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PVH News2 articles
PVH Stock Tumbles 21% After Slashing Revenue Forecast on Middle East Conflict
PVH Corp shares fell 21% after lowering its full-year revenue forecast, blaming the Middle East conflict for weaker demand in Europe, the Middle East, and Africa. The warning erased over a fifth of market value despite a Q1 earnings beat.
PVH Slashes Revenue Forecast, Shares Tumble 18.7% After Hours
PVH shares fell 18.7% after hours after the company slashed its full-year revenue forecast to roughly flat, citing ongoing pressure in the EMEA region.