PVH Stock Plummets Despite Q3 Beats

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Venerdì

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PVH, owner of Calvin Klein, reported Q3 revenue and profits meeting expectations, yet shares plummeted 12% due to a weaker Q4 outlook and disappointing earnings guidance, marking a significant drop from its 52-week high and a 31% decline from its peak in December 2022.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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