Company Earnings Update 3 minutesRegister for Free AccessPVH (NYSE: PVH) 2Q19 Results: Beats Consensus Sales and Earnings Estimates but Reduces FY19 Outlook on Volatile Macro Environment Coresight Research August 30, 2019 Executive Summary 2Q19 revenues increased modestly to $2.36 billion versus the $2.33 billion consensus, as currency exchange rates clipped about 200 basis points (bps) from revenue growth, worth some $5 million and $0.06 per share. Adjusted 2Q19 EPS declined 3.8% to $2.10 versus $2.18 in the year-ago quarter and the $1.88 consensus estimate. Tommy Hilfiger continues to outpace consolidated results, achieving 8% revenue growth (10% constant currency) and 9% comps internationally. The Tommy Hilfiger business in North America declined 5%, dragged down by an 8% comp decline. PVH lowered F19 guidance to reflect a significantly more conservative outlook and now guides for adjusted EPS of $9.30-9.40, down from the previous guidance of $10.20-10.30. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Retail Shrink and ORC: Legislative Momentum Grows and New Tech Solutions Emerge To Tackle TheftRetail Industry Analysis: What Can Retailers Learn from Shein and Temu?US Consumer Tracker: Focus on Financial Position and SecurityCoresight Bites: US Store Tracker Extra—Developments in February 2023