– Williams-Sonoma reported adjusted quarterly earnings of 87 cents per share, 3 cents above estimates, with the housewares retailer reporting revenue above projections as well. Comparable store sales were up 6.5%, nearly double the 3.3% consensus estimate of analysts surveyed by Refinitiv. The company also raised its full-year guidance.– Box reported a breakeven quarter on an adjusted basis, compared to analyst expectations of a 2 cents per share loss.
– PVH beat estimates by 22 cents with adjusted quarterly earnings of $2.10 per share, with revenue also beating forecasts. However, the company behind clothing brands like Calvin Klein also cut its full-year profit forecast for the second time this year, with results coming under pressure from the U.S.-China trade dispute and unrest in Hong Kong.
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