Why PVH Stock Plunged Today
Shares of PVH Corp (NYSE: PVH) sank on Thursday after the fashion conglomerate warned of a downturn in one of its major international segments.
Image source: Getty Images.
The parent company of Calvin Klein and Tommy Hilfiger reported a 2% year-over-year rise in revenue to $2 billion in its fiscal first quarter, which ended on May 3. However, excluding the effects of foreign currency fluctuations, PVH's sales declined by 2%.
Source Fool.com
PVH Corp. Aktie
67,34 €
-0,38 %
PVH Corp. wird von der Community favorisiert: Deutlich mehr Buy- als Sell-Einschätzungen.
Die Community erwartet für PVH Corp. ein Kursziel von 83 €, was eine Steigerung von über 20% gegenüber 67.34 € bedeuten würde.
