The Company's 2005 EPS guidance does not include the impact of expensing stock options as the SEC has amended the compliance date for SFAS 123R. The Company will implement the provisions of SFAS 123R beginning in fiscal 2006, as now required by the SEC.
The Company webcasts its conference calls to review its earnings releases. The Company's conference call to review its second quarter earnings release is scheduled for Thursday, August 25, 2005 at 11:00 a.m. EST. Please log on to company website.
New York based Phillips-Van Heusen Corporation owns and markets the Calvin Klein brand worldwide. It is the world's largest shirt company and markets a variety of goods under its own brands, Van Heusen, Calvin Klein, IZOD, Arrow, Bassand G.H. Bass & Co, and its licensed brands Geoffrey Beene, Kenneth Cole New York, Kenneth Cole Reaction, BCBG Max Azria, BCBG Attitude, MICHAEL Michael Kors, Sean Jean, Donald J. Trump Signature Collection and Chaps.