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PVH Corporation is expected to report a year-over-year earnings decline in its fiscal third quarter for 2025 on December 3. The estimated quarterly revenues are $2.3 billion, reflecting a slight growth of 0.6% from the previous year, while earnings per share are projected at $2.56, a 15.5% decline year-over-year.
The company’s results will be impacted by ongoing challenges in the Asia-Pacific region, notably in China, where weak consumer sentiment is expected to affect performance. Additionally, gross margin pressure is anticipated to worsen due to a more promotional retail environment and increased tariffs, with management forecasting a 175 basis points decline in gross margin year-over-year, partly due to an 80 basis point unmitigated tariff impact.
Interest expenses are projected to rise to $22 million from $16 million in the same quarter last year. Despite these pressures, PVH’s brand strength and a diversified portfolio may help maintain some resilience in overall sales.
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