World's largest apparel companies Phillips-Van Heusen Corporation reported 2005 third quarter GAAP net income of $40.3 million, or $0.73 per share, which compares with the prior year's third quarter GAAP net income of $26.7 million, or $0.52 per share.
The current quarter's net income per share was $0.03 ahead of the First Call consensus estimate and was an improvement of 40 percent over last year. Third quarter 2004 net income, exclusive of restructuring and other items, was $30.6 million, or $0.59 per share.
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New York based Phillips-Van Heusen Corporation owns and markets the Calvin Klein brand worldwide. It is the world's largest shirt company and markets a variety of goods under its own brands, Van Heusen, Calvin Klein, IZOD, Arrow, Bassand G.H. Bass & Co, and its licensed brands Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, BCBG Max Azria, BCBG Attitude, MICHAEL Michael Kors, Sean Jean, Donald J. Trump Signature Collection and Chaps.
Phillips-Van Heusen Corporation