secwatch.observer — SEC 8-K summary
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Issuer:     PVH CORP. /DE/ (PVH)
CIK:        0000078239
Form:       8-K
Filed at:   2026-06-03T20:17:50+00:00
Accession:  0000078239-26-000034
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PVH beats Q1 non-GAAP EPS at $2.01, lowers full-year revenue to flat on Middle East headwinds
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- Q1 revenue $2.025B (+2% reported, -2% constant currency); non-GAAP EPS $2.01 vs guidance $1.65-$1.80.
- Full-year revenue guidance lowered to approximately flat (previously slight increase); non-GAAP op margin reaffirmed at 8.8%.
- Full-year includes estimated $100M tariff refund (Q2) to offset prolonged Middle East conflict impact on EMEA.
- Direct-to-consumer revenue +6% reported (+3% constant currency); inventory -5% to $1.51B.
- Q2 guidance: revenue -3% to -4%, non-GAAP EPS $3.00-$3.10; at least $300M share repurchase expected in FY26.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/78239/000007823926000034/0000078239-26-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/78239/000007823926000034/pvh-20260603.htm
  HTML page:      https://secwatch.observer/filing/0000078239-26-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer