Market Currents

• Wednesday, November 18, 2009

• 16:15 PM Phillips-Van Heusen (PVH): Q3 EPS of $1.08 beats by $0.19. Revenue of $697M (flat) vs. $670M. Sees Q4 EPS of $0.38-0.42 vs. $0.49, on revenue of $585M-595M vs. $582M. Raises full-year guidance to $2.59-2.63 from $2.30-2.40, vs. $2.50. Shares +1.4% AH. (PR) Comment!
• 00:10 AM Notable postmarket earnings: GYMB, HOTT, JACK, LTD, NTAP, NTES, PETM, PVH 1 Comment

• Wednesday, August 19, 2009

• 16:47 PM Phillips-Van Heusen (PVH): Q2 EPS of $0.60 beats by $0.16. Revenue of $529M (-1%) vs. $515M. Sees Q3 EPS of $0.80-0.85 vs. $0.90 and revenue of $655M-665M vs. $675M. Raises full-year EPS guidance to $2.30-2.40 from $2.05-2.30. Shares -0.8% AH. (PR) Comment!

• Friday, August 14, 2009

• 09:40 AM Phillips-Van Heusen (PVH) +3.6% early on after JPMorgan raises its rating to Overweight and price target to $37 from $27. Firm says PVH "represents an attractive investment opportunity due to both its margin expansion potential and global growth opportunities with its Calvin Klein brand." Comment!

• Tuesday, May 19, 2009

• 15:10 PM Notable earnings after Tuesday's close: ADI, HPQ, PRGN, PVH Comment!
• 00:10 AM Notable earnings after Tuesday's close: ADI, HPQ, PRGN, PVH Comment!

• Monday, March 23, 2009

• 17:36 PM Phillips-Van Heusen (PVH): Q4 EPS of $0.30 beats by $0.02. Revenue of $484.5M (-4.4%) vs. $585M. Sees Q1 EPS of $0.40-0.50 vs. $0.60 and revenue of $530-540M vs. $567M. Shares -2.8% AH. (PR) Comment!

• Wednesday, January 21, 2009

• 16:45 PM Phillips-Van Heusen (PVH): Sees Q4 EPS of $0.25-0.35 vs. $0.37 consensus, and revenue of $585-590M vs. $577M. Will cut about 10% of workforce and take a charge of $1.05/share. Shares -5.6%. Comment!

• Tuesday, November 18, 2008

• 15:10 PM Notable earnings after Tuesday's close: PSUN, PVH Comment!
• 00:10 AM Notable earnings after Tuesday's close: PSUN, PVH Comment!

• Thursday, August 21, 2008

• 16:47 PM "What people believe their businesses are worth have not come in line with where valuations are today." - Phillips-Van Heusen (PVH) CEO Emanuel Chirico on the dearth of apparel industry consolidation Comment!

• Wednesday, August 20, 2008

• 16:22 PM Phillips-Van Heusen (PVH): Q2 EPS of $0.66 beats by $0.01. Revenue of $561M vs. $552M. Comment!
• 15:10 PM Notable earnings after Wednesday's close: BYI, CRM, GYMB, JDSU, LTD, PVH, SMTC, SNPS Comment!
• 00:10 AM Notable earnings after Wednesday's close: BYI, CRM, JDSU, LTD, PVH, SMTC, SNPS Comment!

• Wednesday, May 28, 2008

• 10:03 AM Phillips-Van Heusen (PVH +1.75%) closing Geoffrey Beene outlets, but will continue to market the brand. 25 stores to become Calvin Klein. Comment!