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Calvin Klein owner PVH raises profit forecast


(Reuters) - Apparel maker Corp on Thursday raised it fourth-quarter and full-year adjusted profit outlook, citing better performance across its businesses.

The company now expects its full-year adjusted profit to be at least $9.50 per share, compared with its previous forecast of $9.33 to $9.35.

The Calvin-Klein owner said it expects adjusted profit to be at least $1.75 per share in the fourth quarter, 15 cents above the high end of its prior guidance range.

also said it was relaunching its 205W39NYC under a new name.

(Reporting by Soundarya J in Bengaluru; Editing by Maju Samuel)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, January 11 2019. 03:26 IST