PVH CORP. /DE/ (PVH) SEC Filings

PVH CORP. (PVH) disclosed the initial equity holdings of its Chief Financial Officer, Alexis Rollier, in a beneficial ownership report. The filing shows that, as of September 8, 2026, Rollier reported holding no shares of PVH common stock directly.

PVH CORP. (PVH) reports that Chief Executive Officer and director Stefan Larsson purchased 14,179.102 shares of common stock in an open-market transaction on September 11, 2026 at a weighted average price of $70.53 per share, with individual trades between $70.42 and $70.54. Following this purchase, he directly holds 349,889.048 shares of common stock, including 153,969 shares subject to unvested restricted stock unit awards, and no Rule 10b5-1 trading plan is reported for this transaction.

PVH Corp. (PVH) reported modestly lower revenue but swung to a loss as large noncash charges and macro pressures weighed on results for the thirteen and twenty-six weeks ended August 2, 2026. Revenue was $2.10 billion for the quarter (down from $2.17 billion) and $4.12 billion year-to-date (slightly below $4.15 billion a year earlier). A $439.0 million goodwill impairment in the EMEA reporting unit, driven by the prolonged effects of the Middle East conflict and broader macroeconomic pressures, turned operating profits into a quarterly loss, leading to a net loss of $102.9 million for the quarter and $14.9 million year-to-date, versus profits of $224.2 million and $179.4 million in the prior-year periods.

Underlying cash generation and balance sheet liquidity improved. Net cash provided by operating activities rose to $336.4 million for the first half of 2026 from $141.7 million, helped by working capital and a $106.7 million benefit in cost of goods sold from U.S. tariff refunds. Cash and cash equivalents increased to $965.9 million from $248.8 million a year earlier, while total long-term debt (including current portion) was $2.25 billion, with roughly 80% at fixed rates. The company refinanced its senior unsecured credit facilities with new 2026 facilities maturing in 2031, had no borrowings outstanding on its revolvers or commercial paper at quarter-end, and remained in compliance with all debt covenants. As of August 26, 2026, common shares outstanding were 46.1 million, with stock repurchases paused in the first half of 2026 after a large accelerated share repurchase completed in 2025.

PVH Corp. (PVH) reported 2026 second quarter revenue of $2.097 billion, down 3% year over year but at the high end of guidance on a reported basis and better than guidance in constant currency. Regionally, revenue fell 6% in EMEA, 1% in the Americas and rose 3% in APAC, while Calvin Klein revenue declined 7% and Tommy Hilfiger was approximately flat.

Profitability was mixed. A $439 million noncash goodwill impairment drove a GAAP operating margin of (9.1)% and GAAP diluted EPS of $(2.23). Excluding this and other items, non-GAAP operating margin improved to 11.1% (from 8.2%), helped by a 510 bps benefit from $107 million of tariff refunds, and non-GAAP EPS rose to $3.70 from $2.52.

Direct-to-consumer revenue was flat overall, with owned stores down 1% and owned digital commerce up 4%. Wholesale revenue fell 6% and licensing revenue 13%, reflecting planned license transitions. Inventory decreased 3% to $1.738 billion. PVH reaffirmed its full-year 2026 non-GAAP outlook of approximately flat revenue, 8.8% operating margin and non-GAAP EPS of $11.80–$12.10, versus $11.40 in 2025, and expects to repurchase at least $300 million of stock in 2026.

PVH Corp. reported that the Executive Committee of its Board of Directors declared a quarterly cash dividend of $0.0375 per share on its common stock on August 5, 2026. The dividend will be paid on September 23, 2026 to stockholders of record as of September 2, 2026.

A press release describing the dividend is provided as an exhibit. The company also lists its common stock and its 4.125% Senior Notes due 2029 as traded on the New York Stock Exchange.

PVH Corp. appointed Alexis Rollier as Chief Financial Officer under an employment agreement dated July 3, 2026; he is expected to join in early September 2026. He will succeed interim CFO Melissa Stone, who will continue as Executive Vice President, Global Financial Planning & Analysis.

The agreement sets an initial annual base salary of $850,000, with eligibility for annual bonuses under PVH’s Performance Incentive Bonus Plan at 25% threshold, 100% target and 200% maximum of base salary for fiscal 2026, prorated for his employment period. Rollier receives a $375,000 make‑whole cash advance, sign‑on RSU and PSU awards each valued at approximately $400,000, and an additional make‑whole RSU award valued at $275,000 vesting 50% on each of the first two anniversaries of grant. If terminated without cause or for good reason, including in connection with certain change in control situations, he is generally entitled to cash severance equal to two times the sum of base salary and target bonus, continued insurance benefits for up to two years, potential Section 4999 excise tax cutback, and is subject to confidentiality, non-solicitation, non-interference and non-compete covenants.

PVH filer Donald Kohler submitted a notice of intent to sell 7,566 shares of PVH common stock through Merrill Lynch on the NYSE, associated with a date of July 14, 2026. The shares relate to vested restricted stock unit and performance stock unit awards from April 2024 through April 2026.

PVH Corp. entered into a new long-term Credit Agreement that refinances its prior credit facility and extends its debt maturities. The agreement provides a €400,000,000 euro-denominated term loan A and a US$1,500,000,000 multicurrency revolving credit facility, both maturing on June 24, 2031. The euro term loan was fully drawn on closing and used to repay and terminate the existing 2022 credit agreement and all commitments under it.

The term loan will amortize quarterly beginning with the quarter ending September 30, 2026, with payments equal to 2.50% per annum of the initial principal, with the remaining balance due at maturity. Borrowings bear interest at base rate or benchmark rates such as term SOFR, EURIBOR, SONIA, SARON, TIBOR, ESTR or term CORRA, plus an applicable margin initially set at 1.0% for most benchmark-based revolving loans and 1.125% for the euro term loan. Margins may later adjust based on PVH’s net leverage ratio and public debt ratings.

Stone Melissa Ann reported acquisition or exercise transactions in this Form 4 filing.

PVH Corp. executive Melissa Ann Stone, EVP and Interim CFO, received a small grant of 0.478 phantom stock units tied to PVH common shares. This award, valued using a reference price of $72.71 per unit, increases her phantom stock balance to 927.5801 units.

The filing explains these are bookkeeping entries in a supplemental savings plan, not actual shares. Each phantom unit represents the right to receive the cash value of one PVH common share, payable in cash after her employment with the company ends, and she can generally reallocate the phantom value to other investments within the plan.