PVH — Dec 3, 2025 release
Fiscal 2026 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000078239-25-000084
Showing in the filing
EPS tariff impact (unmitigated)
“approximately $1.05 per share”
Period
FY2025
Measure
GAAP-tied
Source
Prose
All guidance in this release · 13
Revenue (constant currency basis) for FY2025
“flat to increase slightly”
EPS, Non-GAAP basis for FY2025
“$10.85 to $11.00”
EPS tariff impact (unmitigated) for FY2025
“approximately $1.05 per share”
EPS foreign currency translation impact for FY2025
“approximately $0.45 per share”
Operating margin (non-GAAP basis) for FY2025
“approximately 8.5%”
Net interest expense for FY2025
“approximately $80 million”
Effective tax rate (non-GAAP basis) for Q4 FY2025
“approximately 22%”
Revenue for Q4 FY2025
“increase slightly to up low single-digits compared to the fourth quarter of 2024 (decrease slightly on a constant currency basis)”
Revenue (constant currency basis) for Q4 FY2025
“decrease slightly”
EPS, Non-GAAP basis for Q4 FY2025
“$3.20 to $3.35”
EPS tariff impact (unmitigated) for Q4 FY2025
“approximately $0.60 per share”
EPS foreign currency translation impact for Q4 FY2025
“approximately $0.20 per share”
Net interest expense for Q4 FY2025
“approximately $20 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
◦ EPS: Narrows outlook to a range of $10.85 to $11.00 on a non-GAAP basis compared to $10.75 to $11.00 previously. 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 $1.05 per share compared to approximately $1.15 per share 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 in line with previous guidance New York - December 3, 2025 - PVH Corp. [NYSE: PVH] today reported its 2025 third quarter results and 2025 outlook. Stefan Larsson, Chief Executive Officer, commented, “In the third quarter, we exceeded our guidance across reported revenue, operating margin and EPS, and delivered constant-currency revenue in line with expectations. Through disciplined PVH+ Plan execution, we continued to lean into the iconic brand strength of Calvin Klein and TOMMY HILFIGER , expanding innovation across product and delivering cut-through marketing. Calvin drove growth in key categories like underwear and fashion denim, while Tommy Hilfiger delivered growth in core lifestyle categories, elevating style icons through the Hilfiger Racing Club campaign.” Larsson continued, “In Europe, we saw a tougher backdrop entering the fall, while in the Americas, our digital channels continued to outperform, and in APAC we again exceeded expectations, driven by stro
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.