PVH (PVH) Beats Q2 Earnings Estimates

PVH Corp reported quarterly earnings of $3.70 per share, beating consensus estimates of $3.08 and marking a 20.13% earnings surprise. Despite strong earnings performance, the company received a Zacks Rank #3 (Hold) rating due to mixed estimate revisions. PVH has underperformed the S&P 500 year-to-date, gaining 8.7% versus the market's 11.5% gain.