By Nicholas G. Miller

PVH posted higher second-quarter earnings above analysts' expectations and boosted its forecast for tariff costs for the rest of this year.

The clothing company, which owns Tommy Hilfiger and Calvin Klein, posted net income $224.2 million, or $4.63 a share, up from $158 million, or $2.80, a share for the prior year.

Adjusted earnings were $2.52 a share. Analysts were expecting $2.01 a share, according to a survey by FactSet.

PVH's sales rose to $2.17 billion, up from $2.07 billion in the year prior, and ahead of the $2.12 billion Wall Street expected, according to FactSet.

The company now expects unmitigated tariff costs of $70 million to its full-year earnings before interest and taxes, or $1.15 a share. It had previously projected tariffs would cost $65 million, or $1.05 a share.

Direct-to-consumer revenue increased 4%, fueled by growth in Europe, the Middle East and Africa.

As a whole, the company saw an 11% increase in revenue from the Americas, driven partially by the shift in the timing of wholesale shipments to the first half of this year from the second half.

PVH reaffirmed its adjusted earnings guidance of $10.75 to $11 a share. Wall Street sees $10.84 a share. The company lowered its adjusted earnings expectations in June from a previous range of $12.40 to $12.75, citing the cost of tariffs as well as diminished consumer sentiment.

The company expects adjusted third-quarter earnings of $2.35 to $2.50 a share, compared to the $2.94 Wall Street expects, according to FactSet.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

August 26, 2025 16:51 ET (20:51 GMT)

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