PVH (PVH) shares surged 19% Tuesday, a day after the fashion apparel company posted better-than-expected results, issued a rosy outlook, and announced a 澳洲幸运5官方开奖结果体彩网:stock buyback plan as its long-term strategy initiative paid dividends.

The owner of the Tommy Hilfiger and Calvin Klein brands reported fourth-quarter adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $3.27 on revenue that declined 5% year-over-year to $2.37 billion. Both t⛦opped Visible Alpha forecasts.

Tommy Hilfiger revenue fell 5% to $1.28 billion, and Calvin Klein revenue was downღ 2% to $1.06 billion.❀ 

CEO Touts 'Disciplined Execution' of Strategic Plan

CEO Stefan Larsson said the performance was driven by demand for the two iconic clothing brands along with "our disciplined execution of our PVH+ Plan." CFO Zac Coughlin added that during the year the company moved into the next level of the PVH+ Plan "to create value by increasing quality of sales and driving gross margin improvements and cost efficiencies to deliver significant 澳洲幸运5官方开奖结果体彩网:cash flow from operations." PVH launched the PVH+ Plan three years ago.

The company sees full-year adjusted EPS of $12.40 to $12.75, and revenue to be "flat to increase slightly from 2024." The Visible Alpha estimates were for adjusted EPS of $11.47 and revenue down about 0.7%. 

PVH also explained that it planned to enter into $500 million worth of accelerated share repurchase agreements with one or more dealers.

Despite today's gains, shares of PVH are down about 45% over the past 12 months, including 28% lower since the start of 2025.