PVH Earnings: Expectations High After Strong Q1

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PVH, the fashion giant behind Calvin Klein and Tommy Hilfiger, is set to release its earnings this Wednesday. After a strong Q2 with a 4.5% revenue increase and beating analyst predictions, expectations are high for Q3. Analysts forecast a 1.3% revenue growth to $2.28 billion and adjusted earnings of $2.54 per share. Despite missing revenue predictions twice in the past two years, PVHs share price has surged 11.2% over the last month, outpacing the sectors 3.5% average.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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