© Reuters.
Investing.com — PVH Corp (NYSE:) shares were rising after the parent of fashion brands Tommy Hilfiger and Calvin Klein beat expectations for the second quarter.
The company adjusted earnings per share of $1.98 on revenue of $2.21 billion. Analysts expected adjusted earnings of $1.76 a share on revenue of $2.19B.
Shares were up 1.1% in after hours trading. They are up 14% so far this year.
CEO Stefan Larsson said, “As we lean into the five key growth drivers of the PVH+ Plan, we’re continuing to gain traction by connecting our consumer-facing execution with an increasingly demand-driven operating engine to fuel long-term profitable growth.”
PVH said third quarter earnings per share are expected to be around $2.70 and revenue is expected to rise in the middle-single digits from the same time last year.
For the full year, the company sees adjusted earnings per share of $10.35 and revenue rising 3% to 4%.
