SAN FRANCISCO (Reuters) - Apparel makerPhillips-Van Heusen Corp posted an adjusted quarterlyprofit that surpassed analysts' expectations, helped by revenuegains in all three units, including its newly-acquired TommyHilfiger brand.
Shares rose 1.6 percent after hours.
The company had a net loss in the second quarter ended Aug.1 of $54.6 million, or 83 cents per share, compared with ayear-ago net profit of $26.6 million, or 51 cents per share.
Adjusting for the acquisition and integration of TommyHilfiger, the company posted earnings of 72 cents. Analysts, onaverage, had been expecting adjusted earnings of 54 cents pershare, according to Thomson Reuters I/B/E/S.
The Tommy Hilfiger deal, which closed in May, is expectedto double the company's revenue while allowing for globalexpansion. The company also owns the Calvin Klein label andother sportswear brands.
Revenue rose 108 percent to $1.1 billion in the quarter,driven by $532 million from Tommy Hilfiger and an 8 percentincrease in revenue from the company's Calvin Klein andHeritage brands businesses.
The company said it expects third-quarter adjusted earningsper share of between $1.37 and $1.42 on revenue of $1.42billion to $1.44 billion.
Shares rose to $51.31 after closing at $50.50, down 1.2percent, on the New York Stock Exchange. (Reporting by Alexandria Sage; editing by Carol Bishopric)