PVH Corp has closed fiscal 2025 with quarterly results that beat internal guidance, shrugging off tariff headwinds and setting a cautiously optimistic tone for FY26.
Revenue for the fourth quarter came in at $2.505 billion, a 6 per cent increase.
CEO Stefan Larsson said the results reflect the “strength of two iconic global brands, Calvin Klein and Tommy Hilfiger”, and disciplined execution of the company’s long‑term PVH+ strategic plan, which focuses on product innovation, marketing and marketplace execution.
For the full year, PVH reported $8.95 billion in revenue, up 3 per cent on a reported basis and in line with guidance.
Looking ahead, PVH expects slight revenue growth in FY26 and operating margins roughly in line with FY25.
Larsson noted that the company will continue to focus on leveraging increased relevance with the consumer, scaling the impact of our stronger product, and activating cut-through global brand campaigns, including with mega-talent Jung Kook, Raphinha and Dakota Johnson for Calvin, and major partners the Cadillac Formula 1 team, Liverpool Football Club and Travis Kelce for Tommy.
“As we look towards 2026, we expect to deliver operating margins consistent with 2025, including modest gross margin expansion, despite the inclusion of a full year of tariffs, and strong expansion on an underlying basis, underscoring our next level PVH+ Plan execution and the strength of our global iconic brands,” added Melissa Stone, interim CFO.
Earlier this year, PVH Corp teamed up with OpenAI to use artificial intelligence across its supply chain.