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PVH Corp. stock rises on Q4 earnings beat

Yahoo Finance

Yahoo Finance Live’s Julie Hyman breaks down the rise in stock for PVH Corp. following fourth-quarter earnings.

Video Transcript

[MUSIC PLAYING]

JULIE HYMAN: We're watching a trending ticker here. It's PVH, the maker of Calvin Klein and Tommy Hilfiger clothing. It's beating the street with its latest results. The shares are up by almost 19%. And the company also says it will accelerate the growth of those two brands in particular despite the macroeconomic environment.

Fourth-quarter revenue rose 2% on the year to just under $2 and 1/2 billion. The company's CFO says PVH is well positioned to achieve double-digit EPS-- double-digit EPS growth this year. Say that five times fast.