People walk past the Calvin Klein store at the Woodbury Common Premium Outlets Mall on October 21, 2017 in Central Valley, NY.— Five Below shares rallied after the close of the regular session Wednesday evening after it said sales accelerated in the second quarter as it reopened stores. Its reopening efforts helped the company post a profit of 53 cents per share versus the 14 cents of income per share expected by FactSet estimates. Sales increased to $426.1 million from $417.
It also raised its outlook for the January 2021 fiscal year and sees sales of $809.1 million to $826.7 million, up from a prior range.— The parent of Tommy Hilfiger and Calvin Klein rallied 3% in after-hours trading after the company reported second-quarter adjusted earnings per share well ahead of what Wall Street analysts expected. Excluding one-time items, PVH reported EPS of 13 cents versus the per-share loss of $2.43 expected.
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