04:39 PM EDT, 06/04/2025 (MT Newswires) -- PVH (PVH) reported Q1 non-GAAP earnings late Wednesday of $2.30 per diluted share, down from $2.45 a year earlier.

Analysts polled by FactSet expected $2.25.

Revenue for the quarter ended May 4 was $1.98 billion, up from $1.95 billion a year earlier.

Analysts surveyed by FactSet expected $1.93 billion.

The company set Q2 non-GAAP EPS guidance of $1.85 to $2.00. Analysts surveyed by FactSet expect $2.46. The company projects revenue for the quarter to increase by low single digits year over year. Analysts surveyed by FactSet expect revenue of $2.08 billion.

The company cut its 2025 non-GAAP EPS guidance to $10.75 to $11 from $12.40 to $12.75 previously, and reaffirmed its revenue growth guidance of flat to increase slightly. Analysts surveyed by FactSet expect non-GAAP EPS of $12.41 on revenue of $8.72 billion.

Shares of the company were down 7.4% in after-hours activity.

Price: 74.84, Change: -5.97, Percent Change: -7.39