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Forecast Roundup: TSCO, PVH
Thursday, January 12, 10:23 AM ET

Tractor Supply (NASDAQ:TSCO) issued revised guidance, raising its 2011 earnings forecast to a range of of $2.97 to $2.99 per share, up from $2.85 to $2.89 per share. The company said that sales for its fourth quarter were 20.1% higher to $1.24 billion, while same store sales increased 7.6% versus 13.1 percent in the same period last year.

Shares are edging higher this morning.

PVH (NYSE:PVH) issued 2012 guidance of $5.90 to $6.00 per share. Analysts were expecting $6.00 per share. For the fourth quarter of 2011, the company increased its profit forecast by 5 cents, to a range of $1.08 to $1.10 per share, mainly due to strong performance in the Calvin Klein and Tommy Hilfiger business.

Shares are trading lower this morning.

For MarketNewsVideo.com, I'm Sayoko Murase.

Forecast Roundup: TSCO, PVH picture
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