PVH Corp’s Q2 FY24 revenue declined 6 per cent YoY to $2.074 billion, with Tommy Hilfiger and Calvin Klein seeing modest declines.
Despite revenue drops, PVH posted strong earnings growth, with GAAP EPS rising to $2.80 from $1.50.
Gross margin improved to 60.1 per cent, and inventory levels decreased by 12 per cent compared to the prior year.
Despite revenue drops, PVH posted strong earnings growth, with GAAP EPS rising to $2.80 from $1.50.
Gross margin improved to 60.1 per cent, and inventory levels decreased by 12 per cent compared to the prior year.