PVH shares fall after downbeat quarterly forecasts

PVH

03/12/2025 22:35

** Shares Tommy Hilfiger and Calvin Klein parent PVH PVH.N down ~2% at $85.75 after the bell on downbeat quarterly forecasts amid macroeconomic and global trade uncertainties

** Co sees Q4 adj. EPS in a range of $3.20 to $3.35, below estimates of $3.61, forecasts revenue to "increase slightly to up low single-digits" vs. estimates of a 3.7% growth — data compiled by LSEG

** However, co narrows annual revenue forecast to "up low single-digits" compared to an "increase slightly to up low single-digits" previously; EPS expected between $10.85 and $11 vs. previous $10.75 to $11 expectation

** Shares of PVH, which also beat Q3 revenue and profit estimates, have fallen 17.2% YTD

 (Reporting by Neil J Kanatt in Bengaluru)

 ((Neil.JKanatt@thomsonreuters.com))