What changed
PVH printed Q2 FY26 adjusted EPS of $3.70, beating consensus of $3.08 by $0.62, or +20.1%. Revenue was $2.097B, down 3.2% YoY. FY2026 adjusted EPS guidance was reaffirmed at $11.80–$12.10, with Q3 FY26 guided to $2.50–$2.65. The beat was aided by an approximately $1.80 per share benefit from tariff refunds.
Why it matters
PVH printed Q2 FY26 adjusted EPS of $3.70, beating consensus of $3.08 by $0.62, or +20.1%. Revenue was $2.097B, down 3.2% YoY. FY2026 adjusted EPS guidance was reaffirmed at $11.80–$12.10, with Q3 FY26 guided to $2.50–$2.65. The beat was aided by an approximately $1.80 per share benefit from tariff refunds.