Mon, Jun. 27, 12:01 PM
Wed, Jun. 15, 1:08 PM
- PVH (PVH +4.6%) rallies after CEO Manny Chirico said sales at department stores are trending "slightly better" in Q2.
- Chirico, presenting today at the Piper Jaffray Consumer Conference in NYC, also noted the potential for growth with the Tommy Hilfiger women's business.
- Piper Jaffray Consumer Conference webcast
Thu, May 26, 9:18 AM| Thu, May 26, 9:18 AM | 1 Comment
Thu, May 26, 8:59 AM
- PVH (NYSE:PVH) shoots higher after the company raised its full-year EPS forecast after a better-than-expected Q1.
- Calvin Klein was a strong performer during the quarter, with revenue up 13% before foreign exchange was factored in. Sales at Tommy Hilfiger were up 4% ex-F/X.
- The company expects EPS of $6.45-$6.55 vs. $6.30-$6.50 prior and $6.46 consensus.
- Previously: Phillips-Van Heusen beats by $0.07, beats on revenue (May 25)
- PVH +6.47% premarket to $95.60.
Wed, May 25, 5:39 PM
Wed, May 25, 4:17 PM
Wed, May 11, 10:04 AM
- A devastating F/X-ravaged report turned in by Fossil (FOSL -31.3%) and a general sense that U.S. consumer spending on apparel is weak (L Brands, Gap, Macy's) is taking a toll on some high-end retailers.
- Michael Kors (KORS -10.8%), Movado (MOV -7.6%), G-III Apparel (GIII -9.9%), Kate Spade (KATE -2.9%), PVH (PVH -5.6%), Ralph Lauren (RL -5.8%), Coach (COH -3.8%), and Luxottica (LUX -1.9%) are all spinning lower with anxiety over sales trends rising.
- Previously: Fossil crushed after sales and margins shrink (May 10)
- Previously: Specialty retail not looking so special to investors (May 11)
Fri, Feb. 19, 11:53 AM
- The apparel sector is on shaky ground after weak earnings reports from VF Corp. and Nordstrom set the tone.
- Weather and F/X dinged VF Corp. more than expected, while Nordstrom was whacked by promotions and a higher mix of e-commerce.
- Notable decliners include Carter's (CRI -3.9%), PVh Corp. (PVH -2.7%), Kate Spade (KATE -2.8%), Gildan Activewear (GIL -2.1%), Hanesbrands (HBI -3.5%), Gap (GPS -1.1%), Lululemon (LULU -1.1%), Urban Outfitters (URBN -2%), Genesco (GCO -2%), and Sequential Brands Group (SQBG -1.1%).
Tue, Feb. 2, 10:21 AM
- Strength shown by Michael Kors (KORS +16.1%) in digital channels, Japan, and across much of Europe isn't going unnoticed in the apparel sector.
- G-III Apparel (GIII 1.4%), PVH Corp (PVH +3.2%), Vera Bradley (VRA +5%), Fossil (FOSL +1.8%), Lululemon (LULU +2.5%), Kate Spade (KATE +1.1%), and Movado (MOV +0.5%) are all higher on a day broad market averages are wilting.
- Previously: Michael Kors Holdings beats by $0.13, beats on revenue (Feb. 2)
- Previously: Michael Kors soars after earnings shine (Feb. 2)
Mon, Feb. 1, 5:37 PM
Dec. 2, 2015, 4:23 PM
- Phillips-Van Heusen (NYSE:PVH): Q3 EPS of $2.66 beats by $0.19.
- Revenue of $2.16B (-3.1% Y/Y) in-line.
- Shares +4.9%.
Nov. 23, 2015, 12:29 PM
- High-end global retail stocks are on the move as some analysts see the sector as oversold.
- A positive step forward for trade talks between China and the U.S. may also be contributing to the mini-rally.
- Gainers: Ralph Lauren (RL +1.8%), Guess (GES +3.3%), Coach (COH +2%), Michael Kors (KORS +1.8%), Vera Bradley (VRA +1.6%), Kate Spade (KATE +2.6%), PVH Corp (PVH +1.6%).
Oct. 8, 2015, 10:20 AM
- The apparel sector is out-gaining market averages as sentiment swings positive. There's been some analysis suggesting that apparel sellers will benefit from the Trans-Pacific Partnership on the cost side. Lower cotton and oil prices are also working in the favor of apparel companies, although hedging against the strong U.S. dollar is an ongoing risk.
- On the manufacturing side: G-III Apparel (NASDAQ:GIII) +2.6%, Columbia Sportswear (NASDAQ:COLM) +2.1%, Michael Kors (NYSE:KORS) +1.8%, PVH Corp. (NYSE:PVH) +1.6%, Ralph Lauren (NYSE:RL) +1.4%.
- On the chain store side: Cato (NYSE:CATO) +5.1%, Ascena Retail (NASDAQ:ASNA) +3.4%, American Eagle Outfitters (NYSE:AEO) +3.4%, Abercrombie & Fitch (NYSE:ANF) +3.1%, Francesca's Holdings (NASDAQ:FRAN) +2.6%, L Brands (NYSE:LB) +2.1%.
Jun. 1, 2015, 4:17 PM
- PVH Corp. (NYSE:PVH) reports revenue was up 5% for the Calvin Klein business and 1% for Tommy Hilfiger in Q1 on a constant currency basis.
- The North America retail store comp was -1% for Calvin Klein and -3% for Tommy Hilfiger as a strong U.S. dollar held back international tourist spending.
- The company says it authorized a new $500M buyback program.
- Guidance: PVH expects full-years EPS of $6.85-$6.95 vs. $6.86 consensus.
- Previously: Phillips-Van Heusen beats by $0.12, beats on revenue (June 1)
- PVH +2.41% after hours.
Jun. 1, 2015, 4:02 PM
- Phillips-Van Heusen (NYSE:PVH): Q1 EPS of $1.50 beats by $0.12.
- Revenue of $1.88B (-4.1% Y/Y) beats by $20M.
- Shares +2%.
Apr. 7, 2015, 2:47 PM
- Global clothing stocks are outperforming broad market averages on the day.
- There was some positive commentary out early from Credit Agricole which may have set up the sector for some bids.
- Demand has been improved of late in some Asian markets, while F/X challenges continue to be a large drag for some sellers.
- On the expense side, cotton prices are 28% below the level of a year ago.
- Gainers: Lululemon (LULU +4.2%), Sequential Brands Group (SQBG +6.8%), PVH Corp. (PVH +1.6%), Iconix Brand Group (ICON +1.2%), Ralph Lauren (RL +1.3%), G-III Apparel (GIII +2.1%), Michael Kors (KORS +2%).
PVH Corp. designs, sources and markets brands in the dress shirts, sportswear, neckwear, jeanswear, intimate apparel, swim products, handbags, footwear and other related categaries. Its brand portfolio includes Calvin Klein and Tommy Hilfiger, as well as Van Heusen, IZOD, ARROW, Warner's, Olga... More
Sector: Consumer Goods
Industry: Textile - Apparel Clothing
Country: United States
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