PVH Corp. reports a 21.4% increase in profit for Q2 earnings.

PVH Corp. [PVH] reported a robust profit of $173.9 million for the second quarter of 2024, ending on August 4. This marked an increase from the previous quarter's profit of $143.3 million. The company's performance in this quarter showcases its resilience and strategic management in the current economic landscape.

The company, headquartered in New York, New York, reported to SEC in an 8-K filing $2.80 earnings per share in the quarter, compared to $1.50 in the previous quarter.

PVH Corp., a key player in the apparel industry, reported revenue of $2.074 billion for the latest period. This figure represents a decrease from the previous quarter's revenue of $2.207 billion. The company's performance highlights the ongoing challenges and opportunities within the apparel sector.

In comparison to the same quarter in the previous year, PVH Corp. experienced a decrease in revenue, with $2.074 billion reported in the current quarter compared to $2.207 billion in the corresponding quarter last year. Additionally, the company saw a percentage change in profit for the current quarter, with a 21.4% increase in profit compared to the same quarter of the previous year.