Tommy Hilfiger parent PVH posts rise in Q2 revenue; raises annual outlook

PVH

26/08/2025 21:38

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Overview

PVH Q2 revenue rises 4% to $2.167 bln, exceeding company's guidance

Non-GAAP EPS of $2.52 beats company guidance of $1.85 to $2.00

Co reaffirms full-year non-GAAP earnings outlook

Outlook

PVH raises full-year revenue outlook to increase slightly to low single-digits

PVH reaffirms full-year non-GAAP EPS outlook of $10.75 to $11.00

Company sees full-year operating margin at approximately 8.5% non-GAAP

Company expects $1.15/share negative impact from U.S. tariffs in 2025

Result Drivers

BRAND STRENGTH - Calvin Klein and Tommy Hilfiger brands drove revenue growth through strategic marketing and product innovation

WHOLESALE SHIFT - Americas revenue boosted by transition of women's product categories in-house and timing shifts in wholesale shipments

PROMOTIONAL IMPACT - Gross margin decline due to increased promotional environment and higher tariffs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$2.17 bln
Q2 Adjusted EPS
$2.52


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the apparel & accessories peer group is "buy"

Wall Street's median 12-month price target for PVH Corp is $82.00, about 0.5% above its August 25 closing price of $81.60

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 6 three months ago

Press Release: ID:nBw6bcDTTa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)