PVH Q4 Earnings Beat Estimates, Revenues Remain Flat Y/Y

PVH Corporation (PVH) reported improved fourth-quarter fiscal 2023 results, wherein both earnings and sales topped estimates. The bottom line improved while the top line remained flat year over year. Results gained from the strong execution of the PVH+ Plan, which led to a strong gross margin expansion and double-digit adjusted earnings per share (EPS) growth in the fiscal fourth quarter. Additionally, the company witnessed continued momentum in its core brands, Calvin Klein and Tommy Hilfiger.PVH shares de ...