NEW YORK (AP) — NEW YORK (AP) — PVH Corp. (PVH) on Wednesday reported a loss of $44.8 million in its fiscal first quarter.
The New York-based company said it had a loss of 88 cents per share. Earnings, adjusted for non-recurring costs, were $2.30 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.24 per share.
The owner of the Calvin Klein and Tommy Hilfiger brands posted revenue of $1.98 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $1.94 billion.
For the current quarter ending in July, PVH expects its per-share earnings to range from $1.85 to $2.
The company expects full-year earnings in the range of $10.75 to $11 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PVH at https://www.zacks.com/ap/PVH
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