PVH Corp Boosts Revenue Forecast Amid Brand Growth and Tariff Challenges

PVH Corp raised its revenue forecast due to strong sales from Tommy Hilfiger and Calvin Klein. Analysts project a modest upside for PVH Corp with a target price of $87.92 and an "Outperform" rating. GuruFocus estimates a potential upside of 29.59% from its current market price of $82.49.

PVH Corp (NYSE: PVH) has reported a robust second quarter, with revenue increasing by 4% to $2.167 billion compared to the prior year period, surpassing guidance. The company's adjusted earnings per share (EPS) of $2.52 also exceeded expectations, coming in at $1.85 to $2.00. This positive performance has led PVH Corp to raise its full-year revenue forecast and reaffirm its outlook for non-GAAP earnings [1].

The strong results were driven by the continued growth of the company's iconic brands, Calvin Klein and Tommy Hilfiger. Calvin Klein reported a 5% increase in revenue, with underwear and fashion denim leading the charge. Tommy Hilfiger's summer season was successfully amplified by a strong campaign around the summer's biggest blockbuster film, F1® The Movie, and a partnership with the US SailGP racing team. These efforts have contributed to a 4% increase in Tommy Hilfiger's revenue [1].

Analysts have responded positively to the news. The consensus target price for PVH Corp is $87.92, with an "Outperform" rating, indicating a modest upside potential. GuruFocus estimates a potential upside of 29.59% from its current market price of $82.49 [1].

Despite the positive outlook, PVH Corp is aware of the challenges posed by ongoing macroeconomic uncertainty, including evolving global trade landscapes. The company's outlook includes an estimated net negative impact related to tariffs, currently in place for goods coming into the U.S., and a partially offsetting impact of planned mitigation actions. Additionally, there is an estimated positive impact related to foreign currency translation [1].

PVH Corp's disciplined execution of its PVH+ Plan has driven revenue growth and better-than-expected non-GAAP EBIT margins. The company continues to focus on next-level execution, brand-building initiatives, and cost efficiencies to drive strategic growth [1].

References:
[1] PVH Corp. (2025). PVH Corp. Reports 2025 Second Quarter Reported Revenue and Earnings Above Guidance and Reaffirms Full Year Outlook. Business Wire. Retrieved from https://www.pvh.com/news/press-releases/PVH-Corp-Reports-2025-Second-Quarter-Reported-Revenue-and-Earnings-Above-Guidance-and-Reaffirms-Full