Earnings Results, Financial Outlook, and Technical Updates - Analyst Notes on PVH, lululemon, VF, Quiksilver and Vince

NEW YORK, June 11, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding PVH Corp. (NYSE: PVH), lululemon athletica inc. (NASDAQ: LULU), V.F. Corporation (NYSE: VFC), Quiksilver Inc. (NYSE: ZQK) and Vince Holding Corp (NYSE: VNCE). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3586-100free.

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PVH Corp. Analyst Notes
On June 4, 2014, PVH Corp. (PVH) reported its Q1 FY 2014 financial results (period ended May 4, 2014) with revenues of $2.0 billion, up 2.8% YoY. Net income was $35.3 million or $0.42 per diluted share compared to a net loss of $10.3 million or $0.13 per diluted share in Q1 FY 2013. Non-GAAP EPS was $1.47 versus $1.91 in Q1 FY 2013. Emanuel Chirico, Chairman and CEO, said, "We are pleased with our first quarter results, which were in line with our expectations, despite the unseasonably cool weather in North America and the volatility experienced in the global retail environment in the first quarter." For full year 2014, the Company expects revenue to be $8.5 billion, up 5% YoY and non-GAAP EPS to be in a range of $7.30 to $7.40 as compared to $7.03 in 2013. The full analyst notes on PVH are available to download free of charge at:

http://www.analystsreview.com/Jun-11-2014/PVH/report.pdf

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lululemon athletica inc. Analyst Notes
On June 6, 2014, lululemon athletica inc.'s (lululemon) stock increased 3.62% to end the day at $44.42. The Company's stock gained 2.66% over the past three trading days compared to the Nasdaq Composite which rose 2.06% during the same trading period. The full analyst notes on lululemon are available to download free of charge at:

http://www.analystsreview.com/Jun-11-2014/LULU/report.pdf

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V.F. Corporation Analyst Notes
On June 6, 2014, V.F. Corp. (VF) stock declined slightly at 0.95% to end the day at $63.37. The Company's stock increased 0.56% over the past five trading days compared to the Dow Jones Industrial Average which rose 1.24% and to Standard & Poor's 500 which rose 1.34% over the same trading period. The full analyst notes on VF are available to download free of charge at:

http://www.analystsreview.com/Jun-11-2014/VFC/report.pdf

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Quiksilver Inc. Analyst Notes
On June 2, 2014, Quiksilver, Inc. (Quiksilver) announced its Q2 FY 2014 financial results (period ended April 30, 2014). Total net revenues were $408.2 million, down 10.4% YoY. Net loss from continuing operations attributable to Quiksilver totaled $46 million, or $0.27 per share compared with $33 million, or $0.20 per share in Q2 FY 2013. Pro-forma Adjusted EBITDA stood at $12.2 million versus $18.1 million in Q2 FY 2013. Andy Mooney, President and CEO of Quiksilver, Inc. commented, "During the second quarter, we again reduced our expense structure, increased sales in our direct to consumer channels and emerging markets, and drove improvements in gross margins. These improvements were offset by decreased net revenues in our wholesale channel, especially in the developed markets in North America and Europe." The Company now anticipates FY 2014, pro-forma adjusted EBITDA to be below the pro-forma adjusted EBITDA of $118 million achieved in FY 2013. The full analyst notes on Quiksilver are available to download free of charge at:

http://www.analystsreview.com/Jun-11-2014/ZQK/report.pdf

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Vince Holding Corp Analyst Notes
On June 5, 2014, Vince Holding Corp (Vince) reported Q1 FY 2014 financial results (period ended May 3, 2014) with net sales of $53.5 million, up 32.4% YoY. Net income totaled $1.4 million or $0.04 per diluted share versus net loss of $15.1 million or $0.58 per diluted share in Q1 FY 2013. Jill Granoff, Chairman and CEO, commented, "It was another terrific quarter for the Vince brand as we again delivered double-digit growth across all distribution channels. In our wholesale segment, sales increased nearly 29% driven by strong performance in both women's ready-to-wear and men's sportswear. In our direct-to-consumer segment, sales increased over 41% driven by 11.1% comparable store sales growth, six net new stores and continued strong momentum in our ecommerce business which benefited from our website re-launch in February." For FY 2014, the Company expects total net sales of $325 million-$340 million and diluted EPS of $0.88-$0.92. The full analyst notes on Vince are available to download free of charge at:

http://www.analystsreview.com/Jun-11-2014/VNCE/report.pdf

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EDITOR'S NOTES:
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