Every material Form 8-K PVH filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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.
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
PVH Corp. said Chief Financial Officer Zachary Coughlin will leave on December 31, 2025, to pursue an opportunity in another industry, and that Melissa Stone, EVP Global Financial Planning & Analysis, will serve as interim CFO while the company searches for a successor. The company also reaffirmed its third quarter and full year 2025 revenue and earnings guidance on a non-GAAP basis, as previously announced on August 26, 2025.
CFO Zachary Coughlin departs December 31, 2025; the company has begun a global search for a successor
Melissa Stone, age 47, to serve as interim CFO and interim principal financial officer, with a $20,833 monthly base salary increase starting January 1, 2026
Stone to receive a one-time restricted stock unit grant valued at $200,000 and a one-time $300,000 cash bonus tied to the successor's start date
PVH reaffirmed third quarter and full year 2025 non-GAAP revenue and earnings guidance; Q3 results call set for 9:00 A.M. ET on December 4, 2025
PVH reported second-quarter 2025 revenue of $2.167 billion, up 4% from a year earlier, and non-GAAP earnings per share of $2.52, which beat guidance of $1.85 to $2.00 but fell from $3.01 a year earlier. The company raised its full-year revenue outlook and reaffirmed its non-GAAP EPS range of $10.75 to $11.00, while gross margin declined to 57.7% from 60.1% amid tariffs and promotions.
Non-GAAP EPS was $2.52 versus $3.01 a year earlier and above prior guidance of $1.85 to $2.00; GAAP EPS was $4.63 versus $2.80.
Gross margin fell to 57.7% from 60.1%; non-GAAP EBIT was $178 million versus $189 million a year earlier.
Full-year revenue outlook was raised to increase slightly to up low single digits; non-GAAP EPS outlook of $10.75 to $11.00 was reaffirmed.
No share repurchase payments were made in the second quarter, and none are expected for the rest of 2025 after $561 million of purchases in the first quarter.
PVH Corp. completed a $500 million offering of 5.500% senior notes due June 13, 2030, on June 13, 2025. The company estimates net proceeds of about $489.6 million, which it plans to use to repay or redeem its existing $500 million 4⅝% senior notes due 2025 and for general corporate purposes.
Notes: $500 million principal, 5.500% annual interest, paid semi-annually from December 13, 2025
Maturity date June 13, 2030; issued under an indenture with U.S. Bank Trust Company as trustee
Estimated net proceeds of about $489.6 million, to refinance $500 million of 4⅝% notes due 2025
Notes are unsecured and rank equally with existing and future unsecured, unsubordinated debt
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.
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.
PVH Corp. said David Savman, its Head of Global Operations and Chief Supply Chain Officer, has been appointed Global President of Calvin Klein, succeeding Eva Serrano, who is leaving the company. Serrano will serve as an advisor through December 31, 2025 to support the transition, and Savman will keep his supply chain and operations roles until a successor is named.
David Savman appointed Global President, Calvin Klein, succeeding Eva Serrano
Serrano serves in an advisory capacity through December 31, 2025
Savman continues as Chief Supply Chain Officer and Head of Global Operations until a successor is named
PVH Corp. entered a credit agreement dated April 25, 2025, providing a $450.0 million delayed-draw term loan facility that was undrawn at closing. The company may draw the loans before October 17, 2025, and plans to use them for general corporate purposes, including refinancing its 4 5/8% Senior Notes due 2025. The facility adds committed borrowing capacity and a future debt obligation, subject to a maximum net leverage covenant.
Aggregate lending commitments of $450.0 million for senior, unsecured term loans, with no amount drawn at closing
Loans may be funded before October 17, 2025, and will mature on April 3, 2026
Initial margin of 1.125% over term SOFR or 0.125% over the base rate; commitment fee of 0.125% starting July 4, 2025
Facility requires a maximum net leverage ratio and includes change-of-control and cross-default events of default
PVH Corp. signed a credit agreement on April 4, 2025, providing a $250.0 million delayed-draw term loan facility that was undrawn at closing. The company can borrow under the facility for working capital or general corporate purposes, and the filing gives no indication of the loan being used so far, so the deal adds available borrowing capacity rather than existing debt.
Facility: $250.0 million senior, unsecured delayed-draw term loans, with Barclays Bank PLC as administrative agent
Borrowings: up to four draws before February 4, 2026, each with a $50.0 million minimum; term loans mature April 3, 2026
Pricing: initial margin of 1.125% over term SOFR or 0.125% over base rate, plus a 0.125% commitment fee starting on the 91st day
PVH Corp. entered into accelerated share repurchase agreements on April 1, 2025, with Barclays and Goldman Sachs, paying $500 million and receiving 4,579,354 initial shares. The final share count depends on a discount to the stock's volume-weighted average price, with final settlement expected in the third quarter of fiscal 2025. The buyback uses part of the company's existing $5.0 billion repurchase authorization.
Total payment to the dealers: $500 million, made under agreements dated April 1, 2025
Initial share delivery: 4,579,354 shares, to be held in treasury
Final share count will be set at settlement, based on a discount to the average daily VWAP over the agreement term
Final settlement expected in the third quarter of fiscal 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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every PVH filing is on SEC EDGAR ↗. 8-K briefs of other companies →