Post by
savyinvestor333 on Mar 28, 2023 1:16pm
PVH reported last night
They are the owner of brands including Tommy Hifiger and Calvin Klien. A blowout number and raised guidance and profitability for the year. Currently up 20% today
https://finance.yahoo.com/quote/PVH?p=PVH&.tsrc=fin-srch
Comment by
savyinvestor333 on Mar 28, 2023 2:53pm
LULU numbers out after the close today
Comment by
savyinvestor333 on Mar 28, 2023 4:28pm
LULU up 9% after hours Retail seems to be doing just fine.
Comment by
nozzpack on Mar 28, 2023 6:02pm
Lulu revenues for Q4 , ending January 2023, was $2.8 billion which was up nearly $1 billion from Q3 revenues of $1.9 billion. This is a much larger spike in Q4 revenues than what we have come to expect for RET...5-10 % Maybe this year will be a bit higher..
Comment by
Torontojay on Mar 28, 2023 7:46pm
It's very possible we will have a deviation from the mean as there is still strong pent up demand for their merchandise. Who knows how long it will last given the tightening of financial conditions. I think they can hold their own under these circumstances.