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PVH Soars After Calvin Klein Parent Posts Fourth-Quarter Earnings Beat

Rob Lenihan

soared 17.4% to $130.14 Thursday after the apparel company beat Wall Street's fourth-quarter earnings and sales expectations, as its Tommy Hilfiger brand had an "outstanding quarter," while its Calvin Klein segment delivered "healthy" results. "Tommy Hilfiger had an outstanding quarter, with strong growth across all product categories and regions," Emanuel Chirico, chairman and CEO, said in a statement. Sales at Tommy Hilfiger increased 2.3% to $1.2 billion during the reported quarter.