Apparel maker PVH Corp (NYSE:PVH) late Wednesday posted better than expected third quarter earnings results, but its fourth quarter outlook was significantly weaker than expected.
The New York City-based company reported Q3 adjusted net income of $2.60 per share, which was a full $0.20 better than the average Wall Street consensus estimate of $2.40. Revenues rose 3.7% from last year to $2.24 billion, slightly edging out estimates for $2.23 billion.