• PVH Beats 3Q Profit Forecasts

    This post is sourced at businessoffashion.com

    NEW YORK, United States — PVH Corp. on Wednesday reported fiscal third-quarter profit of $221.9 million.

    On a per-share basis, the New York-based company said it had net income of $2.67. Earnings, adjusted for one-time gains and costs, came to $2.66 per share.

    The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.49 per share.

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    Author : Associated Press