Earnings preview

PVH Corp. (PVH) is slated to release its second-quarter results after the market closes on Wednesday, August 29. A conference call will follow that day at 9:00 AM EST.

Wall Street is expecting a 24.3% YoY (year-over-year) increase in PVH’s earnings to $2.10 per share on total sales of $2.28 billion. That’s a 10.5% increase YoY.

PVH has done better than Wall Street’s earnings expectations in the last 16 quarters.

PVH Corp. to Report Second-Quarter Results on August 29

In Parts 2 and 3 of this series, we’ll look at PVH’s recent financial performance and expectations for the coming quarter.

About PVH

With trailing 12-month sales of $9.2 billion, PVH Corp. is among the largest branded apparel companies in the United States. It’s the owner of iconic brands Calvin Klein and Tommy Hilfiger, as well as Van Heusen, Izod, Arrow, Warner’s, Olga, and Eagle.

The company has been an average performer in the stock market this year. It trades at a discount to most peers and is cheaper than its historical valuations. In Part 4 of this series, we’ll look at its stock performance and valuations.

Wall Street is mostly positive on PVH. It has stronger analyst ratings than most of its peers. In Part 5, we’ll see how Wall Street analysts are viewing it.

ETF investors seeking to add exposure to PVH can consider the iShares Edge MSCI Multifactor Consumer Discretionary ETF (CNDF), which invests 2.2% of its portfolio in PVH.

Latest articles

Pure Storage shares have risen more than 15% today. The company announced its second-quarter results after the markets closed on Wednesday.

Nordstrom (JWN) stock was up 16% as of 11:50 AM today after it reported better-than-expected earnings for the second quarter of fiscal 2019.

Last month, four automakers, including Ford, made a voluntary deal with California to make cars cleaner and more fuel efficient. Trump isn't happy with the deal.

GameStop (GME) shares rose 8% in early market trading today. The company laid off about 120 employees as part of its restructuring process.

Today, citing German business publication Manager Magazin, Reuters reported that Volkswagen CEO Herbert Diess is interested in a stake in Tesla.

For the second quarter, Cresco Labs reported revenues of $29.9 million, which beat analysts’ expectation of $27.9 million.