HighGravityData

PVH

Guidance from PVH’s last 8 earnings releases. Every value links to its sentence in the filing. See something wrong? Tell us.
Current guidance
33 items
Releases tracked
8
Latest release
Sep 2, 2026
Data checked
Sep 2, 2026
On this page:Latest changes·Current guidance·Your sector group·History

What changed in the Sep 2, 2026 release

Each item compared with the same item in the previous release (Jun 3, 2026). Values in quotation marks are the company’s words.

New — first stated in this releaseRaised / Lowered / Narrowed / Widened — changed from the prior releaseRevised — wording changed, direction not determinableChanged — value changed; the comparison couldn’t be parsed to a directionReiterated — restated unchangedNot restated — stated before, absent nowRaised and lowered describe the number, not whether the change is favorable.
ChangeMetricPeriodPreviousNowSource
NewRevenue growth (constant currency basis)for FY2026—“decrease slightly on a constant currency basis”Filing ↗
ChangedEPS (non-GAAP basis)for FY2026“$11.80 to $12.10”“$11.80 to $12.10 on a non-GAAP basis compared to $11.40 on a non-GAAP basis in the prior year”Filing ↗
NewEPS (non-GAAP basis)for Q3 FY2026—“$2.50 to $2.65 on a non-GAAP basis compared to $2.83 on a non-GAAP basis in the prior year period”Filing ↗
NewEPS (non-GAAP)for FY2026—“$11.80 to $12.10 on a non-GAAP basis”Filing ↗
NewEPS (non-GAAP)for Q3 FY2026—“$2.50 to $2.65 on a non-GAAP basis”Filing ↗
RaisedEPS foreign currency translation impactfor FY2026“the estimated positive impact of approximately $0.30 per share related to foreign currency translation”“approximately $0.40 per share”Filing ↗
NewEPS foreign currency translation impactfor Q3 FY2026—“approximately $0.05 per share”Filing ↗
ChangedOperating margin (non-GAAP basis)for FY2026“approximately 8.8% on a non-GAAP basis, flat compared to 8.8% on a non-GAAP basis in 2025”“approximately 8.8% on a non-GAAP basis, flat compared to 8.8% in the prior year”Filing ↗
NewOperating margin (non-GAAP basis)for Q3 FY2026—“approximately 7.5% on a non-GAAP basis, compared to 8.8% on a non-GAAP basis in the prior year period”Filing ↗
NewOperating margin (non-GAAP)for Q3 FY2026—“approximately 7.5% on a non-GAAP basis”Filing ↗
NewEffective tax rate (non-GAAP basis)for FY2026—“22% to 23% on a non-GAAP basis compared to 22.2% on a non-GAAP basis in the prior year period”Filing ↗
NewEffective tax rate (non-GAAP basis)for Q3 FY2026—“approximately 22.0% on a non-GAAP basis compared to 25.5% on a non-GAAP basis in the prior year period”Filing ↗
NewEffective tax rate (non-GAAP)for FY2026—“in a range of 22% to 23% on a non-GAAP basis”Filing ↗
NewEffective tax rate (non-GAAP)for Q3 FY2026—“approximately 22.0% on a non-GAAP basis”Filing ↗
WidenedNet interest expensefor FY2026“approximately $75 million”“approximately $70 million compared to $79 million in the prior year period”Filing ↗
NewNet interest expensefor Q3 FY2026—“approximately $18 million compared to $21 million in the prior year period”Filing ↗
ReiteratedOperating margin (non-GAAP)for FY2026“approximately 8.8%”“approximately 8.8% on a non-GAAP basis”Filing ↗
Show 10 items not restated in this release
ChangeMetricPeriodPreviousNowSource
Not restatedRevenue (constant currency basis)for FY2026“decrease slightly on a constant currency basis compared to flat to a slight increase previously”—Filing ↗
Not restatedRevenue (reported basis)for FY2026“approximately flat on a reported basis compared to a slight increase previously”—Filing ↗
Not restatedEPS - estimated net negative tariff impact (gross)for FY2026“approximately $3.30 per share”—Filing ↗
Not restatedEPS - estimated positive impact of tariff refundsfor FY2026“approximately $1.70 per share”—Filing ↗
Not restatedEPS tariff impactfor FY2026“an estimated net negative impact related to the tariffs for goods coming into the U.S., including a gross impact of approximately $3.30 per share and a partially offsetting impact of planned mitigation actions”—Filing ↗
Not restatedOperating margin - estimated gross tariff impactfor FY2026“approximately 215 basis points”—Filing ↗
Not restatedOperating margin - estimated positive impact of tariff refundsfor FY2026“approximately 100 basis points”—Filing ↗
Not restatedGross tariff impact to EBITfor FY2026“approximately $195 million”—Filing ↗
Not restatedNorth America EBIT marginfor the long term“double-digit EBIT margin”—Filing ↗
Not restatedRefunds related to IEEPA tariffs previously paidfor Q2 FY2027“approximately $100 million”—Filing ↗

Current guidance

Guidance for periods that have not yet ended, at its most recent value, grouped by horizon.

Current fiscal year
MetricCurrent valuePeriodMeasureFirst statedTimes statedSource
Revenue“increase slightly (flat to increase slightly on a constant currency basis) compared to 2025”for FY2026GAAP-tiedMar 31, 20261Filing ↗
Revenue (constant currency basis)“decrease slightly on a constant currency basis compared to flat to a slight increase previously”for FY2026Company-definedJun 3, 20261Filing ↗
Revenue (reported basis)“approximately flat on a reported basis compared to a slight increase previously”for FY2026GAAP-tiedJun 3, 20261Filing ↗
Revenue growth (constant currency basis)“decrease slightly on a constant currency basis”for FY2026Company-definedSep 2, 20261Filing ↗
EPS - estimated net negative tariff impact (gross)“approximately $3.30 per share”for FY2026GAAP-tiedJun 3, 20261Filing ↗
EPS - estimated positive impact of foreign currency translation“approximately $0.40 per share”for FY2026GAAP-tiedJun 3, 20261Filing ↗
EPS - estimated positive impact of tariff refunds“approximately $1.70 per share”for FY2026GAAP-tiedJun 3, 20261Filing ↗
EPS (non-GAAP basis)“$11.80 to $12.10 on a non-GAAP basis compared to $11.40 on a non-GAAP basis in the prior year”for FY2026Company-definedMar 31, 20263Filing ↗
EPS (non-GAAP basis)“$2.50 to $2.65 on a non-GAAP basis compared to $2.83 on a non-GAAP basis in the prior year period”for Q3 FY2026Company-definedSep 2, 20261Filing ↗
EPS (non-GAAP)“$11.80 to $12.10 on a non-GAAP basis”for FY2026Company-definedSep 2, 20261Filing ↗
EPS (non-GAAP)“$2.50 to $2.65 on a non-GAAP basis”for Q3 FY2026Company-definedSep 2, 20261Filing ↗
EPS foreign currency translation impact“approximately $0.40 per share”for FY2026GAAP-tiedMar 31, 20262Filing ↗
EPS foreign currency translation impact“approximately $0.05 per share”for Q3 FY2026GAAP-tiedSep 2, 20261Filing ↗
EPS tariff impact“an estimated net negative impact related to the tariffs for goods coming into the U.S., including a gross impact of approximately $3.30 per share and a partially offsetting impact of planned mitigation actions”for FY2026GAAP-tiedMar 31, 20261Filing ↗
Operating margin“Projected to be approximately 8.8% on a non-GAAP basis, flat compared to 8.8% on a non-GAAP basis in 2025.”for FY2026GAAP-tiedMar 31, 20261Filing ↗
Operating margin - estimated gross tariff impact“approximately 215 basis points”for FY2026GAAP-tiedJun 3, 20261Filing ↗
Operating margin - estimated positive impact of tariff refunds“approximately 100 basis points”for FY2026GAAP-tiedJun 3, 20261Filing ↗
Operating margin (non-GAAP basis)“approximately 8.8% on a non-GAAP basis, flat compared to 8.8% in the prior year”for FY2026Company-definedMar 31, 20263Filing ↗
Operating margin (non-GAAP basis)“approximately 7.5% on a non-GAAP basis, compared to 8.8% on a non-GAAP basis in the prior year period”for Q3 FY2026Company-definedSep 2, 20261Filing ↗
Operating margin (non-GAAP)“approximately 8.8% on a non-GAAP basis”for FY2026Company-definedJun 3, 20262Filing ↗
Operating margin (non-GAAP)“approximately 7.5% on a non-GAAP basis”for Q3 FY2026Company-definedSep 2, 20261Filing ↗
DTC growth“Expecting DTC growth for both brands and across all regions for 2026”for FY2026Company-definedMar 31, 20261Filing ↗
Effective tax rate“22% to 23%”for FY2026GAAP-tiedMar 31, 20262Filing ↗
Effective tax rate (non-GAAP basis)“22% to 23% on a non-GAAP basis compared to 22.2% on a non-GAAP basis in the prior year period”for FY2026Company-definedSep 2, 20261Filing ↗
Effective tax rate (non-GAAP basis)“approximately 22.0% on a non-GAAP basis compared to 25.5% on a non-GAAP basis in the prior year period”for Q3 FY2026Company-definedSep 2, 20261Filing ↗
Effective tax rate (non-GAAP)“in a range of 22% to 23% on a non-GAAP basis”for FY2026Company-definedSep 2, 20261Filing ↗
Effective tax rate (non-GAAP)“approximately 22.0% on a non-GAAP basis”for Q3 FY2026Company-definedSep 2, 20261Filing ↗
Gross tariff impact to EBIT“approximately $195 million”for FY2026Company-definedJun 3, 20261Filing ↗
Net interest expense“approximately $70 million compared to $79 million in the prior year period”for FY2026GAAP-tiedMar 31, 20263Filing ↗
Net interest expense“approximately $18 million compared to $21 million in the prior year period”for Q3 FY2026GAAP-tiedSep 2, 20261Filing ↗
Stock repurchases“at least $300 million”for FY2026Declared actionMar 31, 20263Filing ↗
Tariff rate assumption on goods coming into the U.S.“approximately 15%”for FY2026Company-definedJun 3, 20261Filing ↗
Refunds related to IEEPA tariffs previously paid“approximately $100 million”for Q2 FY2027Company-definedJun 3, 20261Filing ↗
Long term
MetricCurrent valuePeriodMeasureFirst statedTimes statedSource
North America EBIT margin“double-digit EBIT margin”for the long termCompany-definedMar 31, 20251Filing ↗

How one item moved

Net interest expense, for FY2026 — every statement across the year, each linked to its filing.

Mar 31, 2026
New
“approximately flat compared to $79 million in 2025”
Jun 3, 2026
Changed
“approximately $75 million”
Sep 2, 2026
Widened
“approximately $70 million compared to $79 million in the prior year period”

How your Apparel, footwear & accessories sector group guides

12 companies in Apparel, footwear & accessories. What they guide on, and who reported this season.

Most-guided metric families
Revenue
10
Tax rate
10
Buybacks
10
GAAP EPS
9
Operating margin
7
Capex
7
Dividends
6
Gross margin
5
This season’s releases
Levi StraussOct 7, 20267 changes
American Eagle OutfittersSep 9, 20267 changes
Lululemon AthleticaSep 3, 20265 changes
PVHSep 2, 202616 changes
GapAug 27, 202614 changes
Abercrombie & FitchAug 26, 202615 changes
TapestryAug 13, 202619 changes
Ralph LaurenAug 6, 202614 changes
Get this for your own peer set — Peer Guidance Briefing, $3,000.

Full history

Every metric, every release, eight quarters — the complete record as one table.

MetricFY2027FY2026FY2025FY2024Long-term
GAAP revenue decrease—1 statement1 statement1 statement—
Non-GAAP revenue decrease on a constant currency basis—1 statement1 statement2 statements—
Revenue—3 statements5 statements2 statements—
Revenue (constant currency basis)—3 statements4 statements——
Revenue (reported basis)—2 statements———
The full record for PVH and its Apparel, footwear & accessories peers, delivered as a Peer Guidance Briefing — PDF and Excel, every value linked to its filing.

Filings

The 8 earnings releases this page is built from.

FiledFiscal periodAccessionGuidance items
Sep 2, 2026FY2027 Q20000078239-26-00005518Open filing ↗
Jun 3, 2026FY2027 Q10000078239-26-00003431Open filing ↗
Mar 31, 2026FY2026 Q40000078239-26-00002019Open filing ↗
Dec 3, 2025FY2026 Q30000078239-25-00008413Open filing ↗
Aug 26, 2025FY2026 Q20000078239-25-00006618Open filing ↗
Jun 4, 2025FY2026 Q10000078239-25-00005012Open filing ↗
Mar 31, 2025FY2025 Q40000078239-25-00001418Open filing ↗
Dec 4, 2024FY2025 Q30000078239-24-00008323Open filing ↗

Not located in filing

3 values were detected in these releases but could not be matched to an exact sentence in the filing body, so they are not shown as guidance. We surface the count rather than drop it silently.

Show the 3 unmatched spans
SpanWhyFiled
Revenue = approximately flat on a reported basis compared to a slight increase previously; decrease slightly on a constant currency basis compared to flat to a slight increase previouslyspan gate: value not verbatim in filingJun 3, 2026
Revenue = up low single-digits compared to increase slightly to up low single-digits previously; reaffirming outlook of flat to increase slightly on a constant currency basisspan gate: value not verbatim in filingDec 3, 2025
Revenue = increase slightly to up low single-digits compared to flat to increase slightly previously; reaffirming outlook of flat to increase slightly on a constant currency basisspan gate: value not verbatim in filingAug 26, 2025
Values in quotation marks are the company’s words; the classification and filing links are HighGravityData’s. HighGravityData does not score or rank companies or give investment advice.
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