HighGravityDataPVH — Aug 26, 2025 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000078239-25-000066
Showing in the filing
Revenue
“flat to increase slightly compared to the third quarter of 2024 (decrease slightly on a constant currency basis)”
Period
Q3 FY2025
Measure
GAAP-tied
Source
Prose
All guidance in this release · 18
Operating margin for FY2025
“approximately 8.5% on a non-GAAP basis”
EPS for FY2025
“a range of $10.75 to $11.00 on a non-GAAP basis”
EPS - tariff impact for FY2025
“an unmitigated impact of approximately $1.15 per share compared to approximately $1.05 previously”
Stock repurchases for FY2025
“currently does not expect to make during the remainder of 2025, any payments to repurchase its common stock”
Revenue (constant currency) for FY2025
“Reaffirming outlook of flat to increase slightly on a constant currency basis”
Operating margin (non-GAAP basis) for FY2025
“approximately 8.5%”
EPS, Non-GAAP basis for FY2025
“$10.75 to $11.00”
EPS foreign currency translation impact for FY2025
“the estimated positive impact of approximately $0.45 per share related to foreign currency translation compared to approximately $0.10 previously”
Interest expense for FY2025
“approximately $80 million compared to $67 million in 2024”
Effective tax rate (non-GAAP basis) for FY2025
“approximately 22%”
Revenue for Q3 FY2025
“flat to increase slightly compared to the third quarter of 2024 (decrease slightly on a constant currency basis)”
Revenue (constant currency) for Q3 FY2025
“decrease slightly on a constant currency basis”
EPS for Q3 FY2025
“Projected to be in a range of $2.35 to $2.50 on a non-GAAP basis”
EPS, Non-GAAP basis for Q3 FY2025
“$2.35 to $2.50”
EPS - tariff impact for Q3 FY2025
“an unmitigated impact of approximately $0.25 per share”
EPS - foreign currency translation impact for Q3 FY2025
“the estimated positive impact of approximately $0.10 per share related to foreign currency translation”
Interest expense for Q3 FY2025
“approximately $22 million compared to $16 million in the third quarter of 2024”
Effective tax rate (non-GAAP basis) for Q3 FY2025
“approximately 25%”
Exhibit 99.1 · the passage around this item
… earlier in the release
• Interest expense is projected to increase to approximately $80 million compared to $67 million in 2024, primarily due to the impact of funding the accelerated share repurchase agreements discussed above. Previous guidance was approximately $85 million. • Effective tax rate is projected to be approximately 22% on a non-GAAP basis. Third Quarter 2025 Guidance • Revenue: Projected to be flat to increase slightly compared to the third quarter of 2024 (decrease slightly on a constant currency basis). • EPS: Projected to be in a range of $2.35 to $2.50 on a non-GAAP basis compared to $2.34 on a GAAP basis and $3.03 on a non-GAAP basis in the third quarter of 2024. The third quarter 2025 EPS projection includes: ◦ 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 $0.25 per share and a partially offsetting impact of planned mitigation actions ◦ the estimated positive impact of approximately $0.10 per share related to foreign currency translation EPS on a GAAP basis for the third 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 third quarter of 2024 excluded these amounts. • Interest expense is projected to increase to approximately $22 million compared to $16 million in the third 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 25% on a non-GAAP basis. The Company is unable to project full year 2025 operating margin and full year and third quarter 2025 EPS and effe
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.