PVH Corp. (NYSE: PVH) announced its fourth quarter and full year results for 2025, revealing a strong finish to the year with revenue exceeding guidance. The company reported a 6% increase in fourth quarter revenue, reaching $2.505 billion, which was flat in constant currency. For the full year, revenue rose by 3% to $8.950 billion, aligning with expectations. The fourth quarter operating margin was reported at 9.9% on a GAAP basis and 10.0% on a non-GAAP basis, surpassing guidance of approximately 9%. Despite challenges from gross tariffs, PVH managed to deliver an earnings per share (EPS) of $3.82 on a non-GAAP basis, exceeding the guidance range of $3.20 to $3.35. Looking ahead, PVH projects a slight increase in revenue for 2026, with operating margins expected to remain stable at approximately 8.8% on a non-GAAP basis. The company also plans to repurchase at least $300 million in stock in 2026, building on the $560 million repurchased in 2025. CEO Stefan Larsson emphasized the strength of the Calvin Klein and Tommy Hilfiger brands and the positive momentum heading into 2026, despite the uncertain macroeconomic environment.

Press Release distribution

National Press Distribution across U.S. Media. Direct Access to Key Decision Making Editors.