PVH Corp Tanks After Q3 Report

PVH Corp PVH shares are trading lower by $8.10 at $85.19 in Thursday's session. Despite a Q3 beat of $0.19 on inline revenues and reaffirmed FY 2015 guidance, the issue is being pounded in today's session. After a lower open, it managed an $0.18 bounce to $92.47 before sellers engulfed the issue. The ensuing decline has the issue approaching its three-year low made on Wednesday at $84.05, so far only reaching $84.50 and rebounding back over $85.