PVH stock reports a Q2 earnings beat with EPS at USD 3.70

PVH stock stood at USD 75.73 on the NYSE on September 24, 2026, up 0.45 percent in intraday trading. The apparel group reported second-quarter 2026 revenue of USD 2.097 billion, while non-GAAP EPS reached USD 3.70, according to PVH.

Revenue falls 3 percent

PVH's Q2 revenue declined 3 percent from the prior-year period to USD 2.097 billion. The company said the result was at the high end of its reported guidance, while constant-currency revenue also declined 3 percent.

The earnings mix was more favorable than the sales line. Non-GAAP EPS of USD 3.70 exceeded PVH's guidance range of USD 3.00 to USD 3.10, while GAAP EPS was a loss of USD 2.23 after impairment and other items, according to PVH.

EPS beat carries the quarter

The adjusted earnings beat was also visible against external expectations. MarketBeat reported Q2 EPS of USD 3.70 versus consensus of USD 3.08, a positive difference of USD 0.62, while revenue of USD 2.10 billion compared with a USD 2.09 billion estimate, according to MarketBeat.

PVH reaffirmed full-year 2026 non-GAAP EPS guidance of USD 11.80 to USD 12.10 and an operating margin target of 8.8 percent. The second-quarter non-GAAP operating margin was 11.1 percent, giving the company 2.3 percentage points of room above that full-year target.

Stock stays below its yearly high

At USD 75.73 on September 24, 2026, PVH stock was 24.82 percent below its 52-week high of USD 100.75 and 27.06 percent above its 52-week low of USD 59.60. The market capitalization was USD 3,491,766,413 on the same date.