PVH Corp. Reports Earnings Results for the Second Quarter and Six Months Ended July 31, 2022
August 30, 2022 at 04:18 pm EDT
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PVH Corp. reported earnings results for the second quarter and six months ended July 31, 2022. For the second quarter, the company reported sales was USD 2,031.1 million compared to USD 2,221.5 million a year ago. Revenue was USD 2,132 million compared to USD 2,313.2 million a year ago. Net income was USD 115.3 million compared to USD 181.9 million a year ago. Diluted earnings per share from continuing operations was USD 1.72 compared to USD 2.51 a year ago.
For the six months, sales was USD 4,037.7 million compared to USD 4,202 million a year ago. Revenue was USD 4,254.7 million compared to USD 4,392.5 million a year ago. Net income was USD 248.4 million compared to USD 281.8 million a year ago. Diluted earnings per share from continuing operations was USD 3.66 compared to USD 3.89 a year ago.
PVH Corp. is a fashion company. The Companyâs main brands include Calvin Klein and Tommy Hilfiger. The Company designs and markets branded sportswear (casual apparel), jeanswear, performance apparel, intimate apparel, underwear, swimwear, dress shirts, handbags, accessories, footwear, and other related products. The Company manages its operations through its operating divisions, namely Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale. TOMMY HILFIGER represents the modern uniform for an aspirational lifestyle. The TOMMY HILFIGER brands principally consist of TOMMY HILFIGER and TOMMY JEANS. The Calvin Klein brands consist of Calvin Klein, Calvin Klein Jeans, Calvin Klein Underwear, Calvin Klein Performance and CK Calvin Klein. The Company sells its Calvin Klein and Tommy Hilfiger products through a variety of distribution channels, including wholesale, retail, and licensing.