HighGravityDataPVH — Mar 31, 2025 release
Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000078239-25-000014
Showing in the filing
Non-GAAP revenue change on a constant currency basis
“Flat to (1)%”
Period
Q1 FY2025
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 18
Share repurchases for FY2025
“$500 million”
Operating margin for FY2025
“flat to increase slightly on a non-GAAP basis compared to 10.0% on a non-GAAP basis in 2024”
Operating margin (non-GAAP basis) for FY2025
“flat to increase slightly on a non-GAAP basis compared to 10.0% on a non-GAAP basis in 2024”
EPS for FY2025
“$12.40 to $12.75 on a non-GAAP basis”
North America EBIT margin for the long term
“double-digit EBIT margin”
Share repurchases pursuant to accelerated sh… for FY2025
“$500 million”
Revenue for FY2025
“flat to increase slightly compared to 2024 (flat to increase slightly on a constant currency basis)”
EPS, Non-GAAP basis for FY2025
“$12.40 to $12.75”
Interest expense for FY2025
“approximately $85 million”
Effective tax rate for FY2025
“approximately 22%”
Revenue for Q1 FY2025
“flat to decrease 2% compared to the first quarter of 2024 (flat to decrease 1% on a constant currency basis)”
EPS for Q1 FY2025
“$2.10 to $2.25 on a non-GAAP basis”
EPS, Non-GAAP basis for Q1 FY2025
“$2.10 to $2.25”
Interest expense for Q1 FY2025
“approximately $20 million”
Effective tax rate for Q1 FY2025
“approximately 18%”
GAAP revenue change for Q1 FY2025
“Flat to (2)%”
Impact of foreign exchange for Q1 FY2025
“Flat to (1)%”
Non-GAAP revenue change on a constant curren… for Q1 FY2025
“Flat to (1)%”
Exhibit 99.1 · the passage around this item
… earlier in the release
Full Year and Quarterly Reconciliations of GAAP to Non-GAAP Amounts Reconciliation of 2025 Constant Currency Revenue First Quarter 2025 (Estimated) GAAP revenue change Flat to (2)% Impact of foreign exchange Flat to (1)% Non-GAAP revenue change on a constant currency basis Flat to (1)% Reconciliation of GAAP Diluted Net Income Per Common Share to Diluted Net Income Per Common Share on a Non-GAAP Basis First Quarter 2024 (Actual) (In millions, except per share data) Results Under GAAP Adjustments (1) Non-GAAP Results Net income $ 151.4 $ 8.5 $ 142.9 Total weighted average shares 58.4 58.4 Diluted net income per common share $ 2.59 $ 2.45 (1) Represents the impact on net income in the quarter ended May 5, 2024 from the elimination of (i) the $10 million gain recorded in connection with the Heritage intimates transaction and (ii) a $2 million tax expense associated with the foregoing pre-tax item. 20
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.