PVH beats Q3 EPS guidance at $2.83 and narrows 2025 EPS outlook to $10.85-$11.00
PVH reported third quarter 2025 revenue of $2.294 billion, up 2% from a year earlier, and non-GAAP EPS of $2.83, above its $2.35 to $2.50 guidance but below $3.03 in the prior-year quarter. GAAP EPS was $0.09, reflecting $22 million of pre-tax restructuring costs, and gross margin fell to 56.3% from 58.4% due largely to tariffs. The company narrowed its full-year non-GAAP EPS outlook to $10.85 to $11.00 from $10.75 to $11.00, which raises the low end of the range.
Key points
- Q3 revenue rose 2% to $2.294 billion from $2.255 billion; constant-currency revenue fell less than 1%
- Q3 non-GAAP EPS of $2.83 beat $2.35 to $2.50 guidance but declined from $3.03; GAAP EPS was $0.09 versus $2.34
- Non-GAAP EBIT was $202 million versus $236 million; gross margin was 56.3% versus 58.4%
- Full-year 2025 non-GAAP EPS outlook narrowed to $10.85 to $11.00; Q4 EPS projected at $3.20 to $3.35
The filing
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 December 03, 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.