earnings
confidence high
sentiment positive
materiality 0.80
PVH Q4 revenue $2.489B (+2% YoY); GAAP EPS $2.18 beats guidance $0.45; 2023 EPS ~$10.00
PVH CORP. /DE/
2022-FY EPS reported
$3.03
revenue$9,024,200,000
- Q4 GAAP EPS $2.18 vs guidance ~$0.45; non-GAAP EPS $2.38 vs guidance ~$1.65.
- Revenue increased 2% to $2.489B (8% constant currency); Tommy Hilfiger +3%, Calvin Klein +3%.
- Inventory up 34% YoY; gross margin 55.9% vs 58.3% on higher costs and promotions.
- Full-year 2022 revenue $9.024B (-1% reported, +5% constant currency); non-GAAP EPS $8.97.
- 2023 guidance: revenue +3-4% (2-3% constant currency), EPS ~$10.00, operating margin ~10%.