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PVH Backs Q2, FY12 Outlook - Quick Facts

PVH Corp. (PVH) has confirmed its revenue and earnings guidance for both the second quarter and full year 2012. PVH still sees second-quarter adjusted earnings in a range of $1.18 - $1.20 per share, and revenues to be relatively flat versus last year's revenue of $1.33 billion. Analysts project earnings of $1.19 per share and revenue of $1.35 billion for the second quarter.

For the full year 2012, the company continues to expect adjusted earnings of $6.15 - $6.25 per share, whereas 16 analysts estimate full-year earnings per share of $6.23.

The company also added that if its current business trends were to continue, it would anticipate to exceed the prior forecast.

by RTTNews Staff Writer

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