PVH Corp. (PVH) reported fourth quarter adjusted EPS of $1.60 after the close Wednesday, compared to $1.19 in the prior year period. The consensus estimate was for EPS of $1.50. The company expects to report first quarter adjusted EPS relatively flat with the $0.33 reported last year. Full year 2013 adjusted EPS is expected to be about $7.00. The consensus estimates are for EPS of $1.52 and $7.46.
PVH Corp. gapped open sharply lower Thursday and fell during the first 45 minutes of trade. The stock slipped further going into the close and finished down by 5.98 at $106.81 on above average volume. PVH has been pulling back from the highs of the year for the last 3 weeks and set over a 4-month low.
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