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Calvin Klein owner PVH quarterly sales beat estimates

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Calvin Klein owner PVH quarterly sales beat estimates
FILE PHOTO: Logo of Calvin Klein watches is seen at the Baselworld watch and jewellery fair in Basel, Switzerland, March 26, 2018. REUTERS/Arnd Wiegmann   -   Copyright  ARND WIEGMANN(Reuters)
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(Reuters) – PVH Corp’s <PVH.N> quarterly sales beat Wall Street expectations on Wednesday, helped by higher demand for its Tommy Hilfiger apparels.

Net income attributable to the company rose to $193.5 million (157.6 million pounds), or $2.58 per share, in the second quarter ended Aug. 4, from $165.2 million, or $2.12 per share, a year earlier.

Revenue rose 1.3% to $2.36 billion, beating the average analyst estimates of $2.33 billion, according to IBES data from Refinitiv.

(Reporting by Soundarya J in Bengaluru; Editing by Shailesh Kuber)

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