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AI brief of an SEC Form 8-K · PVH (PVH)

PVH cuts 2025 EPS outlook to $10.75-$11.00 after $480 million impairment charge

Mixed Impact 4 of 5 guidance Written later

PVH reported first quarter revenue of $1.984 billion, up 2% and above its guidance, but posted a GAAP loss of $(0.88) per share after a $480 million noncash impairment charge. The company reaffirmed its full-year revenue outlook but lowered its non-GAAP EPS projection to $10.75 to $11.00 from $12.40 to $12.75, citing tariffs and a challenging consumer backdrop.

Key points

  • Q1 revenue rose 2% to $1.984 billion, above guidance of flat to a 2% decrease.
  • Q1 GAAP EPS was $(0.88); non-GAAP EPS was $2.30, above guidance of $2.10 to $2.25.
  • Full-year non-GAAP EPS outlook cut to $10.75 to $11.00 from $12.40 to $12.75; revenue outlook reaffirmed.
  • Projected full-year non-GAAP operating margin is about 8.5%, versus 10.0% in 2024; tariffs carry an unmitigated impact of about $1.05 per share.

The filing

CompanyPVH (PVH)
Form8-K, current report
Filed with the SECJun 4, 2025, 4:23 PM ET
Accession number0000078239-25-000050

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 04, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.