Wednesday, October 12, 2011

PVH says it will hit the high end of estimates...

PVH, formerly known as Phillips-Van Heusen, gains +6% after saying it expects Q3 and FY11 EPS to be at least at the high end of guidance, as the apparel company reaps the benefits from strong sales in its Calvin Klein and newly acquired Tommy Hilfiger brands. The company said back in August it expects Q3 EPS in the range of $ 1.75 to $1.81 on revenue of between $1.61B to $1.63B.

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