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PVH: Fiscal Q2 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — PVH Corp. (PVH) on Wednesday reported a loss of $102.9 million in its fiscal second quarter.

The New York-based company said it had a loss of $2.23 per share. Earnings, adjusted for non-recurring costs, came to $3.70 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $3.08 per share.

The owner of the Calvin Klein and Tommy Hilfiger brands posted revenue of $2.1 billion in the period.

PVH expects full-year earnings in the range of $11.80 to $12.10 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PVH at https://www.zacks.com/ap/PVH

Trump promises to campaign for Republicans and says they have a winning midterm message

WASHINGTON (AP) — President Donald Trump on Wednesday urged Republican lawmakers facing tough reelection campaigns to run on his record in the White House despite his sagging popularity, and he pledged to campaign in all of the roughly three dozen contests that are likely to determine control of Congress. Voters' dim views of the economy and the war in Iran have put Republicans in a tough spot as the midterm election season enters its final stretch. But during a dinner in the Rose Garden, one of the spaces he has controversially renovated since returning to office last year, the president told his party's most vulnerable lawmakers that they had a triumphant story to tell voters. “All you have to do is talk about it, and you’re going to win and you’re going to win big,” Trump said a week before the party gathers in Dallas for an unusual midterm convention. The audience of Republican lawmakers listened quietly to Trump through his speech, occasionally offering applause as many sipped on cocktails ahead of their dinner. Menus checkered in yellow gingham called it an “end of summer BBQ" featuring cheeseburgers.
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