2011 quarter. Excluding special items, adjusted earnings per share was $1.25, 5 cents above both the analyst consensus estimate and the high end of PVH’s earlier guidance for EPS of $1.18 to $1.20.
"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)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)