PVH
Designer apparel group built around Calvin Klein and TOMMY HILFIGER.
Something off on this page? Send us feedback.
Profile
Designer apparel is sold through Calvin Klein and TOMMY HILFIGER, which provide nearly all revenue. The business has been reshaped from its shirtmaking roots by acquisitions and operates internationally under the PVH+ Plan.
Built around Calvin Klein and TOMMY HILFIGER, the group sells designer apparel through two global lifestyle brands that provide nearly all of its revenue.
Its history began with a Pottsville shirt business in 1881 and shifted through acquisitions, including Calvin Klein, Tommy Hilfiger and Warnaco. Today, it operates in more than 40 countries and follows the PVH+ Plan to build the two brands' desirability.
The business is shaped by concentration in those two brands and a China regulatory matter: MOFCOM placed the company on its Unreliable Entities List, while the latest 10-K said no measures had been imposed at its filing date.
Company facts
Categories
Key statistics
Year to date +11.7% · Average volume (30d) 863.3K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Aug 4, 2026 | JP Morgan | Downgrade | Neutral | Underweight | ||
| Jun 25, 2026 | B of A Securities | Downgrade | Neutral | Underperform | ||
| Jun 5, 2026 | Goldman Sachs | Reiterate | Buy | $144 | $87 | |
| Jun 5, 2026 | UBS | Reiterate | Buy | $130 | $121 | |
| Jun 5, 2026 | Wells Fargo | Reiterate | Equal Weight | $85 | $78 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jun 3, 2026Q1 FY26 | $1.82 | $2.01 | +10.4% | $2.00B | $2.03B | +1.3% | −20.24% |
| Mar 31, 2026Q4 FY25 | $3.30 | $3.82 | +15.8% | $2.43B | $2.51B | +2.9% | +9.75% |
| Dec 3, 2025Q3 FY25 | $2.54 | $2.83 | +11.4% | $2.28B | $2.29B | +0.6% | −11.87% |
| Aug 26, 2025Q2 FY25 | $1.97 | $2.52 | +27.9% | $2.28B | $2.17B | −4.9% | −0.92% |
Financial highlights
| 12 quarters | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $2.37B | $1.98B | $2.17B | $2.29B | $2.51B | $2.03B | |
| Gross profit | $1.37B | $1.16B | $1.24B | $1.29B | $1.46B | $1.19B | |
| Operating income | $187.5M | $157.1M | $112.5M | $161.8M | $225.1M | $118.7M | |
| Net income | $157.2M | −$44.8M | $224.2M | $4.2M | −$158.3M | $88.0M | |
| Diluted EPS | $2.78 | −$0.88 | $4.62 | $0.09 | −$3.30 | $1.90 | |
| Gross margin | 58.0% | 58.6% | 57.0% | 56.0% | 58.5% | 58.6% | |
| Operating margin | 7.9% | 7.9% | 5.2% | 7.1% | 9.0% | 5.9% |
Fiscal years (4-quarter sums)FY21 $9.15B · FY22 $9.02B · FY23 $9.22B · FY24 $8.65B · FY25 $8.95B
Revenue by product · FY24
Revenue by geography · Q4 FY25
Balance sheet, May 3, 2026Cash & short-term investments $592.5M · Total debt $4.22B · Total assets $11.34B · Shareholders' equity $4.89B
Dividends
Raised for 5 straight years. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 3, 2026 | Jun 3 | Jun 24 | $0.0375 | |
| Mar 4, 2026 | Mar 4 | Mar 25 | $0.0375 | |
| Nov 26, 2025 | Nov 26 | Dec 17 | $0.0375 | |
| Sep 3, 2025 | Sep 3 | Sep 24 | $0.0375 | |
| Jun 4, 2025 | Jun 4 | Jun 25 | $0.0375 | |
| Mar 5, 2025 | Mar 5 | Mar 26 | $0.0375 | |
| Nov 27, 2024 | Nov 27 | Dec 18 | $0.0375 | |
| Sep 4, 2024 | Sep 4 | Sep 25 | $0.0375 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 46.11M · Float 45.57M · 98.8% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| FMR LLC | 6.83M | 14.81% | 13F | Aug 13, 2026 |
| Pzena Investment Management LLC | 5.99M | 12.98% | 13F | Aug 7, 2026 |
| BlackRock, Inc. | 4.48M | 9.72% | 13F | Aug 7, 2026 |
| Dimensional Fund Advisors LP | 3.09M | 6.70% | 13F | Aug 11, 2026 |
| Vanguard Portfolio Management LLC | 2.17M | 4.70% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Apr 17, 2026 | Mark D. Fischer | officer: EVP, General Counsel & Sec. | −4,739 | $93.80 |
| Apr 16, 2026 | Mark D. Fischer | officer: EVP, General Counsel & Sec. | −2,200 | $90.00 |
Peers
- Ralph Lauren
Global designer lifestyle apparel and multi-channel distribution overlap
- Gap
Mass and accessible-premium apparel across stores, franchises, and online
- Levi's
Global denim-led apparel with DTC, wholesale, and retail overlap
- American Eagle Outfitters
Casual denim, intimates, and specialty retail overlap
- Kontoor Brands
Global jeanswear through Wrangler, Lee, wholesale, and direct channels
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| PVH | $75.79 | +0.04% | $3.49B | 22.9 | 6.2 | 0.4 | +2.1% |
| Ralph Lauren | $354.11 | +0.02% | $21.60B | 22.3 | 18.1 | 2.6 | +14.0% |
| Gap | $23.48 | −0.04% | $8.45B | 7.1 | 9.8 | 0.6 | −2.0% |
| Levi's | $21.29 | 0.00% | $8.33B | 13.1 | 13.3 | 1.3 | +8.0% |
| American Eagle Outfitters | $16.91 | +0.30% | $2.83B | 10.4 | 9.5 | 0.5 | +9.7% |
| Kontoor Brands | $76.99 | +0.05% | $4.26B | 16.1 | 12.8 | 1.4 | −11.2% |
| Median | 13.1 | 12.8 | 1.3 | +8.0% |