PVH — Aug 26, 2025 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000078239-25-000066
Showing in the filing
EPS - tariff impact
“an unmitigated impact of approximately $1.15 per share compared to approximately $1.05 previously”
Period
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
◦ Operating margin: Reaffirms outlook of approximately 8.5% on a non-GAAP basis inclusive of the impact of recently announced increases in tariffs compared to prior guidance. ◦ EPS: Reaffirms outlook of a range of $10.75 to $11.00 on a non-GAAP basis. Outlook 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 $1.15 per share compared to approximately $1.05 previously and a partially offsetting impact of planned mitigation actions ▪ an estimated positive impact of approximately $ 0.45 per share related to foreign currency translation compared to approximately $0.10 previously New York - August 26, 2025 - PVH Corp. [NYSE: PVH] today reported its 2025 second quarter results and 2025 outlook. Stefan Larsson, Chief Executive Officer, commented, “In the second quarter, through our disciplined execution of our PVH+ Plan, we continued to lean further into Calvin Klein and Tommy Hilfiger’s iconic brand strength and we grew revenue 4% with better-than-expected non-GAAP EBIT margins. For both brands, our stepped-up actions during the quarter to strengthen our brand-building flywheel across product, marketing and marketplace execution gained traction. Calvin Klein showed continued growth in underwear and fashion denim which was driven by the biggest product innovation so far, amplified by mega talent like Bad Bunny. Tommy Hilfiger’s summer season was successfully amplified by the strong campaign around the summer’s biggest blockbuster film: F1® The Movie , and the partnership with the US SailGP racing team.” Larsson continued, “Looking ahead, coming into
later in the release …
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other guidance in this release
Text is the filed exhibit, verbatim.