earnings
confidence high
sentiment positive
materiality 0.65
PVH beats Q2 revenue and EPS guidance; raises FY revenue outlook, reaffirms non-GAAP EPS
PVH CORP. /DE/
2025-Q2 EPS reported
$3.59
revenue$4,150,800,000
- Q2 revenue $2.167B +4% YoY, above guidance; Non-GAAP EPS $2.52 vs guidance $1.85-$2.00.
- FY revenue guidance raised to flat/low-single-digit growth from flat to slightly up; Non-GAAP EPS reaffirmed at $10.75-$11.00.
- Unmitigated tariff impact raised to ~$1.15 per share (from ~$1.05); FX benefit raised to ~$0.45 per share (from ~$0.10).
- Q3 non-GAAP EPS guidance $2.35-$2.50; revenue flat to slightly up.
- Gross margin fell 240bps to 57.7% due to promotions, tariffs, higher freight; inventory up 13%.
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