PVH Slips After Posting Mixed Q4 Results, Soft FY15 Earnings Outlook

Keep an eye on fashion company PVH Corp. (PVH) shares in Thursday's trading session.
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Keep an eye on fashion company PVH Corp. (PVH) shares in Thursday's trading session. The fashion company reported mixed fourth quarter financial results. However, both the top and bottom lines showed an improvement compared to a year ago. PVH, the maker of Tommy Hilfiger jeans and Calvin Klein clothing, was hurt by the stronger dollar as well as competition in the U.S. apparel industry. For fiscal year 2015, the company now expects earnings below the consensus estimate. Shares of PVH have fallen about 20% year to date. Following the earnings release, the stock fell in after-hours trading. The Street's Kurumi Fukushima reports in New York.