HighGravityDataPVH — Jun 4, 2025 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000078239-25-000050
Showing in the filing
EPS, Non-GAAP basis
“$1.85 to $2.00”
Period
Q2 FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 12
Operating margin for FY2025
“approximately 8.5% on a non-GAAP basis”
Operating margin (non-GAAP basis) for FY2025
“approximately 8.5%”
EPS for FY2025
“a range of $10.75 to $11.00 on a non-GAAP basis”
Stock repurchases for FY2025
“currently does not expect to make any additional payments to repurchase its common stock in 2025”
EPS, Non-GAAP basis for FY2025
“$10.75 to $11.00”
Interest expense for FY2025
“approximately $85 million”
Effective tax rate (non-GAAP basis) for FY2025
“approximately 22%”
Revenue for Q2 FY2025
“increase low single digits compared to the second quarter of 2024 (flat to increase slightly on a constant currency basis)”
EPS for Q2 FY2025
“a range of $1.85 to $2.00 on a non-GAAP basis”
EPS, Non-GAAP basis for Q2 FY2025
“$1.85 to $2.00”
Interest expense for Q2 FY2025
“approximately $25 million”
Effective tax rate (non-GAAP basis) for Q2 FY2025
“approximately 20%”
Exhibit 99.1 · the passage around this item
… earlier in the release
• Effective tax rate is projected to be approximately 22% on a non-GAAP basis. Second Quarter 2025 Guidance • Revenue: Projected to increase low single digits compared to the second quarter of 2024 (flat to increase slightly on a constant currency basis). • EPS: Projected to be in a range of $1.85 to $2.00 on a non-GAAP basis compared to $2.80 on a GAAP basis and $3.01 on a non-GAAP basis in the second quarter of 2024. The second quarter 2025 EPS projection includes an estimated negative unmitigated impact related to the tariffs currently in place for goods coming into the U.S. of approximately $0.20 per share. The impact of foreign currency translation on second quarter 2025 EPS is not expected to be material. EPS on a GAAP basis for the second quarter of 2024 included the amounts described under the heading “Non-GAAP Exclusions” later in this release. EPS on a non-GAAP basis for the second quarter of 2024 excluded this amount. • Interest expense is projected to increase to approximately $25 million compared to $19 million in the second quarter of 2024 primarily due to the impact of funding the accelerated share repurchase agreements discussed above. • Effective tax rate is projected to be approximately 20% on a non-GAAP basis. The Company is unable to project full year 2025 operating margin and full year and second quarter 2025 EPS and effective tax rate on a GAAP basis without unreasonable efforts as there are significant uncertainties with respect to the amount and timing of the restructuring costs to be incurred during 2025 in connection with the Growth Driver 5 Actions defined later in th
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.