PVH Corp’s Q2 FY24 revenue declined 6 per cent YoY to $2.074 billion, with Tommy Hilfiger and Calvin Klein seeing modest declines.
Despite revenue drops, PVH posted strong earnings growth, with GAAP EPS rising to $2.80 from $1.50.
Gross margin improved to 60.1 per cent, and inventory levels decreased by 12 per cent compared to the prior year.PVH Corp’s Q2 FY24 revenue declined 6 per cent YoY to $2.074 billion, with Tommy Hilfiger and Calvin Klein seeing modest declines.
Despite revenue drops, PVH posted strong earnings growth, with GAAP EPS rising to $2.80 from $1.50.
Gross margin improved to 60.1 per cent, and inventory levels decreased by 12 per cent compared to the prior year.
