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Why PVH Stock Was Falling This Week

Jeremy Bowman, The Motley Fool
·2-min read
Why PVH Stock Was Falling This Week

Shares of PVH (NYSE: PVH) were moving lower this week after the parent of apparel brands including Calvin Klein and Tommy Hilfiger offered disappointing guidance in its first-quarter earnings report. According to data from S&P Global Market Intelligence, the stock was down 12.9% for the week as of Thursday at 12:36 p.m. ET. Growth in the Asia-Pacific region was particularly strong, with revenue in constant-currency terms up 44% in China thanks to the end of COVID-19 restrictions.

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