PVH Corp. (PVH)
The company now
PVH Corp., the parent of Calvin Klein and TOMMY HILFIGER, reported second-quarter 2026 revenue of $2.097 billion on September 2, 2026, down 3 percent from a year earlier 1.
The quarter also carried a $439 million noncash goodwill charge, a one-time write-down of the value of past brand purchases, which turned the loss per share to $2.23 on the company's standard accounting basis 1.
Refunds of $107 million in tariffs paid earlier lifted profit, adding about 510 basis points to operating margin, which was 11.1 percent excluding one-time items 1.
Europe, the Middle East and Africa (EMEA) was the weak region: revenue there fell 6 percent, which the company tied to soft consumer demand from the Middle East conflict 1.
The company reaffirmed its 2026 outlook, including adjusted earnings of $11.80 to $12.10 a share, and for the third quarter it guided to a low single-digit revenue decline 1.
On November 2, 2026, the board appointed Frits Dirk van Paasschen, 65, as a director, saying the step was part of its ongoing board refreshment 3.
The open question is the third quarter: the company guided to adjusted operating margin of about 7.5 percent, below the 8.8 percent of a year earlier 1.
As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.