Stock Track | PVH Surges 16% After Hours on Strong Q4 Results, Upbeat 2025 Outlook, and $500M Share Buyback Plan

Stock Track
04-01

Shares of PVH Corp (NYSE: PVH) soared 16.03% in after-hours trading on Tuesday following the company's release of better-than-expected fourth-quarter results and an optimistic outlook for fiscal year 2025. The parent company of Calvin Klein and Tommy Hilfiger reported fourth-quarter earnings per share of $3.27, beating analyst estimates of $3.21, despite a 4.8% year-over-year decline in revenue to $2.37 billion.

Investors were particularly encouraged by PVH's strong guidance for fiscal 2025. The company projected full-year earnings per share between $12.40 and $12.75, significantly higher than the analyst consensus of $11.43. PVH also anticipates revenue to be flat to slightly higher compared to 2024, surpassing market expectations. CEO Stefan Larsson attributed the positive outlook to the strength of the company's iconic brands and disciplined execution of its PVH+ Plan.

Adding to the positive sentiment, PVH announced plans to repurchase $500 million worth of shares in 2025 through accelerated share repurchase agreements. This move demonstrates the company's confidence in its future prospects and commitment to returning value to shareholders. The strong performance and optimistic outlook suggest that PVH is successfully navigating challenges in the retail sector and capitalizing on the strength of its global brands.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10