Insight Report 3 minutes PremiumPVH (PVH) 2Q16 Results: Mixed Picture as International Division Continues to Outpace US Division Coresight Research August 25, 2016 Executive Summary PVH Corp. reported 2Q16 adjusted EPS of $1.47 versus the consensus estimate of $1.28. Revenues increased by 4%, to $1.93 billion, from $1.86 billion in the second quarter last year, and missed the consensus estimate of $1.94 billion. Calvin Klein revenue was up 12% and Tommy Hilfiger revenue was up 6%, but these increases were offset by a 14% decrease in revenues for the company’s Heritage Brands. For FY16, the company increased its EPS guidance to $6.55–$6.65, which includes an impact of $1.60 per share related to foreign currency exchange. This is up from previous EPS guidance of $6.45–$6.55, which included a negative impact of $1.55 from foreign currency. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: US and UK Retail Bankruptcies Latest, July 2023Retail Industry Analysis: What Can Retailers Learn from Shein and Temu?Consumers Pull Back from Public Places: China Consumer Survey InsightsJune 2023 Leading Indicators of US Retail Sales: Total Gains To Be in the Low Single Digits Due to Flat Disposable Income Growth