PVH: Q1 GAAP earnings per share improve, revenues up 16 percent

First quarter revenue at PVH Corp increased 16 percent or 10 percent on constant currency basis to 2.3 billion dollars. Earnings per share on a GAAP basis were 2.29 dollars compared to 0.89 dollar in the prior year period. Earnings per share on a non-GAAP basis were 2.36 dollars compared to 1.65 dollars in the prior year period. Earnings before interest and taxes on a GAAP basis for the quarter increased to 244 million dollars from 113 million dollars in the prior year period. Earnings before interest and taxes on a non-GAAP basis for the quarter were 251 million dollars compared to 193 million dollars in the prior year period.