PVH warned in expectations for a full year despite the revenue of the first quarter by 2 %

The company sector in Europe, the Middle East and Africa has witnessed 5 % revenues, feeding both wholesale and consumer channels. In the Americas, revenue increased by 7 %, mostly due to wholesale operations.

On the contrary, APAC’s revenue has seen 13 % decrease in the same quarter, with an approximate decrease of approximately 3 % to the timing of the new lunar year.

Tommy Hilfiger Brand revenues increased by 3 % in the first quarter of the fiscal year, while Calvin Klein’s revenues remained unchanged from the previous year.

The revenue of the stores owned by PVH stores in PVH decreased by 5 %, while digital trade revenues increased from owned platforms and operated by 3 %.

“In the first quarter, we continued to take advantage of the love of the global consumer of Calvin Klein and Tommy Hilviger, as we achieved the growth of revenues against last year and before the guidance,” said Stefan Larson, CEO of PVH Corp.

“Calvin Klein has seen one of its most influential products for years with the Icon Cotton Stretch concession, which amplifies it in the Bad Bad Bad campaign.

PVH recorded a net loss of $ 44.8 million for a quarter (Q1), compared to the net income of $ 151.4 million registered in the previous year. This translates into a net loss of each joint share of $ 0.88 compared to the arrow’s earnings of $ 2.59 previously.

The total profit also saw a decrease, as it settled at $ 1.16 billion compared to $ 1.19 billion in the first quarter of the fiscal year.

The total margin decreased to 58.6 % in the first quarter of the financial year 25, a decrease from 61.4 % in the previous year, which reflects the changes in the channel mixture, increased promotional activity, the transition costs related to commercial business in the internal sentence of pre -licensed women’s products, and high shipping costs along with additional discounts provided to customers due to the delivery of products in Calvin products.

PVH recorded a loss before the $ 332 million benefits and taxes, which include a negative impact of $ 4 million of foreign currency translation, compared to profits before interest and taxes of $ 205 million in the previous year.

On the basis of the principles of generally accepted accounting, EBIT was reported at $ 160 million, including the negative impact mentioned above 4 million dollars of currency translation, which represents a decrease from $ 195 million in the period of the previous year due to a significant decrease in the total margin.

Looking at the full fiscal year 2025, PVH maintains its revenue expectations, indicating fixed growth or slight increase based on the fixed currency.