PVH Reaffirms Fiscal Q3, Fiscal 2025 Guidance; Melissa Stone Named as Interim CFO

MT Newswires Live
Nov 18

PVH (PVH) said Tuesday it is reaffirming its fiscal Q3 non-GAAP earnings per share guidance of $2.35 to $2.50.

Analysts polled by FactSet expect $2.53.

The company said it is reaffirming its fiscal Q3 revenue growth guidance of flat to a slight increase. Analysts surveyed by FactSet expect $2.28 billion.

PVH said it is also reaffirming its fiscal 2025 non-GAAP EPS guidance of $10.75 to $11.00. Analysts polled by FactSet expect $10.89.

The company said it is reaffirming its fiscal 2025 revenue growth guidance of a slight increase to low single-digits. Analysts surveyed by FactSet expect $8.87 billion.

Further, PVH said Chief Financial Officer Zac Coughlin will be leaving the company to pursue an opportunity outside of the retail and apparel industry. He will remain with the company through the end of the calendar year.

The company said it has started a global search for its next CFO, and during the transition Melissa Stone will serve as interim CFO. Stone is currently an executive vice president with PVH.

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