**PVH Corp. Reports Mixed Q2 Results for Fiscal 2026**
PVH Corp. generated second-quarter revenues of $2.097 billion for fiscal 2026, reflecting a 3% decline from the previous year but exceeding guidance expectations. Adjusted earnings per share (EPS) reached $3.70, surpassing the projected range of $3.00-$3.10, bolstered by $107 million in tariff refunds that significantly impacted profitability. The adjusted operating margin was 11.1%, above the expected 9.5%.
Key performance metrics highlighted regional variations: EMEA revenues fell by 6%, while revenues in the Americas declined by 1%, and APAC revenues grew by 3% due to direct-to-consumer (DTC) growth. E-commerce continued to gain traction, with revenues up 4%. For the fiscal third quarter, PVH anticipates a revenue decline in the low single digits and a projected adjusted EPS range of $2.50-$2.65, indicating ongoing challenges in consumer demand. Despite these challenges, the company reaffirms its full-year outlook, expecting overall revenues to remain approximately flat.
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