Boston, MA 03/26/2014 (wallstreetpr) – PVH Corp (NYSE:PVH) swung into a net loss of $37.5 million in the fourth quarter of 2013 as a result of costs incurred in the acquisition of Warnaco Group. Net loss for the period ending February 2, 2014 was partially offset by an increase in net sales as result of […]
NYSE:PVH
Quiksilver, Inc. (NYSE:ZQK) Receives Downgrades from Moody’s – ZQK, LULU, PVH, UA, WRC
Quiksilver, Inc. (NYSE:ZQK) shares plunge more than 2% after Moody’s Investors Service cut his credit-rating on outlook of its shares to “Stable” from “Positive”, indication to current negative operating trends at the sports outfitter. The ratings firm declared the firm’s gross margins and operating costs increased over the previous three quarters following being pressured by […]