Diamonds and Dogs


One retailer is doing well. PVH Corp (PVH) the owner of such names as Tommy Hilfiger, Calvin Klein and Heritage Brands is jumping 3% following better than expected earnings. The company easily beat by 22 cents as revenue rose 3.5% to $2.21 billion. Two analysts reaffirmed buy ratings with $99 and $105 price targets.

Higher interest rates hurting boat sales. Recreational boat manufacturer, MasterCraft (MCFT) is down 10% after earnings. Revenues fell 15.5% to $166.6 million. The company lowered quarterly and full year guidance as retail sales slow due in part to higher interest rates. MasterCraft expects sales to remain weak into the new year.

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