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PVH

PVH Corp.

$105.94

-0.09 (-0.08%)

16:24
11/30/16
11/30
16:24
11/30/16
16:24

PVH Corp. reports Q3 Heritage Brands revenue down 8% to $426M

Revenue in the Heritage Brands business for the quarter decreased 8% to $426 million compared to the prior year period, principally resulting from the rationalization initiatives implemented in 2015 that continued to impact the business in 2016, consisting of the exit from the Izod retail business and the discontinuation of several licensed product lines in the dress furnishings business. Partially offsetting these decreases was a 6% increase in comparable store sales in the Van Heusen business.

  • 01

    Dec

PVH PVH Corp.
$105.94

-0.09 (-0.08%)

09/12/16
WELS
09/12/16
INITIATION
WELS
Outperform
PVH Corp. resumed with an Outperform at Wells Fargo
Wells Fargo analyst Ike Boruchow resumed coverage of PVH Corp. with an Outperform rating and $125-$127 price target range.
09/12/16
WELS
09/12/16
INITIATION
WELS
Outperform
PVH Corp. coverage resumed at Wells Fargo
As noted earlier, Wells Fargo resumed coverage of PVH with an Outperform rating. The firm says that the company has multiple catalysts that should enable it to report "relatively impressive" results going forward. Specifically, the firm is upbeat on the company's Calvin Klein brand and its new Chief Creative Officer. Target $125-$127.
09/30/16
GUGG
09/30/16
INITIATION
Target $125
GUGG
Buy
PVH Corp. initiated with a Buy at Guggenheim
Guggenheim analyst Robert Drbul initiated PVH Corp with a Buy and a $125 price target.
10/07/16
PIPR
10/07/16
NO CHANGE
Target $124
PIPR
Overweight
Piper remains buyer of PVH after management meetings
After traveling with management, Piper Jaffray analyst Erinn Murphy says she remains a buyer of PVH Corp. shares. International trends are accelerating and PVH is a "beat & raise" story, Murphy tells investors in a research note. The analyst sees $11 per share in earnings power over the next four years. She reiterates an Overweight rating on the shares with a $124 price target.

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PCH

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$46.50

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DBOEY

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CBLI

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SU

Suncor

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RTN

Raytheon

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NOV

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$36.15

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OIS

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PSA

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BSFT

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NWE

NorthWestern

$59.92

-0.23 (-0.38%)

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