Volume has been light on trading all around. With many stocks moving 10% on no news, I see PVH as a good buy and at minimum hold into tomorrow. I don't know who the hell is selling after hours. That's just crazy.
-- Earnings per share was $1.07 on a non-GAAP basis, which exceeded the Company's guidance and the Consensus estimate and represents an increase of 39% over the prior year's second quarter non-GAAP earnings per share of $0.77.
-- GAAP earnings per share was $0.92, which exceeded the Company's guidance. GAAP loss per share in the prior year's second quarter was $(1.07).
-- Revenue increased $231.2 million, or 21%, to $1,334.4 million over the prior year's second quarter revenue of $1,103.3 million. The revenue increase is attributable to (i) an increase of $160.7 million, or 30%, in the revenue of the Company's Tommy Hilfiger business; (ii) an increase of $38.1 million, or 19%, in the revenue of the Company's Calvin Klein business; and (iii) an increase of $32.4 million, or 9%, in the revenue of the Company's Heritage Brands business.