Yahoo Finance PVH Beat Analysts’ Revenue and Earnings Estimates in Fiscal 4Q15
Calvin Klein Helped PVH Close Fiscal 2015 in Style
Series snapshot
Manhattan-based Phillips-Van Heusen (PVH) reported its results for fiscal 4Q15 and fiscal 2015 on March 23, 2016. The company’s results topped Wall Street analysts’ consensus estimates for both revenue and earnings during the quarter.
PVH’s fiscal 4Q15 EPS (earnings per share) stood at $1.52, beating analysts’ consensus estimate by $0.06, while its fiscal 4Q15 revenue stood at $2.1 billion, beating the consensus estimate by $40 million.
Fiscal 4Q15 highlights
PVH’s revenue rose 2.1% YoY (year-over-year) to $2.1 billion.
PVH’s revenue rose 7% on a constant currency basis.
PVH’s diluted earnings per share stood at $1.52, inclusive of a -$0.36 impact related to foreign currency exchange rates.
About PVH
PVH is the second-largest US branded apparel company by sales after VF Corporation (VFC). PVH owns several internationally recognized brands such as Calvin Klein, Tommy Hilfiger, Van Heusen, Izod, Arrow, Warner’s, Olga, and Eagle.
PVH distributes its clothing and accessories through wholesale partners such as Macy’s (M), JCPenney (JCP), its own retail locations, and licensing channels.
ETF investors seeking to add exposure to PVH can consider the First Trust Consumer Discretionary AlphaDEX ETF (FXD), which invests 1.3% of its portfolio in PVH.
What’s this series all about?
The current series is an earnings overview of PVH’s fiscal 4Q15 and fiscal 2015 results. We’ll discuss the company’s financial performance, the performances of its major segments, and its fiscal 2016 guidance. We’ll evaluate the company’s stock market performance and look at its current valuation compared to those of its peers.
Let’s start with PVH’s fiscal 4Q15 financial results in the next article.
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