** Shares in Tommy Hilfiger parent PVH Corp PVH.N slump 8.4% to $74 premarket
** Co forecasts Q2 adj. EPS between $1.85 and $2, below estimates of $2.08 - data compiled by LSEG
** Also trims FY adj. EPS to between $10.75 and $11, down from previous range of $12.40-$12.75
** "Navigating a highly dynamic and uncertain macroeconomic environment... decreasing our outlook to reflect that backdrop and current performance of business" - CFO Zac Coughlin
** BMO Capital Markets says increased promos, unfavorable channel mix and higher freight pressuring co's gross margins
** Brokerage trims PT to $84 from $93
** Average rating of 15 analysts remains "buy", median PT at $92 - data compiled by LSEG
** Stock down over 23% YTD, till last close
(Reporting by Purvi Agarwal)