AI Earnings Predictions for PVH Corp. (PVH)

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PVH CORP. REPORTS 2026 SECOND QUARTER RESULTS AND REAFFIRMS FULL YEAR OUTLOOK

•Delivered second quarter revenue of $2.1 billion, at the high end of guidance on a reported basis and exceeding guidance in constant currency

•Drove momentum in direct-to-consumer (DTC) with growth in both Americas and APAC; EMEA performance improved on a constant currency basis compared to the first quarter

•Grew second quarter e-commerce revenues 4% (3% in constant currency), led by Americas and EMEA, with growth across Calvin Klein and Tommy Hilfiger

•Delivered Calvin Klein and Tommy Hilfiger revenues in line with expectations, with consistent year-over-year revenue performance, excluding the impacts of Calvin Klein wholesale shipment timing and the transition in-house of previously-licensed ‘TOMMY HILFIGER’ product categories

•Delivered second quarter non-GAAP operating margin above guidance, reflecting stronger gross margin and higher AUR values in Americas and APAC and continued cost discipline across the business

•Drove DTC growth in multiple hero product categories across both Calvin Klein and Tommy Hilfiger, scaling the impact of stronger product, cut-through campaigns and an improved consumer experience

•Delivered major global campaigns including Jung Kook and soccer star Raphinha for ‘Calvin Klein’ and high-profile partnerships with Liverpool Football Club and the Cadillac Formula 1® Team for ‘TOMMY HILFIGER’

•Reaffirmed full year revenue, operating margin and EPS outlook on a non-GAAP basis

New York - September 2, 2026 - PVH Corp. [NYSE: PVH] today reported its 2026 second quarter results and reaffirmed its 2026 outlook.

Stefan Larsson, Chief Executive Officer, commented, “In the second quarter, we delivered revenue in line with our guidance and profitability exceeding expectations, reflecting our disciplined execution of the PVH+ Plan across our two iconic brands, Calvin Klein and TOMMY HILFIGER. We continued to build momentum in DTC, with growth in both Americas and APAC and improved performance in EMEA compared to last quarter. E-commerce grew across both brands, including strong increases in online traffic. In both brands we are seeing early momentum for the new fall season in product and marketing, with a very positive consumer response to our recently-launched campaigns featuring Tate McRae for Calvin Klein and Travis Kelce for TOMMY HILFIGER.”

Larsson continued, “Looking forward, we are reaffirming our top and bottom line outlook for the full year. We remain intensely focused on executing the PVH+ Plan, further strengthening product, consumer engagement and the marketplace experience. At the same time, we are stepping up our cost actions, and we continue to invest behind strategic priorities and brands, with more exciting campaigns amplified by global mega talent coming later this fall. We are also very pleased to welcome Alexis Rollier as our new Chief Financial Officer. Alexis joins us with deep financial and operational experience, including over 8 years as the global CFO and COO at Sephora, where he had a strong track record of driving disciplined growth with significant profit expansion. I look forward to partnering with him as we continue to build Calvin Klein and TOMMY HILFIGER into their full potential and drive long-term shareholder value.”

Melissa Stone, Interim Chief Financial Officer, said, “For the second quarter, we delivered or exceeded our guidance across all key financial metrics. Revenue across all three regions and licensing was in-line with our expectations and we expanded gross margin year-over-year, excluding tariff refunds. For the full year, we are reaffirming our outlook across revenue, gross margin, operating margin and EPS on a non-GAAP basis. As part of our ongoing PVH+ Plan execution, we remain focused on cost discipline and continue to strengthen our data- and demand-driven operating model, driving efficiency and

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productivity, while continuing high-value, brand-accretive investments, including stepped-up year-over-year marketing in the third quarter, to support the long-term growth of Calvin Klein and TOMMY HILFIGER."

Key Highlights

•Second quarter:

◦Revenue: Decreased 3% to $2.097 billion compared to the prior year period, in line with guidance of a 3% to 4% decrease. Decreased 3% on a constant currency basis and exceeded guidance of a 4% to 5% decrease.

◦Operating margin:

▪GAAP basis: (9.1)%, includes a $439 million pre-tax noncash goodwill impairment charge, which has been excluded from the Company’s results on a non-GAAP basis. Results also include other items that are described under the heading “Non-GAAP Exclusions,” which have been excluded from the Company’s results on a non-GAAP basis.

▪Non-GAAP basis: 11.1%, exceeded guidance of approximately 9.5%.

▪Operating margin on both a GAAP and a non-GAAP basis for the second quarter of 2026 includes an approximately 510 basis point benefit related to the $107 mi

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PVH CORP. REPORTS 2026 FIRST QUARTER RESULTS AND UPDATES FULL YEAR OUTLOOK

•Delivered first quarter revenue of $2.0 billion, exceeding guidance on a reported basis and in line with guidance in constant currency

•Increased direct-to-consumer revenues by 6% (3% in constant currency) with growth in both stores and e-commerce across Calvin Klein and Tommy Hilfiger

•Generated first quarter operating margin at the high end of guidance

•Scaled the impact of continued product innovation, growing full hero product categories of denim and underwear for ‘Calvin Klein’ and sweaters and outerwear for ‘TOMMY HILFIGER’ across both stores and e-commerce

•Delivered enhanced 360-degree Spring marketing campaigns, with a sharper focus on our power consumer segments, attracting new customers across both brands and all three regions

•Elevated the consumer experience across all channels with stepped-up investments in e-commerce, and store and shop-in-shop renovations

•Full year earnings outlook now includes the estimated negative prolonged effects of the Middle East conflict together with the offsetting benefit of tariff refunds; updated full year 2026 revenue now projected to be approximately flat and operating margins unchanged at approximately 8.8% on a non-GAAP basis.

New York - June 3, 2026 - PVH Corp. [NYSE: PVH] today reported its 2026 first quarter results and updated its 2026 outlook.

Stefan Larsson, Chief Executive Officer, commented, “We delivered on our plan and commitments in the first quarter, reflecting our disciplined PVH+ Plan execution and the consumer momentum we are building with our two iconic global brands, Calvin Klein and TOMMY HILFIGER. Importantly, we grew our direct-to-consumer business, with growth in stores and online across both brands. We also grew multiple full hero categories in DTC –– underwear and denim for Calvin and sweaters and outerwear for TOMMY –– as we scale the impact of our stronger product, cut-through campaigns and improved consumer experience. Season by season, we are delivering our long-term growth strategy and expanding our commercial impact.”

Larsson continued, "As we look forward, we are balancing two opposing forces: on one side, the increasing brand and business momentum we are driving in both Calvin and TOMMY, and on the other, the prolonged effects of the Middle East conflict, which is putting pressure on the consumer in EMEA. We are adjusting to the moment, while keeping our long-term approach to fueling our brand and business momentum –– including growing our APAC and Americas businesses overall, fueling new consumer acquisition and e-commerce strength in all regions, and continuing to invest in our effective marketing –– on our journey to build Calvin Klein and TOMMY HILFIGER into their full potential.”

Melissa Stone, Interim Chief Financial Officer, said, “For the first quarter, we delivered our overall plan and exceeded our EPS guidance, reflecting disciplined execution across the business in a highly dynamic operating environment. For the full year, while we continue to expect growth in our Americas and APAC businesses, our EMEA performance is expected to be negatively impacted by the prolonged effects of the Middle East conflict, resulting in our now lowered full year revenue outlook. We are maintaining our overall operating margin guidance, as our earnings outlook now includes the benefit of tariff refunds, enabling us to absorb the prolonged effects of the Middle East conflict while continuing our planned investments. We continue to strengthen our data- and demand-driven operating model, improve inventory productivity, and balance a disciplined approach to managing expenses with continued high-value brand-accretive investments to support the long-term growth of Calvin Klein and TOMMY HILFIGER.”

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Key Highlights

•First quarter:

◦Revenue: Increased 2% to $2.025 billion compared to the prior year period and exceeded guidance of a slight increase. Decreased 2% on a constant currency basis, in line with guidance of a low single-digit decrease.

◦Operating margin:

▪GAAP basis: 6.1%, includes items that are described under the heading “Non-GAAP Exclusions,” which have been excluded from the Company’s results on a non-GAAP basis.

▪Non-GAAP basis: 6.5%, in line with guidance of 6.0% to 6.5%.

◦EPS:

▪GAAP basis: $1.90, includes items that are described under the heading “Non-GAAP Exclusions,” which have been excluded from the Company’s results on a non-GAAP basis.

▪Non-GAAP basis: $2.01 exceeded guidance of $1.65 to $1.80.

◦Inventory: Decreased 5% to $1.510 billion compared to the prior year.

•Full year outlook:

◦Revenue: Projected to be approximately flat compared to a slight increase previously. Projected to decrease slightly on a constant currency basis compared to flat to a slight increase previously.

◦Operating margin: Reaffirms outlook of approximately 8.8% on a non-GAAP basis.

◦EPS: Reaffirms outloo

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PVH CORP. REPORTS 2025 FOURTH QUARTER REVENUE AND EARNINGS ABOVE GUIDANCE; PROVIDES 2026 OUTLOOK

•Delivered strong fourth quarter and finish to the year; fourth quarter revenue exceeded guidance, increasing 6% on a reported basis (flat in constant currency), with full year revenue in line with guidance, up 3% on a reported basis (up slightly in constant currency)

•Generated fourth quarter operating margin of 9.9% on a GAAP basis and 10.0% on a non-GAAP basis including an approximately 170 basis point negative impact of gross tariffs, exceeding guidance of approximately 9%

•Generated full year operating margin of 2.6% on a GAAP basis and 8.8% on a non-GAAP basis including an approximately 80 basis point negative impact of gross tariffs, exceeding guidance of approximately 8.5%

•Leaned into key growth categories across ‘Calvin Klein’ and ‘TOMMY HILFIGER’, through innovation and newness in our hero product franchises, together with cut-through marketing campaigns

•Introduced 2026 full year outlook with revenue projected to increase slightly compared to 2025 and operating margins projected to be stable at approximately 8.8% on a non-GAAP basis, with underlying progress offset by the approximately 215 basis point projected negative impact of gross tariffs

•Expecting DTC growth for both brands and across all regions for 2026

•Targeting at least $300 million stock repurchases in 2026 on top of the $560 million stock repurchases completed in 2025

New York - March 31, 2026 - PVH Corp. [NYSE: PVH] today reported its 2025 fourth quarter and full year results and provided its 2026 outlook.

Stefan Larsson, Chief Executive Officer, commented, “We delivered a strong fourth quarter and finish to the year, driven by the strength of our two iconic global brands, Calvin Klein and TOMMY HILFIGER, and the continued disciplined execution of our PVH+ Plan. In the fourth quarter, we beat our guidance across revenue, operating margin and EPS on a non-GAAP basis. For the full year, in the context of a challenging global macro-economic environment, we returned to modest revenue growth, in line with guidance, and delivered non-GAAP operating margins above guidance. Building on our performance in 2025, we have started 2026 and the important Spring season with positive momentum, and we expect DTC growth in both brands and across all regions for the full year. In Europe, our wholesale order books are positive for Fall 2026; in the Americas, we expect continued growth in e-commerce as we continue to further strengthen our digital position; and in Asia we expect to return to growth for the full year, driven by DTC.”

Larsson continued, “Looking ahead, while the current macro-economic environment remains uncertain, we are continuing to focus on leveraging our increased relevance with the consumer, scaling the impact of our stronger product, and activating cut-through global brand campaigns –– including with mega-talent Jung Kook, Raphinha and Dakota Johnson for Calvin, and major partners Cadillac Formula 1®, Liverpool Football Club and Travis Kelce for TOMMY –– with stepped-up marketplace execution. And the timeless power of Calvin Klein is reflected in the cultural resonance of Love Story, demonstrating the brand’s ability to connect with the zeitgeist across generations of consumers. I want to thank our teams globally for the positive strides we are making on our multi-year journey to build Calvin Klein and TOMMY HILFIGER into their full potential.”

Melissa Stone, Interim Chief Financial Officer, said, “We are pleased with our fourth quarter and full year 2025 results, delivering or exceeding expectations across key financial metrics. For the fourth quarter, we drove significant sequential improvement in our operating margins to 10.0% on a non-GAAP basis. For the full year, we achieved sequential quarter to quarter improvements in our gross margin comparisons through 2025 despite the negative impact of increased tariffs, as we set out to do, and are exiting the year with over 200 basis points of annualized cost savings realized in connection with

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our Growth Driver 5 Actions. Reflecting our conviction in our long-term growth potential and our strong balance sheet, we repurchased over $560 million in stock during 2025. As we look towards 2026, we expect to deliver operating margins consistent with 2025, including modest gross margin expansion, despite the inclusion of a full year of tariffs, and strong expansion on an underlying basis –– underscoring our next level PVH+ Plan execution and the strength of our global iconic brands.”

Key Highlights

•2025 fourth quarter:

◦Revenue: Increased 6% to $2.505 billion compared to the prior year period and exceeded guidance of increase slightly to up low single-digits. Flat on a constant currency basis and exceeded guidance of a slight decrease.

◦EPS:

▪GAAP basis: $(3.46). Results include items that are described under the heading “Non-G