PVH Q2 FY26 revenue drops 3% to USD 2.1 billion; GAAP EPS turns to loss of USD 2.23 - PVH News | RalliesPVH Q2 FY26 revenue drops 3% to USD 2.1 billion; GAAP EPS turns to loss of USD 2.23
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PVH• Q2 FY26 results
- PVH Q2 revenue fell 3% to USD 2.1 billion, while GAAP EPS swung to a loss of USD 2.23.
- GAAP operating margin turned to a loss of 9.1%, including a USD 439 million noncash goodwill impairment charge.
- Non-GAAP EPS rose to USD 3.70; non-GAAP operating margin widened 2.9 percentage points to 11.1%, helped by USD 107 million tariff refunds.
- Inventory slipped 3% to USD 1.74 billion; net interest expense narrowed to USD 12 million.
- Full-year non-GAAP EPS outlook reiterated at USD 11.80-12.10 on roughly flat revenue; expects at least USD 300 million of share repurchases.
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