Calvin Klein owner PVH raises profit forecast

(Reuters) - Apparel maker PVH 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.

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

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