Why PVH Stock Was Climbing This Week

Excluding currency changes, revenue grew in the high-single digit range, which is solid in light of inflation and supply chain headwinds that retailers are struggling with. Looking at each brand's performance, Tommy Hilfiger revenue rose 7% year over year on a constant-currency basis, while Calvin Klein turned in slightly better growth of 9%. The company also blew away analysts' estimates on the bottom line, with earnings per share of $2.60 coming in $0.43 better than the $2.17 expected.