PVH (NYSE:PVH) Releases Q3 2026 Earnings Guidance

Key Points

• PVH guided for third-quarter fiscal 2026 EPS of $2.50–$2.65, well below the $3.17 analyst consensus, signaling weaker near-term earnings momentum. Full-year EPS guidance remains $11.80–$12.10.
• In its latest quarter, PVH reported adjusted EPS of $3.70, beating estimates of $3.08, while revenue fell 3.2% year over year to about $2.10 billion. The company also posted a $102.9 million GAAP loss, partly reflecting a $439 million goodwill impairment charge.
• PVH shares fell 0.6% to $72.44, and analysts maintain an overall “Hold” rating with an average price target of $86.82. The company declared a quarterly dividend of $0.0375 per share and plans to repurchase at least $300 million of stock during fiscal 2026.

PVH (NYSE:PVH - Get Free Report) updated its third quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 2.500-2.650 for the period, compared to the consensus earnings per share estimate of 3.170. The company issued revenue guidance of -. PVH also updated its FY 2026 guidance to 11.800-12.100 EPS.

PVH Trading Down 0.6%

PVH stock traded down $0.43 during trading on Wednesday, reaching $72.44. The company had a trading volume of 1,523,718 shares, compared to its average volume of 1,069,243. PVH has a 52 week low of $59.60 and a 52 week high of $100.75. The company has a market cap of $3.34 billion, a P/E ratio of 22.93, a PEG ratio of 1.09 and a beta of 1.72. The business has a 50 day moving average of $79.47 and a 200 day moving average of $79.10. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.68 and a quick ratio of 0.93.

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 for the quarter, topping analysts' consensus estimates of $3.08 by $0.62. PVH had a net margin of 1.76% and a return on equity of 10.87%. The business had revenue of $2.10 billion for the quarter, compared to analysts' expectations of $2.09 billion. During the same quarter in the prior year, the company earned $2.52 earnings per share. 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 forecast that PVH will post 12.01 earnings per share for the current fiscal year.

PVH Dividend Announcement

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

Analyst Ratings Changes

Several equities research analysts recently issued reports on PVH shares. Wall Street Zen lowered shares of PVH from a "buy" rating to a "hold" rating in a report on Saturday, June 6th. BTIG Research reaffirmed a "buy" rating and set a $100.00 price target on shares of PVH in a report on Friday, June 5th. Bank of America reiterated an "underperform" rating and issued a $70.00 price target (down from $90.00) on shares of PVH in a research report on Thursday, June 25th. UBS Group reduced their price objective on shares of PVH from $130.00 to $121.00 and set a "buy" rating for the company in a research note on Friday, June 5th. Finally, Evercore set a $79.00 target price on shares of PVH and gave the company an "in-line" rating in a research note on Thursday, June 4th. Six equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $86.82.

Key Headlines Impacting PVH

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 Investors Weigh In On PVH

Hedge funds have recently bought and sold shares of the business. Danske Bank A S bought a new position in PVH in the third quarter worth approximately $25,000. Global Retirement Partners LLC increased its stake in shares of PVH by 513.9% during the fourth quarter. Global Retirement Partners LLC now owns 442 shares of the textile maker's stock valued at $30,000 after buying an additional 370 shares during the period. Quarry LP bought a new stake in shares of PVH in the third quarter valued at about $58,000. 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 worth $59,000 after acquiring an additional 703 shares during the period. Finally, Meeder Asset Management Inc. bought a new position in PVH during the 4th quarter worth about $48,000. Hedge funds and other institutional investors own 97.25% of the company's stock.

PVH Company Profile

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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