The owner of the Calvin Klein and Tommy Hilfiger labels said that fourth-quarter adjusted earnings per share would likely be 82 cents, compared with a previously-issued range of 76 cents to 81 cents per share.
 Customers shop at Tommy Hilfiger, one of Phillips-Van Heusen brands |
Adjusted earnings per share for full-year 2010 is now expected to be $3.95, compared with an earlier range of $3.90 to $3.95 cents per share.
Revenue in the quarter and the full year is expected to remain at $1.37 billion and $4.61 billion, respectively.
Analysts, on average, have been expecting earnings of 82 cents per share in the quarter and $3.95 for the full year, according to Thomson Reuters I/B/E/S.
The company had most recently raised its 2010 profit outlook in early December.
Shares of Phillips-Van Heusen closed up 4.9 percent at $61.79 on the New York Stock Exchange.
(Reporting by Alexandria Sage; Editing by Bernard Orr)