PVH Corp. (PVH) Q2 2026 Earnings Results

PVH Corp. Beats on EPS, Stock Down 0.8%

PVH Corp. reported a strong EPS performance, driven by tariff refunds, but faced a revenue decline due to wholesale pressures in Europe. The stock reacted negatively, down 0.8%, likely reflecting concerns over the revenue drop despite the positive EPS surprise. Management's plans for stock repurchase and capital investment indicate a focus on long-term growth amidst current challenges.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$3.70	N/A	+20.13%
Revenue	$2.1 billion	N/A	N/A
Non-GAAP Operating Margin	11.1%	N/A	N/A
Calvin Klein Revenue	$913 million	N/A	N/A
Tommy Hilfiger Revenue	$1.1 billion	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Management expressed cautious optimism about the future, citing the benefits of tariff refunds. They acknowledged challenges in the wholesale segment while highlighting growth in e-commerce.

Management highlighted the impact of tariff refunds on EPS.

They noted a decrease in revenue primarily due to wholesale pressure in Europe.

E-commerce revenue growth was a positive sign for both brands.

PVH Corp. Beats on EPS, Stock Down 0.8%

Key numbers

Management commentary

PVH Corp.

More earnings this week

PVH Corp. Beats on EPS, Stock Down 0.8%

Key numbers

Management commentary