secwatch.observer — SEC 8-K summary
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Issuer:     PVH CORP. /DE/ (PVH)
CIK:        0000078239
Form:       8-K
Filed at:   2025-12-03T23:59:59+00:00
Accession:  0000078239-25-000084
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PVH beats Q3 expectations; narrows full-year revenue and EPS outlook to high end
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- Q3 revenue $2.294B (+2% reported, -0.6% constant currency); non-GAAP EPS $2.83 beat guidance of $2.35-$2.50 (prior year $3.03).
- GAAP EPS $0.09, includes $22M restructuring costs; gross margin fell to 56.3% from 58.4% on tariffs, promotions, product delays.
- Full-year non-GAAP EPS guidance narrowed to $10.85-$11.00 (prev $10.75-$11.00); revenue outlook narrowed to up low single-digits.
- Tariff impact: unmitigated $1.05 per share full-year (improved from ~$1.15); Q3 tariff net negative $0.37 per share.
- Repurchased 7.7M shares YTD for $561M; APAC DTC growth with China improvement; disciplined cost management.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/78239/000007823925000084/0000078239-25-000084-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/78239/000007823925000084/pvh-20251203.htm
  HTML page:      https://secwatch.observer/filing/0000078239-25-000084

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