Phillips-Van Heusen reports 1Q loss
Clothing company Phillips-Van Heusen Corp., whose brands include Calvin Klein and Izod, reported a first-quarter loss on Monday due to costs related to its recent acquisition of Tommy Hilfiger. Excluding these costs, results beat analyst expectations. Company shares fell $2.03, or 3.7%, to $52.25 in after-hours trading. The stock had finished trading up $1.30 at $54.28. For the quarter that ...
2010-05-24 -
Crain's New York Business