As per its 2019 guidance for brands, PVH Corp’s 2019 earnings per share are projected to be in the range of $7.95 to $8.05 compared to $9.65 in 2018. The projection includes an estimated negative impact of approximately 35 cents per share related to foreign currency translation. The brand’s revenue is projected to increase around 1 percent compared to 2018.

Revenue for the Tommy Hilfiger business is projected to increase approximately 5 percent and revenue for the Calvin Klein business is projected to decrease approximately 2 percent, while revenue for the Heritage Brands business is projected to fall about 1 percent.

The 2019 guidance of brands incorporates the impact on certain products of imposed tariffs and those expected to be imposed by the US on goods imported from China into the US. This including $250 billion in goods imported from China into the US currently at 25 percent, with an expected increase to 30 percent on Oct. 1, and $300 billion worth of Chinese goods at 15 percent expected to be imposed in part on Sept. 1 with the remainder following on Dec. 15.