PVH — Jun 4, 2025 release

▪ Non-GAAP basis: $ 2.30 e xceeded guidance of $2.10 to $2.25. • Full year outlook ◦ Revenue: Reaffirms outlook of flat to increase slightly (flat to increase slightly on a constant currency basis) . ◦ Operating margin: Projected to be approximately 8.5% on a non-GAAP basis. Previous outlook was flat to increase slightly on a non-GAAP basis compared to 10.0% on a non-GAAP basis in 2024. Operating margin on a GAAP basis was 8.9% in 2024. ◦ EPS: Projected to be in a range of $10.75 to $11.00 on a non-GAAP basis compared to a range of $12.40 to $12.75 previously . Updated outlook reflects (i) an estimated net negative impact related to the tariffs currently in place for goods coming into the U.S., including an unmitigated impact of approximately $1.05 per share and a partially offsetting impact of planned mitigation actions, and (ii) an estimated positive impact of approximately $0.10 per share related to foreign currency translation. • Company entered into previously announced $500 million accelerated share repurchase (“ASR”) agreements in April 2025, with initial delivery of approximately 4.6 million shares under these agreements during the first quarter of 2025. New York - June 4, 2025 - PVH Corp. [NYSE: PVH] today reported its 2025 first quarter results and updated its 2025 outlook. S tefan Larsson, Chief Executive Officer, commented, “In Q1, we continued to tap into the global consumer love for Calvin Klein and TOMMY HILFIGER ,