lacklustre Archives

PVH Q2 earnings rally despite sales declines on lacklustre international market

August 28, 2024 mpsingh No Comments Business declines, earnings, international, lacklustre, Market, PVH, rally, sales

PVH Corp. said on Tuesday revenues decreased 6% to $2.074 billion in the second quarter, hurt by dwindling sales in the U.S. company’s overseas markets, especially in Asia Pacific. Calvin Klein The owner of Calvin Klein and Tommy Hilfiger brands said second-quarter revenues were adversely impacted by a “challenging consumer environment” in Asia Pacific, particularly in China [...]read morePVH Q2 earnings rally despite sales declines on lacklustre international market

Signet says Q4 sales down on lacklustre same store sales, reveals chair succession

Signet Jewelers announced net sales decreased 6.3% to $2.5 billion for the fourth quarter, coinciding with a single-digit decline in full-year sales for fiscal 2024, hindered by plunging same store sales. Zales For the three months ending February 3, the Bermuda-based company said same store sales were down 9.6% to last year. By market, North America sales fell 6.1% [...]read more