PVH Corp. Shares Drop Over 25% After Revenue Outlook Cut
PVH Corp. shares plummeted over 25% after the company announced a reduced full-year revenue outlook, despite reporting first-quarter revenue of $2.025 billion that exceeded earnings per share estimates. The Schall Law Firm is investigating potential breaches of fiduciary duty by PVH Corp.'s officers and directors. Separately, multiple law firms are investigating potential securities fraud and breaches of fiduciary duty concerning Stellantis N.V., Manhattan Associates, Inc., Five9, Inc., and Sportradar Group AG, with investors encouraged to contact these firms to potentially lead class action lawsuits or for no-cost consultations.