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Update: PVH Q4 Tops Estimates; Issues Outlook; Shares Rise Tuesday
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Update: PVH Q4 Tops Estimates; Issues Outlook; Shares Rise Tuesday
Apr 1, 2025 7:19 AM

10:04 AM EDT, 04/01/2025 (MT Newswires) -- (Updates stock move in the headline and first paragraph.)

PVH (PVH) shares were rising past 17% in recent Tuesday trading after it reported Monday Q4 non-GAAP diluted earnings and revenue that came in above analysts' estimates.

The company reported fiscal Q4 non-GAAP diluted earnings of $3.27 per share, down from $3.72 a year earlier. Analysts polled by FactSet expected $3.21.

Revenue for the quarter ended Feb. 2 was $2.37 billion, down from $2.49 billion. Analysts surveyed by FactSet expected $2.33 billion.

The company said it expects non-GAAP EPS of $2.10 to $2.25 for Q1 and $12.40 to $12.75 for full-year 2025. Analysts expected $2.24 for the quarter and $11.43 for the year.

PVH also said it plans to enter into an accelerated share purchase agreements with one or more dealers in April to repurchase $500 million of its shares during the year.

The agreements will be included under its current $5 billion stock repurchase authorization, which had $1.8 billion available for repurchases as of Feb. 2, PVH said.

Price: 76.37, Change: +11.73, Percent Change: +18.15

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