from Reuters: Business News https://reut.rs/2W2yD9s
Thursday, 30 May 2019
PVH cuts profit forecast as CEO sees retail softness, shares tank
PVH Corp cut its annual profit forecast by 10 cents a share on Wednesday as the Calvin Klein and Tommy Hilfiger brands owner grapples with tariffs and slowing retail growth, exacerbated by weak spending from overseas shoppers in the face of a strong U.S. dollar, sending its shares down 12% after hours.
from Reuters: Business News https://reut.rs/2W2yD9s
from Reuters: Business News https://reut.rs/2W2yD9s
Subscribe to:
Post Comments (Atom)
A relationship banker and a risk manager: Meet the two candidates vying to succeed JPMorgan's Jamie Dimon
Doug Petno and Troy Rohrbaugh are the two frontrunners in the race to succeed Jamie Dimon. JPMorgan JPMorgan named Troy Rohrbaugh and Doug P...
-
Student-loan borrowers said they're worried about higher payments without the SAVE plan. Aaron Hawkins/Getty Images/iStockphoto Tru...
-
Big Tech is emerging a winner in the new H-1B system, while early-stage startups could lose out. Matthias Balk/nirat/Getty/Getty Images ...
-
Healthcare costs will change for Americans in 2026. Reza Estakhrian/Getty Images Health insurance costs are expected to rise for Americ...
No comments:
Post a Comment