PVH CORP. /DE/ (PVH) Form 10-Q — Sep 2, 2026
PVH Corp. reported second quarter fiscal 2026 revenue of $2.097 billion, down 3% year over year, and swung to a net loss of $102.9 million, or $2.23 per diluted share, versus net income of $224.2 million ($4.63 diluted EPS) in the prior-year quarter. The loss was driven by a $439.0 million noncash goodwill impairment in the EMEA reporting unit, triggered by the Middle East conflict and broader macroeconomic pressures that forced a cut to PVH's full-year 2026 outlook. EMEA revenue fell 6%, and the unit still carries $1,133.9 million of goodwill, leaving explicit risk of further impairment.
Key figures
- Revenue
- 2097
- Guidance
- FY2026 outlook assumes estimated negative prolonged effects from the Middle East conflict and a full-year blended U.S. tariff rate of approximately 15%; FX translation expected to add ~$125 million to revenue and ~$20 million to net income vs. 2025.
- Revenue Yoy
- -3%
- Cash Position
- 965.9
- Shares Outstanding
- 46137833
- Emea q2 revenue
- 986.3
- Q2 gross margin
- 63.0%
- Euro term loan a
- 400
- Warehouse sale gain
- 25.4
- Q2 effective tax rate
- 49.2%
- Emea q2 revenue change
- -6%
- Revenue 2025 full year
- 9000
- Twenty six week revenue
- 4122.1
- China revenue share 2025
- approximately 6%
- Q2 diluted eps prior year
- 4.63
- Revolving credit facility
- 1500
- Americas q2 segment income
- 195
- Q2 gross margin change bps
- 530
- Tariff refund benefit cogs
- 106.7
- Q2 goodwill impairment emea
- 439
- Warehouse sale net proceeds
- 37.7
- Debt maturity 2026 facilities
- June 24, 2031
- Remaining buyback authorization
- 1212
- Middle east direct revenue share 2025
- approximately 1%
- Growth driver5 annualized cost savings
- over $250 million
Price after filing
Close on the filing date to close N calendar days later (from $72.87). Historical, not a forecast.
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