PVH (PVH) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Sep 01, 2026

After Close (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

2.99

Last Year’s EPS

2.52

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 10 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:Jun 03, 2026|

% Change Since:

Earnings Call Sentiment|Neutral

The call presented a mixed picture: solid execution on the PVH+ plan with clear D2C and e-commerce momentum, stable gross margins despite tariff headwinds, inventory improvement and brand/campaign wins. However, material near-term headwinds from the prolonged Middle East conflict are forcing a reduced EMEA outlook, weakening wholesale demand and creating SG&A deleverage in the near term. Tariff refunds materially help the margin profile and management has reaffirmed operating margin and EPS targets, but revenue guidance was moderated and Q2 is expected to be the most impacted period. Overall, positives around underlying brand and D2C momentum are balanced by meaningful macro and channel pressures.

Company Guidance

PVH updated 2026 guidance, now forecasting full‑year revenue approximately flat (constant currency down slightly) with an operating margin of ~8.8% and EPS of $11.80–$12.10; full‑year gross margin is expected up ~100 basis points (including an approx. $100M / ~100 bps benefit from tariff refunds to be recognized in Q2) while maintaining a blended tariff rate assumption of ~15% (≈$195M gross tariff cost, ~215 bps headwind pre‑refund). For Q2 the company guides revenue down 3–4% reported (down 4–5% CC), EPS $3.00–$3.10, gross margin up ~470 bps YoY (driven by the tariff refund) and SG&A as a percent of revenue up >300 bps (including ~100 bps higher marketing); full‑year SG&A is expected to be up ~100 bps and marketing to increase at least 50 bps to ~6% of sales. Below the line, interest expense is now expected at ~ $75M for the year (~$18M in Q2), tax guidance unchanged, capex ~ $250M and at least $300M of share repurchases planned. (For context, Q1 results underpinning the outlook included $2.0B revenue (+2% reported, -2% CC), 6.5% operating margin, EPS $2.01, 58.6% gross margin and inventory down 5% YoY.)

Met Guidance and EPS Beat

Delivered on guidance across key metrics for Q1 and reported EPS of $2.01, above plan. Reaffirmed full-year EPS range of $11.80 to $12.10 and maintained operating margin outlook (~8.8% full year). Q1 operating margin was 6.5% (top end of non-GAAP guidance).

Revenue and Channel Growth

Total Q1 revenue was $2.0B, up 2% reported and down 2% in constant currency. Direct-to-consumer (D2C) revenue grew (+6% reported, +3% constant currency) and e-commerce sales increased +11% reported (+6% constant currency). APAC revenue up ~6% constant currency (10% reported) with D2C up double digits in the region; Americas D2C grew low single digits.

Margin and Profitability Resilience

Gross margin was 58.6%, unchanged year-over-year despite significant tariff headwinds. Q1 EBIT was $131M. EPS outperformance was aided by lower tax and interest expense. Company reaffirmed full-year operating margin target and expects gross margin to be up ~100 bps year-over-year (including tariff refund benefit).

Inventory and Supply Chain Improvements

Inventory at quarter end was down 5% versus prior year. Management cited better availability, improved on-time deliveries, healthier inventory productivity and go-to-market margins on plan for both brands.

Brand and Category Momentum

Momentum across key categories and consumer segments: Calvin Klein D2C underwear grew mid-single digits and denim grew double digits; Tommy Hilfiger D2C sweaters and outerwear grew double digits. Successful collaborations and activations: John Cook x Calvin Klein saw 99% sell-through on Tmall and pop-up sell-outs; Travis Kelce announced as Tommy global ambassador, driving significant earned media.

Tariff Refunds and Capital Priorities

Outlook includes an expected ~$100M tariff refund benefit to EBIT (to be recognized in Q2, ~100 bps benefit to full-year operating margin). Company still assumes gross tariff cost of approximately $195M (blended rate ~15%). Capital plan: ~ $250M capex and at least $300M of share repurchases for the year remain intact.

PVH (PVH) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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PVH Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Sep 01, 2026	2026 (Q2)	2.99 / -	2.52	―	―	―
Jun 03, 2026	2026 (Q1)	1.82 / 2.01	2.3	-12.61% (-0.29)	―
Mar 31, 2026	2025 (Q4)	3.31 / 3.82	3.27	16.82% (+0.55)	―
Dec 03, 2025	2025 (Q3)	2.54 / 2.83	3.03	-6.60% (-0.20)	―
Aug 26, 2025	2025 (Q2)	2.00 / 2.52	3.01	-16.28% (-0.49)	―
Jun 04, 2025	2025 (Q1)	2.26 / 2.30	2.45	-6.12% (-0.15)	―
Mar 31, 2025	2024 (Q4)	3.21 / 3.27	3.72	-12.10% (-0.45)	―
Dec 04, 2024	2024 (Q3)	2.62 / 3.03	2.9	4.48% (+0.13)	―
Aug 27, 2024	2024 (Q2)	2.29 / 3.01	1.98	52.02% (+1.03)	―
Jun 04, 2024	2024 (Q1)	2.17 / 2.45	2.25	8.89% (+0.20)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PVH Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jun 03, 2026	$98.00	$78.16	-20.24%
Mar 31, 2026	$69.73	$76.53	+9.75%
Dec 03, 2025	$87.47	$77.09	-11.87%
Aug 26, 2025	$82.34	$81.58	-0.92%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.