PVH — Dec 4, 2024 release

Operating margin on a non-GAAP basis exclude these amounts. • EPS ◦ GAAP basis: Projected to be in a range of $10.55 to $10.70 compared to $10.76 in 2023. Previous guidance was a range of $11.20 to $11.45. ◦ Non-GAAP basis: Projected to be in a range of $11.55 to $11.70 compared to $10.68 in 2023. Previous guidance was a range of $11.55 to $11.80. The 2024 EPS projections include the estimated negative impact of approximately $0.15 per share related to foreign currency translation. Previous guidance was a negative impact of approximately $0.05. EPS on a GAAP basis for these periods also include the amounts described under the heading “Non-GAAP Exclusions” later in this release. EPS on a non-GAAP basis exclude these amounts. 3 • Interest expense is projected to decrease to approximately $68 million compared to $88 million in 2023, primarily due to the repayment in 2023 of the $100 million 7 3/4% debentures and an increase in interest income. Previous guidance was approximately $70 million. • Effective tax rate is projected to be approximately 15% on a GAAP basis and approximately 16% on a non-GAAP basis. Fourth Quarter 2024 Guidance • Revenue is projected to decrease 6% to 7% compared to the fourth quarter of 2023 (decrease 4% to 5% on a constant currency basis) , inclusive of a reduction of 1% resulting from the sale of the Heritage Brands women's intimates business and a 3% reduction from the 53rd week in 2023 . • EPS ◦ GAAP basis: Projected to be in a range of $2.83 to $