Phillips-Van Heusen (PVH) Posts Quarterly Earnings Results, Beats Estimates By $0.12 EPS
Tuesday, August 30, 2021 5:05 PM

Phillips-Van Heusen (PVH) announced its quarterly results on Tuesday. The company reported $1.07 earnings per share for the quarter, beating the Thomson Reuters consensus estimate of $0.95 by $0.12. The company’s quarterly revenue was up 20.9% on a year-over-year basis.

On a related note, analysts at Piper Jaffray (NYSE: PJC) raised their EPS on shares of Phillips-Van Heusen in a research note to investors on Tuesday. They now have an "overweight" rating and a $75.00 price target on the stock.

Shares of Phillips-Van Heusen (PVH) traded up 0.64% during mid-day trading on Tuesday, hitting $64.90. Phillips-Van Heusen (PVH) has a 52 week low of $44.69 and a 52 week high of $75.86. The stock's 50-day moving average is $66.05 and its 200-day moving average is $64.81. The company has a market cap of $4.375 billion and a price-to-earnings ratio of 33.57.

Phillips-Van Heusen Corporation is an apparel company. The Company’s portfolio of brands includes its owned brands, Calvin Klein Collection, ck Calvin Klein, Calvin Klein, Van Heusen, IZOD, ARROW, G.H. Bass & Co., Bass and Eagle, and its licensed brands, principally Geoffrey Beene, CHAPS, Sean John, Donald J. Trump Signature Collection, JOE Joseph Abboud, Kenneth Cole New York, Kenneth Cole Reaction, MICHAEL Michael Kors, Michael Kors Collection, DKNY, Tommy Hilfiger, Nautica, Ted Baker, Ike Behar, Hart Schaffner Marx, J. Garcia, Claiborne, U.S. POLO ASSN., Axcess, Jones New York and Timberland, as well as various private label brands. It designs and markets branded dress shirts, neckwear, sportswear and, to a lesser extent, footwear and other related products. It operates in five reportable segments: Calvin Klein Licensing; Wholesale Dress Furnishings; Wholesale Sportswear and Related Products; Retail Apparel and Related Products, and Retail Footwear and Related Products.

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