Phillips-Van Heusen Earnings Preview

Published on Friday, 03 September 2010 10:21 Written by Christian Paolinetti

New York, September 3rd (TradersHuddle.com) - Shares of Phillips-Van Heusen Corporation (NYSE:PVH) are trading higher by +1.83% ahead of its quarterly earnings release. Phillips-Van Heusen, the multibrand apparel maker is expected to release its quarterly results on September 7^th.

Wall Street Analysts consensus calls for a profit of $0.54 a share on $1.09 billion revenue.

Phillips-Van Heusen estimates have a range of $0.12 a share. The high estimate calls for profit of $0.62 a share and the low estimate is calling for a profit of $0.5 a share, a year ago for the quarter the company reported $0.6 a share.

Phillips-Van Heusen Corporation designs, sources, manufactures, and markets apparel and footwear for the whole family. The Company markets its products at a wholesale level through department store chains and directly to consumers through retail stores. The company uses multibrand brand strategy to reach different markets, some of its brands include Arrow, Van-Heusen, Calvin Klein, IZOD, Geoffrey Beene, Kenneth Cole, and DKNY.