PVH Corp. (NYSE:PVH) released its fourth-quarter results after Monday's closing bell. Here's a look at the key figures from the report. 

The Details: Calvin Klein and Tommy Hilfiger parent company PVH reported quarterly earnings of $3.27 per share, which beat the analyst consensus estimate of $3.21. Quarterly revenue came in at $2.37 billion, which beat the analyst consensus estimate of $2.33 billion.

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For the fourth quarter, PVH reported:

• Tommy Hilfiger revenue decreased 5% compared to the prior year period.
• Calvin Klein revenue decreased 2% compared to the prior year period.
• Heritage Brands revenue decreased 41% compared to the prior year period, which included a 28% decrease resulting from the sale of the Heritage Brands women’s intimates business.
• Direct-to-consumer revenue decreased 5% compared to the prior year period (decreased 2% on a constant currency basis), including a 4% decline from the impact of the 53rd week in 2023.
• Wholesale revenue decreased 5% compared to the prior year period (decreased 2% on a constant currency basis), including a 2% reduction resulting from the sale of the Heritage Brands women’s intimates business.

“Driven by the strength of our two iconic global brands, Calvin Klein and Tommy Hilfiger, and our disciplined execution of our PVH+ Plan, we finished the year strong and are well-positioned for 2025. In 2024, we beat our EPS guidance on a non-GAAP basis and delivered better-than-expected revenue in constant currency, with record gross margins and double-digit non-GAAP EBIT margin,” said Stefan Larsson, CEO of PVH.

Outlook: PVH expects first-quarter revenue to be flat to a decrease of 2% and adjusted earnings of $2.10 to $2.25 per share, versus the $2.29 estimate.

PVH expects fiscal 2025 revenue to be flat to increased slightly compared to 2024 and sees adjusted earnings of between $12.40 and $12.75, versus the $11.55 estimate.

PVH Price Action: According to data from Benzinga Pro, PVH shares were up 12.93% after-hours at $73 on Monday.  

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