For fiscal 2025, PVH expects revenue to be flat to slightly higher compared to 2024 on both a reported and constant currency basis.
China has added PVH to its “Unreliable Entity” list due to its alleged discriminatory measures against Chinese businesses. The title may attract fines and restrictions.
PVH has faced challenges including being blacklisted by China’s Ministry of Commerce over alleged boycotts of Xinjiang cotton products, impacting its operations in the country.
The apparel company's net revenue declined by 1%, attributed to the roughly $45 million of adverse impact it had due to a retail calendar shift.
Wall Street analysts are expecting earnings per share of $0.47 on estimated revenues of $1.3 billion