US6936561009 - Common Stock
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at PVH (NYSE:PVH) and the best and worst performers in the apparel, accessories and luxury goods industry.
China said it will investigate US apparel maker PVH Corp. for suspected boycotting of cotton sourced from its Xinjiang region, a probe that could lead to punishment for the parent company of Tommy Hilfiger and Calvin Klein.
Fashion conglomerate PVH (NYSE:PVH) reported results in line with analysts’ expectations in Q2 CY2024, with revenue down 6% year on year to $2.07 billion. It made a non-GAAP profit of $3.01 per share, improving from its profit of $1.98 per share in the same quarter last year.