Cramer: Good Looking Earnings from PVH

(Click for video linked to a searchable transcript of this Mad Money segment)

Never count out Manny Chirico, said Cramer. If anyone knows how to execute, it's Chirico, the CEO of PVH Corp.

As the company behind Calvin Klein, Tommy Hilfiger, Van Heusen, Izod, Bass, and Arrow - PVH owns a string iconic brands that have become synonyms with style.

Yet Wall Street grew skeptical of this company.

"The last time PVH reported, the company beat the numbers, but because management made some cautious comments about the integration of their recent $2.9 billion Warnaco acquisition, the stock got slammed, falling from $112 to $106—down more than 5% in a single day," Cramer explained.

Tom Merton | OJO Images | Getty Images

Cramer however, remained squarely behind the stock. On Wednesday March 27th he reminded investors that CEO Manny Chirico was particularly adept at just this kind of integration.

"PVH has had a ton of success in the past buying up its licensees and then operating their businesses more efficiently," said Cramer at the time.

As it turned out, Cramer was right.

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While looking at the most recent earnings release Cramer couldn't contain his enthusiasm.

"They shot the lights out," Cramer exclaimed. "PVH earned $1.91 a share when Wall Street was looking for only $1.35, that's a monster beat on revenues. And while management maintained their previous guidance for the full year, at this point I have to wonder if they're simply being very conservative."

Call Cramer: 1-800-743-CNBC

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