Why PVH Stock Was Falling This Week
Shares of PVH (NYSE: PVH) were moving lower this week after the parent of apparel brands including Calvin Klein and Tommy Hilfiger offered disappointing guidance in its first-quarter earnings report.
According to data from S&P Global Market Intelligence, the stock was down 12.9% for the week as of Thursday at 12:36 p.m. ET.
In its first-quarter earnings report yesterday, PVH said that revenue increased 2% to $2.158 billion, or 5% on a constant-currency basis, which topped the consensus at $2.12 billion.
Source Fool.com
PVH Corp. Stock
€89.58
-2.720%
With 33 Buy predictions and not a single Sell prediction PVH Corp. is an absolute favorite of our community.
As a result the target price of 129 € shows a positive potential of 44.01% compared to the current price of 89.58 € for PVH Corp..
