HighGravityDataPVH — Sep 2, 2026 release
Fiscal 2027 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000078239-26-000055
Showing in the filing
EPS (non-GAAP)
“$11.80 to $12.10 on a non-GAAP basis”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 18
Operating margin (non-GAAP) for FY2026
“approximately 8.8% on a non-GAAP basis”
EPS (non-GAAP) for FY2026
“$11.80 to $12.10 on a non-GAAP basis”
Stock repurchases for FY2026
“at least $300 million”
Revenue growth (constant currency basis) for FY2026
“decrease slightly on a constant currency basis”
Operating margin (non-GAAP basis) for FY2026
“approximately 8.8% on a non-GAAP basis, flat compared to 8.8% in the prior year”
EPS (non-GAAP basis) for FY2026
“$11.80 to $12.10 on a non-GAAP basis compared to $11.40 on a non-GAAP basis in the prior year”
EPS foreign currency translation impact for FY2026
“approximately $0.40 per share”
Net interest expense for FY2026
“approximately $70 million compared to $79 million in the prior year period”
Effective tax rate (non-GAAP) for FY2026
“in a range of 22% to 23% on a non-GAAP basis”
Effective tax rate (non-GAAP basis) for FY2026
“22% to 23% on a non-GAAP basis compared to 22.2% on a non-GAAP basis in the prior year period”
Operating margin (non-GAAP basis) for Q3 FY2026
“approximately 7.5% on a non-GAAP basis, compared to 8.8% on a non-GAAP basis in the prior year period”
Operating margin (non-GAAP) for Q3 FY2026
“approximately 7.5% on a non-GAAP basis”
EPS (non-GAAP basis) for Q3 FY2026
“$2.50 to $2.65 on a non-GAAP basis compared to $2.83 on a non-GAAP basis in the prior year period”
EPS (non-GAAP) for Q3 FY2026
“$2.50 to $2.65 on a non-GAAP basis”
EPS foreign currency translation impact for Q3 FY2026
“approximately $0.05 per share”
Net interest expense for Q3 FY2026
“approximately $18 million compared to $21 million in the prior year period”
Effective tax rate (non-GAAP basis) for Q3 FY2026
“approximately 22.0% on a non-GAAP basis compared to 25.5% on a non-GAAP basis in the prior year period”
Effective tax rate (non-GAAP) for Q3 FY2026
“approximately 22.0% on a non-GAAP basis”
Exhibit 99.1 · the passage around this item
… earlier in the release
• Full year outlook: ◦ Revenue: Reaffirms outlook of approximately flat (decrease slightly on a constant currency basis). ◦ Operating margin: Reaffirms outlook of approximately 8.8% on a non-GAAP basis. ◦ EPS: Reaffirms outlook of a range of $11.80 to $12.10 on a non-GAAP basis. Non-GAAP Amounts: Amounts stated to be on a non-GAAP basis exclude the items that are defined or described in greater detail near the end of this release under the heading “Non-GAAP Exclusions”. Amounts stated on a constant currency basis also are deemed to be on a non-GAAP basis. Reconciliations of amounts on a GAAP basis to amounts on a non-GAAP basis are presented after the Non-GAAP Exclusions section and identify and quantify all excluded items. Second Quarter Review: • Revenue of $2.097 billion decreased 3% compared to $2.167 billion in the prior year period (decreased 3% on a constant currency basis). Revenue performance for the Company's reportable segments compared to the prior year period was as follows: ◦ EMEA revenue decreased 6% on both a reported and a constant currency basis compared to the prior year period, including the continued soft consumer demand due to the prolonged effects from the conflict in the Middle East and its broader macroeconomic impacts. The decrease in revenue was primarily driven by a decline in the wholesale business. In the DTC business, growth in digital commerce revenue was more than offset by a decrease in stores. ◦ Americas revenue decreas
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.