Phillips - Van Heusen beats, but Tommy weighs in Q2

摘要

Phillips-Van Heusen Corp beat Wall Street estimates in its first quarter, but a second quarter profit forecast lighten than some analysts anticipated sent its shares down nearly 4% in after hours trading.rnAnalysts had been expecting a bigger boost from Tommy Hilfiger, the preppy apparel brand recently accuired by the company cited weaker seasonal business trends in that unit for the second quarter. A higher projected share count also was expected to dilute earnings further.