Tommy Hilfiger, Calvin Klein Parent Company's Stock Surges - NewsBreak

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By Vikash in Business
Updated 3 years ago

PVH Corp.'s return to growth is taking shape — and Wall Street is on board. The parent company to the Tommy Hilfiger and Calvin Klein brands revealed quarterly earnings Tuesday evening after the market closed, logging a $182 million profit, compared with losses of $51.7 million last year, and raising the company's full-year guidance. Shares of PVH shot up more than 15 percent at the start of Wednesday's session as a result.

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