PVH (NYSE:PVH) Issues FY 2026 Earnings Guidance

Key Points

• PVH reaffirmed FY 2026 EPS guidance of $11.80–$12.10, broadly matching the $11.92 analyst consensus, while setting Q3 EPS guidance at $2.50–$2.65—well below the $3.17 consensus.
• Second-quarter adjusted EPS was $3.70, beating expectations of $3.08, but revenue fell 3.2% year over year and the company posted a $102.9 million GAAP loss, partly due to a $439 million goodwill impairment charge.
• PVH plans to repurchase at least $300 million of stock in FY 2026 and declared a quarterly dividend of $0.0375; shares traded near $72.44, while analysts maintained a consensus “Hold” rating with an $86.82 average price target.

PVH (NYSE:PVH - Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 11.800-12.100 for the period, compared to the consensus earnings per share estimate of 11.920. The company issued revenue guidance of -. PVH also updated its Q3 2026 guidance to 2.500-2.650 EPS.

PVH Price Performance

NYSE PVH traded down $0.43 on Wednesday, reaching $72.44. The company's stock had a trading volume of 1,523,718 shares, compared to its average volume of 1,069,243. PVH has a twelve month low of $59.60 and a twelve month high of $100.75. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.93 and a current ratio of 1.68. The firm's 50 day moving average is $79.47 and its two-hundred day moving average is $79.10. The stock has a market cap of $3.34 billion, a PE ratio of 22.93, a PEG ratio of 1.09 and a beta of 1.72.

PVH (NYSE:PVH - Get Free Report) last announced its quarterly earnings data on Wednesday, September 2nd. The textile maker reported $3.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.08 by $0.62. PVH had a net margin of 1.76% and a return on equity of 10.87%. The company had revenue of $2.10 billion for the quarter, compared to analysts' expectations of $2.09 billion. During the same quarter in the previous year, the company posted $2.52 EPS. The business's revenue was down 3.2% compared to the same quarter last year. PVH has set its Q3 2026 guidance at 2.500-2.650 EPS and its FY 2026 guidance at 11.800-12.100 EPS. As a group, sell-side analysts predict that PVH will post 12.01 EPS for the current year.

PVH Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 2nd will be given a $0.0375 dividend. The ex-dividend date is Wednesday, September 2nd. This represents a $0.15 annualized dividend and a yield of 0.2%. PVH's payout ratio is 4.75%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on PVH. Evercore set a $79.00 price objective on PVH and gave the company an "in-line" rating in a research report on Thursday, June 4th. Wells Fargo & Company cut their target price on PVH from $85.00 to $78.00 and set an "equal weight" rating on the stock in a research report on Friday, June 5th. Zacks Research lowered PVH from a "hold" rating to a "strong sell" rating in a research report on Tuesday, August 4th. JPMorgan Chase & Co. reissued an "underweight" rating and issued a $84.00 price target (up from $70.00) on shares of PVH in a research note on Tuesday, August 4th. Finally, The Goldman Sachs Group cut their price objective on PVH from $93.00 to $87.00 and set a "buy" rating on the stock in a report on Friday, June 5th. Six investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $86.82.

More PVH News

Here are the key news stories impacting PVH this week:

• Positive Sentiment: PVH reported second-quarter adjusted EPS of $3.70, well above the $3.08 consensus estimate and up from $2.52 a year earlier. Revenue of $2.097 billion was approximately in line with expectations. PVH Beats Q2 Earnings Estimates
• Positive Sentiment: Management reaffirmed its full-year 2026 non-GAAP outlook and expects to repurchase at least $300 million of stock during the year, potentially supporting shareholder returns. Digital commerce revenue increased 4%, while direct-to-consumer trends improved in the Americas and Asia-Pacific. PVH Reports 2026 Second Quarter Results
• Neutral Sentiment: Full-year EPS guidance remains $11.80–$12.10, broadly consistent with the $11.92 analyst consensus. Gross margin improved to 63.0%, helped substantially by tariff refunds, making the sustainability of the improvement an important investor focus. PVH Reports Second-Quarter Revenue and GAAP Loss
• Negative Sentiment: Third-quarter EPS guidance of $2.50–$2.65 is materially below the $3.17 consensus estimate, raising concerns about near-term earnings momentum.
• Negative Sentiment: Reported revenue declined 3.2% year over year, while PVH posted a $102.9 million GAAP net loss versus a $224.2 million profit a year earlier. Results included a $439 million noncash goodwill impairment charge, and the prior-period comparison benefited from $107 million in tariff refunds. PVH Second-Quarter Revenue Falls

Institutional Trading of PVH

Hedge funds and other institutional investors have recently modified their holdings of the business. Danske Bank A S acquired a new stake in shares of PVH during the 3rd quarter valued at about $25,000. Global Retirement Partners LLC increased its holdings in PVH by 513.9% in the fourth quarter. Global Retirement Partners LLC now owns 442 shares of the textile maker's stock worth $30,000 after buying an additional 370 shares during the last quarter. Meeder Asset Management Inc. bought a new position in PVH during the fourth quarter valued at approximately $48,000. Quarry LP bought a new position in PVH during the third quarter valued at approximately $58,000. Finally, Larson Financial Group LLC lifted its stake in PVH by 70,300.0% in the third quarter. Larson Financial Group LLC now owns 704 shares of the textile maker's stock valued at $59,000 after acquiring an additional 703 shares during the last quarter. Institutional investors and hedge funds own 97.25% of the company's stock.

About PVH

PVH Corp is a leading global apparel company known for its portfolio of iconic brands in the dress shirt, sportswear and lifestyle categories. The company designs, markets and distributes clothing, accessories and fragrances under both owned and licensed brands. PVH's core brand holdings include Calvin Klein and Tommy Hilfiger, complemented by a range of heritage labels such as Van Heusen, IZOD, ARROW, Warner's and Olga.

PVH's operations span the entire value chain from product design and development to manufacturing, marketing and distribution.

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