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PVH Non-GAAP EPS of $2.60 beats by $0.42, revenue of $2.28B beats by $50M

  • PVH press release (NYSE:PVH): Q3 Non-GAAP EPS of $2.60 beats by $0.42.
  • Revenue of $2.28B (-2.1% Y/Y) beats by $50M.
  • Gross Margin was 55.9% as compared to 57.7% in the prior year period.
  • FY Outlook: Revenue in line with the top end of previous guidance range, projected to decrease approximately 3% (increase approximately 4% on a constant currency basis)
  • Non-GAAP EPS ~$8.25 compared to ~$8.00 previously vs. consensus of $7.91.
  • Shares +3.75%.