---
schema_version: "secwatch.filing_event.v1"
accession: "0000078239-23-000062"
form_type: "8-K"
ticker: "PVH"
cik: "0000078239"
company_name: "PVH CORP. /DE/"
filed_at: "2023-05-31T23:59:59+00:00"
generated_at: "2026-06-14T10:59:02.869060+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PVH beats Q1 guidance: EPS $2.14 vs. ~$1.90; revenue $2.158B (+5% constant currency)

## Summary
- Q1 revenue $2.158B (+2% reported, +5% constant currency) exceeded guidance of relatively flat; EPS $2.14 beat ~$1.90 guidance.
- Tommy Hilfiger revenue +5% (+8% constant currency); Calvin Klein flat (+3% constant currency); Heritage Brands -12%.
- Gross margin 57.9% vs. 58.4% prior year; inventory up 24% due to early receipts and higher product costs.
- FY 2023 guidance reaffirmed: revenue +3-4% (+2-3% constant currency), operating margin ~10%, EPS ~$10.00.
- Q2 2023 outlook: low single-digit revenue growth, EPS ~$1.70 vs. $2.08 non-GAAP prior year.

## SEC filing metadata
- accession: 0000078239-23-000062
- form_type: 8-K
- ticker: PVH
- cik: 0000078239
- company_name: PVH CORP. /DE/
- filed_at: 2023-05-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/78239/000007823923000062/0000078239-23-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/78239/000007823923000062/pvh-20230531.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000078239-23-000062
- JSON: https://secwatch.observer/filing/0000078239-23-000062.json
- Plain text: https://secwatch.observer/filing/0000078239-23-000062.txt

## Key facts
- Earnings Releases
  PVH CORP. /DE/ reported first quarter 2023 results: revenue $2.158 billion, EPS $2.14. Guidance reaffirmed.
  - Period: first quarter 2023
  - Revenue: $2.158 billion
  - EPS: $2.14
  - Guidance: reaffirmed
  - Result: reported results
  source text: PVH CORP. REPORTS STRONG 2023 FIRST QUARTER RESULTS ABOVE GUIDANCE • First quarter revenue increased 2% to $2.158 billion compared to the prior year period (increased 5% on a constant currency basis) and exceeded guidance of relatively flat to the prior year period (increase approximately 3% on a constant currency basis) • First quarter EPS of $2.14 exceeded guidance of approximately $1.90 • Full year outlook ◦ Revenue: Reaffirms projected increase of 3% to 4% (increase 2% to 3% on a constant currency basis)
  evidence_url: https://www.sec.gov/Archives/edgar/data/78239/000007823923000062/0000078239-23-000062-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.