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PVH Corp. (PVH) drives global fashion through iconic brands like Calvin Klein and Tommy Hilfiger. This news hub provides investors and industry professionals with essential updates from the apparel leader.
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PVH Corp (NYSE: PVH) has scheduled its first quarter 2025 earnings release for Wednesday, June 4, 2025, after market close. The company will host a conference call to discuss the results on Thursday, June 5, 2025, at 9:00 A.M. Eastern Time. The call will be led by CEO Stefan Larsson and CFO Zac Coughlin. Investors can access the live webcast through PVH's website under the Investors section, and a replay will be available for 12 months following the call.
PVH Corp [NYSE:PVH] has announced its latest quarterly cash dividend. The company's Board of Directors has declared a dividend of $0.0375 per share for its stockholders.
The dividend payment is scheduled for June 25, 2025. Shareholders who are recorded as stockholders by June 4, 2025 will be eligible to receive this quarterly dividend payment.
This dividend announcement demonstrates PVH's continued commitment to providing regular returns to its shareholders through its dividend program.
PVH Corp [NYSE: PVH] has announced plans to enter into $500 million accelerated share repurchase (ASR) agreements to buy back approximately 14% of its outstanding shares. The company will initially receive about 5.4 million shares, representing 70% of estimated total repurchases.
The ASR will be executed under PVH's existing $5.0 billion stock repurchase authorization, with $1.8 billion remaining available as of February 2, 2025. The transaction will be funded through $350 million cash on hand and up to $150 million in short-term debt, which PVH expects to repay by fiscal year-end 2025.
The final settlement, based on the volume-weighted average stock price during the ASR term, is anticipated during the third quarter of fiscal 2025. CFO Zac Coughlin cited the company's robust cash flow generation and current stock valuation as presenting a unique opportunity for significant shareholder capital return.
PVH Corp reported Q4 2024 revenue of $2.372 billion, down 5% year-over-year but exceeding guidance. Full-year revenue decreased 6% to $8.653 billion. Q4 non-GAAP EPS was $3.27, surpassing guidance of $3.05-$3.20.
Tommy Hilfiger revenue declined 5% while Calvin Klein decreased 2% in Q4. The company achieved record gross margins and double-digit non-GAAP EBIT margin in 2024, with strong profitability in North America and sequential improvements in Europe wholesale orders.
For 2025, PVH projects revenue to be flat to slightly increasing, with EPS guidance of $12.40-$12.75 on a non-GAAP basis. The company completed $500 million in stock repurchases during 2024 and plans another $500 million in accelerated share repurchases for 2025.
PVH Corp (NYSE: PVH) has scheduled the release of its fourth quarter and year-end 2024 earnings results for Monday, March 31, 2025, after market close. The company will host a conference call on Tuesday, April 1, 2025, at 9:00 A.M. Eastern Time.
The call will feature CEO Stefan Larsson and CFO Zac Coughlin discussing the results. A live webcast will be available on the company's website under the Investors section, with the replay remaining accessible for 12 months after the call.
PVH Corp (NYSE:PVH) has announced that its Executive Committee of the Board of Directors has declared a quarterly cash dividend of $0.0375 per share. The dividend will be payable on March 26, 2025, to stockholders of record as of March 5, 2025.
Revman International has secured a license agreement with Tommy Hilfiger, a PVH Corp. [NYSE:PVH] subsidiary, for home accessories in North America. The agreement, running through 2029, covers the development, manufacturing, and distribution of home products in the U.S., Canada, and Mexico.
The new TOMMY HILFIGER home collection, launching in Spring 2025, will feature fashion bedding and bath products made from high-quality materials. The collection emphasizes coastal prep design elements, including crisp cottons, signature embroideries, and rich textures. Distribution will occur through major retail channels across all three countries.
Rich Roman, Revman's President and CEO, expressed confidence in the partnership, highlighting Tommy Hilfiger's iconic American style. Karina Spar, PVH's Executive Vice President of Licensing, emphasized Revman's expertise in lifestyle bed and bath products as key to reinforcing the brand's presence in the home category.