Parent company of iconic brands like Calvin Klein and Tommy Hilfiger, PVH Corp reported a 4 per cent rise in revenue in Q2, FY25. The company’s growth was driven by robust performance in the Americas, which registered a 11 per cent rise in revenue. This growth was supported by strong results in both its direct-to-consumer and wholesale channels.
The company's non-GAAP earnings per share (EPS) reached $2.52, significantly surpassing the expected range of $1.85 to $2.00. While PVH faced challenges such as rising tariffs and a promotional retail environment that squeezed gross margins, the company maintained profitability through disciplined cost management and strategic investments.
Looking ahead, PVH Corp has reaffirmed its full-year non-GAAP earnings outlook and even slightly raised its revenue guidance, a sign of confidence in its strategic initiatives and the strength of its core brands.
