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26.08.25 - 22:24
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PVH Corp. Reports 2025 Second Quarter Reported Revenue and Earnings Above Guidance and Reaffirms Full Year Non-GAAP Earnings Outlook (Business Wire)
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Second quarter
Revenue: Increased 4% to $2.167 billion compared to the prior year period and exceeded guidance of a low single digit increase. Increased 1% on a constant currency basis in line with guidance of flat to increase slightly on a constant currency basis.
EPS:
GAAP basis: $4.63. Results include $45 million of pre-tax restructuring costs and other tax related impacts, which have been excluded from the Company's results on a non-GAAP basis.
Non-GAAP basis: $2.52 exceeded guidance of $1.85 to $2.00.
Full year outlook
Revenue: Raising outlook to increase slightly to up low single-digits compared to flat to increase slightly previously. Reaffirms outlook of flat to increase slightly on a constant currency basis.
Operating margin: Reaffirms outlook of approximately 8.5% on a non-GAAP basis inclusive of the impact of recently announced increases in tariffs compared to prior guidance.
EPS: Reaffirms outlook of a range of $10.75 to $11.00 on a non-GAAP basis. Outlook includes:
an estimated net negative ...
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