PVH posts Q1 profit, raises outlook

First quarter revenue at PVH Corp. increased 55 percent to 2.079 billion dollar and increased 46 percent on a constant currency basis compared to the prior year period. Earnings per share on a GAAP basis was 1.38 dollars compared to a loss per share of 15.37 dollars in the prior year period, while earnings per share on a non-GAAP basis were 1.92 dollars compared to a loss per share of 3.03 dollars in the prior year period.