0000078239-12-000041.txt : 20120621 0000078239-12-000041.hdr.sgml : 20120621 20120621073117 ACCESSION NUMBER: 0000078239-12-000041 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120621 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120621 DATE AS OF CHANGE: 20120621 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PVH CORP. /DE/ CENTRAL INDEX KEY: 0000078239 STANDARD INDUSTRIAL CLASSIFICATION: MEN'S & BOYS' FURNISHINGS, WORK CLOTHING, AND ALLIED GARMENTS [2320] IRS NUMBER: 131166910 STATE OF INCORPORATION: DE FISCAL YEAR END: 0130 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07572 FILM NUMBER: 12918448 BUSINESS ADDRESS: STREET 1: 200 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10016 BUSINESS PHONE: 2123813500 MAIL ADDRESS: STREET 1: 200 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10016 FORMER COMPANY: FORMER CONFORMED NAME: PHILLIPS VAN HEUSEN CORP /DE/ DATE OF NAME CHANGE: 19920703 8-K 1 eightkannualmtgaffirmation.htm 8-K RE: ANNUAL MEETING EARNINGS REAFFIRMATION eightkannualmtgaffirmation.htm



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
_____________________________
 
FORM 8-K
 
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of the
 
Securities Exchange Act of 1934



Date of Report (Date of earliest event reported)
June 21, 2012


PVH CORP.
(Exact name of registrant as specified in its charter)


Delaware
001-07572
13-1166910
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
     200 Madison Avenue, New York, New York
10016
(Address of principal executive offices)
(Zip Code)

 
Registrant's telephone number, including area code  (212)-381-3500
 
Not Applicable
(Former name or former address, if changed since last report.)

 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
     (17 CFR 240.14d-2(b))
o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
     (17 CFR 240.13e-4(c))
 


 
 

 


 
ITEM 7.01                      REGULATION FD DISCLOSURE
 
 
On June 21, 2012, PVH Corp. issued a press release reaffirming its second quarter and full year 2012 revenue and earnings guidance previously contained in its first quarter earnings release dated May 23, 2012 and stating that, if current business trends were to continue, it would expect to exceed such second quarter and full year guidance. A copy of this press release is attached as Exhibit 99.1 to this report.
 
 
The information in this Form 8-K and the Exhibit attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, regardless of any general incorporation language in such filing.
 
 

 
ITEM 9.01                      FINANCIAL STATEMENTS AND EXHIBITS
 
(d)  Exhibits.
 

Exhibit
Description
99.1
Press Release, dated June 21, 2012



 
 

 


 
SIGNATURES
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 

 
 
PVH CORP.
 
 
 
 
 
By: /s/ Bruce Goldstein
 
Bruce Goldstein
Senior Vice President and Controller
 
 
 
 
Date: June 21, 2012
 


 
 

 


 
Exhibit Index
 


Exhibit
Description
99.1
Press Release, dated June 21, 2012.


 
 

EX-99.1 CHARTER 2 exhibit991.htm PRESS RELEASE TO 8-K exhibit991.htm
EXHIBIT 99.1
PVH CORP.
200 MADISON AVENUE
NEW YORK, NY 10016


 FOR IMMEDIATE RELEASE:
 June 21, 2012


Contact:   Dana Perlman
      Treasurer and Senior Vice President, Business Development and Investor Relations
      (212) 381-3502
      investorrelations@pvh.com


PVH CORP. REAFFIRMS SECOND QUARTER AND
FULL YEAR 2012 REVENUE AND EARNINGS GUIDANCE

New York, New York – PVH Corp. [NYSE: PVH] is announcing at its annual meeting of stockholders today at 10:00 AM EDT, that it is reaffirming its prior revenue and earnings guidance and also stating that if its current business trends were to continue, it would expect to exceed the prior guidance. The Company’s second quarter and full year 2012 revenue and earnings guidance was contained in its first quarter 2012 earnings release issued on May 23, 2012.

The live webcast of the annual meeting of stockholders (audio-only), as well as the replay, which will be available beginning one hour after the meeting, may be accessed by logging onto www.pvh.com and going to the Webcasts section under the Investors link.

PVH Corp., one of the worlds largest apparel companies, owns and markets the iconic Calvin Klein and Tommy Hilfiger brands worldwide. It is the worlds largest shirt and neckwear company and markets a variety of goods under its own brands, Van Heusen, Calvin Klein, Tommy Hilfiger, IZOD, ARROW, Bass and G.H. Bass & Co., and its licensed brands, including Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, MICHAEL Michael Kors, Sean John, Chaps, Donald J. Trump Signature Collection, JOE Joseph Abboud, DKNY, Ike Behar and John Varvatos.
 
 

**************


 
 

 


 SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Forward-looking statements made during the annual meeting, including, without limitation, statements relating to the Company’s future revenue and earnings, plans, strategies, objectives, expectations and intentions, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy, and some of which might not be anticipated, including, without limitation, the following: (i) the Company’s plans, strategies, objectives, expectations and intentions are subject to change at any time at the discretion of the Company; (ii) in connection with the acquisition of Tommy Hilfiger B.V. and certain affiliated companies, the Company borrowed significant amounts, may be considered to be highly leveraged, and uses a significant portion of its cash flows to service such indebtedness, as a result of which the Company might not have sufficient funds to operate its businesses in the manner it intends or has operated in the past; (iii) the levels of sales of the Company’s apparel, footwear and related products, both to its wholesale customers and in its retail stores, the levels of sales of the Company’s licensees at wholesale and retail, and the extent of discounts and promotional pricing in which the Company and its licensees and other business partners are required to engage, all of which can be affected by weather conditions, changes in the economy, fuel prices, reductions in travel, fashion trends, consolidations, repositionings and bankruptcies in the retail industries, repositionings of brands by the Company’s licensors and other factors; (iv) the Company’s plans and results of operations will be affected by the Company’s ability to manage its growth and inventory; (v) the Company’s operations and results could be affected by quota restrictions and the imposition of safeguard controls (which, among other things, could limit the Company’s ability to produce products in cost-effective countries that have the labor and technical expertise needed), the availability and cost of raw materials, the Company’s ability to adjust timely to changes in trade regulations and the migration and development of manufacturers (which can affect where the Company’s products can best be produced), changes in available factory and shipping capacity, wage and shipping cost escalation, and civil conflict, war or terrorist acts, the threat of any of the foregoing, or political and labor instability in any of the countries where the Company’s or its licensees’ or other business partners’ products are sold, produced or are planned to be sold or produced; (vi) disease epidemics and health related concerns, which could result in closed factories, reduced workforces, scarcity of raw materials and scrutiny or embargoing of goods produced in infected areas, as well as reduced consumer traffic and purchasing, as consumers limit or cease shopping in order to avoid exposure or become ill; (vii) acquisitions and issues arising with acquisitions and proposed transactions, including, without limitation, the ability to integrate an acquired entity into the Company with no substantial adverse affect on the acquired entity’s or the Company’s existing operations, employee relationships, vendor relationships, customer relationships or financial performance; (viii) the failure of the Company’s licensees to market successfully licensed products or to preserve the value of the Company’s brands, or their misuse of the Company’s brands; and (ix) other risks and uncertainties indicated from time to time in the Company’s filings with the Securities and Exchange Commission.
 
The Company’s presentation will include non-GAAP financial measures, as defined under SEC rules. Reconciliations of the measures expected to be discussed are included in the Company’s 2012 first quarter earnings press release, which was released on May 23, 2012, and the Company’s 2011 year-end earnings press release, which was released on March 27, 2012, both of which are available on the Company’s website at http://www.pvh.com/investor_relations_press_releases.aspx. Additional reconciliations for years 2003-2009 are available in the Company’s Current Reports on Form 8-K furnished to the SEC on March 17, 2005, March 26, 2007, March 23, 2009 and March 28, 2011. Each of these reports and the Company’s Current Reports on Form 8-K furnished to the SEC in connection with the May 23, 2012 and the March 27, 2012 press releases are available on the Company’s website at http://www.pvh.com and the SEC’s website at http://www.sec.gov.

Earnings per share and revenue guidance speaks as of June 21, 2012, the date on which it was made. The Company does not undertake any obligation to update publicly any forward-looking statement, including, without limitation, any estimate regarding revenue or earnings, whether as a result of the receipt of new information, future events or otherwise.