U.S. stock futures were lower this morning, with the Dow futures falling by over 100 points on Tuesday.

Shares of PVH Corp. (NYSE:PVH) fell sharply in today’s pre-market trading after the company reported fourth-quarter financial results and issued guidance.

PVH reported quarterly earnings of $3.72 per share which beat the analyst consensus estimate of $3.53 by 5.38% and is a 56.3% increase over earnings of $2.38 per share from the same period last year. Quarterly sales came in at $2.49 billion which beat the analyst consensus estimate of $2.42 billion by 2.89%, according to data from Benzinga Pro.

The company sees fiscal year 2024 earnings of between $10.75 and $11.00 per share, versus the $10.48 estimate. Revenue is projected to decrease between 6% and 7% compared to 2023.

PVH shares tumbled 23.4% to $107.00 in pre-market trading.

Here are some big stocks recording losses in today’s pre-market trading session.

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