Earnings Call Summary | PVH Corp(PVH.US) Q3 2024 Earnings Conference
Earnings Call Summary | PVH Corp(PVH.US) Q3 2024 Earnings Conference
EPS for Q3 exceeded expectations, reporting at $3.03, an increase from the previous year's EPS.The following is a summary of the PVH Corp. (PVH) Q3 2024 Earnings Call Transcript:
以下是pvh corp.（PVH）2024年第三季度業績會文稿的摘要：
Financial Performance:
財務表現：
PVH Corp. reported a revenue decline of 5% year-over-year with 2% decline attributed to the sale of the Heritage Intimates business, while on a constant currency basis, revenue was down 6%.
Non-GAAP operating margin stood at 10.5%, which is flat versus last year due to higher gross margins and strong expense management offsetting revenue decline.
EPS for Q3 exceeded expectations, reporting at $3.03, an increase from the previous year's EPS.
pvh corp.報告營業收入同比下降5%，其中2%的下降歸因於出售遺產內衣業務，而按照固定貨幣計算，營業收入下降了6%。
非公認會計原則下的營業利潤率爲10.5%，與去年持平，毛利率的提高和強大的費用管理抵消了營業收入的下降。
第三季度的每股收益超出預期，報告爲$3.03，較去年每股收益有所增加。
Business Progress:
業務進展：
PVH reported progress in implementing the PVH+ Plan, highlighting product sell-through improvements, DTC trends back to growth, and strong performances in North American markets.
Announced investment in a flagship Calvin Klein store in SoHo, New York as part of their brand-building strategy.
Shared plans for women's wear to be operated in-house in North America, aiming to control and improve product execution and sourcing.
pvh在實施pvh+計劃方面取得了進展，強調了產品賣出改善、直銷趨勢回升以及北美市場的強勁表現。
宣佈在紐約SoHo投資一間旗艦Calvin Klein店，作爲他們品牌建設策略的一部分。
共享計劃將在北美內部運營女性服裝，旨在控制和改善產品執行和採購。
Opportunities:
機會：
PVH emphasized the potential growth through stronger DTC trends and improved inventory composition.
They project modest growth into 2025 and see opportunities to approach a long-term target of a 15% operating margin, signaling positive revenue and profit expectations based on current strategic initiatives.
pvh corp 強調通過更強的直接面向消費者趨勢和改善的庫存組成來推動潛在增長。
他們預測到2025年將實現溫和增長，並看到接近15%營業利潤率的長期目標的機會，這表明基於當前策略的積極營業收入和利潤預期。
Risks:
風險：
Q4 gross margin expected to decline by 200 basis points primarily due to a promotional environment and increase in freight costs.
預計第四季度毛利率將下降200個點子，主要由於促銷環境和運輸成本的增加。
More details: PVH Corp IR
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譯文內容由第三人軟體翻譯。
