NEW YORK (AP) — NEW YORK (AP) — PVH Corp. (PVH) on Tuesday reported a loss of $158.3 million in its fiscal fourth quarter.
On a per-share basis, the New York-based company said it had a loss of $3.46. Earnings, adjusted for non-recurring costs, were $3.82 per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $3.30 per share.
The owner of the Calvin Klein and Tommy Hilfiger brands posted revenue of $2.51 billion in the period.
For the year, the company reported profit of $25.3 million, or 52 cents per share. Revenue was reported as $8.95 billion.
PVH expects full-year earnings in the range of $11.80 to $12.10 per share.
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