Home / Street Sector / Short Call at News Buzzer: PVH Corp. (NYSE:PVH), Guess’ (NYSE:GES), Zoe’s Kitchen (NYSE:ZOES)

Short Call at News Buzzer: PVH Corp. (NYSE:PVH), Guess’ (NYSE:GES), Zoe’s Kitchen (NYSE:ZOES)

PVH Corp. (NYSE:PVH) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -0.67% to $108.82. PVH Corp. (PVH) reported 2016 second quarter results. Revenue in the Calvin Klein business for the quarter increased 12% to $726 million on a GAAP basis compared to the prior year period.

Calvin Klein North America revenue increased 11% to $398 million on a GAAP basis compared to the prior year period primarily driven by continued healthy performance across the North America wholesale businesses. Revenue in the North America retail business grew modestly, as square footage expansion in Company-operated stores was partially offset by a 4% comparable store sales decline driven by continued weakness in traffic and consumer spending trends in Calvin Klein’s U.S. stores located in international tourist locations.

Calvin Klein International revenue increased 13% to $328 million on a GAAP basis compared to the prior year period, including an 11% increase in comparable store sales. The robust performance was driven by growth across Europe and Asia. The share price of PVH attracts active investors, as stock price of week volatility recorded 2.05%. The stock is going forward to its 52-week low with 69.83% and lagging behind from its 52-week high price with -9.66%.

Guess’, Inc. (NYSE:GES) [Trend Analysis] plunged reacts as active mover, shares a loss -6.23% to traded at $14.90 and the percentage gap between open changing to regular change was -2.58%. Guess Inc. (GES) announced that the fiscal second-quarter net income of $32.3 million. On a per-share basis, the Los Angeles-based company said it had profit of 38 cents. Earnings, adjusted for non-recurring gains, came to 14 cents per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share. The clothing company posted revenue of $545 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $554.5 million. The firm’s current ratio calculated as 3.20 for the most recent quarter. The firm past twelve months price to sales ratio was 0.56. As far as the returns are concern, the return on equity was recorded as 5.20% and return on investment was 7.70% while its return on asset stayed at 3.40%. The firm has total debt to equity ratio measured as 0.03.

Zoe’s Kitchen, Inc. (NYSE:ZOES) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -3.99% to close at $29.61 with the total traded volume of 2.35 Million shares. Its price to sales ratio ended at 2.36. ZOES attains analyst recommendation of 2.50 with week performance of -18.65%.


About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

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