Categories AlphaGraphs, Earnings, Retail
A visual dashboard of PVH Corp’s (PVH) Q1 2020 earnings results
PVH Corp. (NYSE: PVH) swung to a loss in the first quarter of 2020, hurt by the COVID-19 pandemic. The company also expects the revenue decline in Q2 to be more pronounced than in the first quarter. PVH stock, which plunged 11.56% today, further declined by about 8% in the after-market hours.
On an adjusted basis, PVH reported a loss of $3.03 per share compared to a profit of $2.46 in the prior-year quarter. Revenue slumped 43% to $1.34 billion.
PVH Corp. expects pandemic to have a significant impact on the second quarter and full-year 2020 results. By mid-June, over 85% of the company’s stores globally are expected to be reopened. Sales for reopened stores for the second quarter-to-date are running down approximately 25% globally compared to the prior-year period.
Most Popular
Infographic: Key metrics from Estee Lauder’s (EL) Q3 2024 earnings results
The Estee Lauder Companies Inc. (NYSE: EL) reported its third quarter 2024 earnings results today. Net sales were $3.94 billion, up 5% from the prior-year quarter. Organic sales increased 6%.
YUM Earnings: Key quarterly highlights from Yum! Brands’ Q1 2024 financial results
Yum! Brands, Inc. (NYSE: YUM) reported first quarter 2024 earnings results today. Total revenues decreased 3% year-over-year to $1.59 billion. Same-store sales declined 3%. Net income increased 5% to $314
Pfizer (PFE) Q1 2024 Earnings: Key financials and quarterly highlights
Pfizer Inc. (NYSE: PFE) reported first quarter 2024 earnings results today. Revenues decreased 20% year-over-year to $14.8 billion. Reported net income declined 44% to $3.1 billion, or $0.55 per share,