PVH Corp. (PVH) Earnings: Q2 Fiscal 2026 Results and Next Report Date

The quarter ended August 2, 2026 and PVH Corp. published the results on September 2, 2026. Revenue and diluted EPS are shown against Q2 fiscal 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. PVH Corp. reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• PVH's fiscal year ends on the Sunday closest to February 1 and is named for the calendar year in which it begins. Q2 fiscal 2026 is the 13 weeks ended August 2, 2026.
• The GAAP loss includes a $439 million noncash goodwill impairment charge on the EMEA reporting unit. Both GAAP and non-GAAP results include a $107 million benefit from refunds of previously paid U.S. tariffs, worth about $1.80 a share.
• Year-ago GAAP EPS of $4.63 included an income tax benefit of $113.0 million, which is why net income fell from a profit to a loss while non-GAAP EPS rose.

Source: PVH Corp. Q2 2026 results, September 2, 2026. Also in the Form 10-Q for the quarter ended August 2, 2026. Figures as reported; checked against the release on November 10, 2026.

How PVH Corp. splits revenue in its own release, under its own labels, for Q2 fiscal 2026 against Q2 fiscal 2025. Indented lines are parts of the line above them.

• PVH Corp.'s EMEA revenue was $986 million in Q2 fiscal 2026, down 6% from $1.0 billion in Q2 fiscal 2025, 47% of total revenue.
• PVH Corp.'s Americas revenue was $680 million in Q2 fiscal 2026, down 1% from $684 million in Q2 fiscal 2025, 32% of total revenue.
• PVH Corp.'s APAC revenue was $344 million in Q2 fiscal 2026, up 3% from $335 million in Q2 fiscal 2025, 16% of total revenue.
• PVH Corp.'s Licensing revenue was $86.9 million in Q2 fiscal 2026, down 13% from $99.5 million in Q2 fiscal 2025, 4% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q2 fiscal 2026 release, PVH Corp. said:

“Revenue: Projected to decrease low single-digits compared to the prior year period (decrease low single-digits on a constant currency basis).”

“EPS: Projected to be in a range of $2.50 to $2.65 on a non-GAAP basis compared to $2.83 on a non-GAAP basis in the prior year period.”

“Operating margin: Projected to be approximately 7.5% on a non-GAAP basis, compared to 8.8% on a non-GAAP basis in the prior year period.”

“EPS: Reaffirming outlook in a range of $11.80 to $12.10 on a non-GAAP basis compared to $11.40 on a non-GAAP basis in the prior year.”

Source: PVH Q2 2026 earnings release, Sep 2, 2026.

This is the company's own guidance as of Sep 2, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the PVH forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP revenue and diluted EPS, each as first reported in that quarter's release.

PVH Corp.'s next report is expected around December 2, 2026, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q2 fiscal 2026 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q2 fiscal 2026 (this page), reported Sep 2, 2026

PVH Corp. reported revenue of $2,097.0 million in Q2 fiscal 2026, down 3% from $2,167.2 million, and also down 3% in constant currency. By segment, EMEA brought in $986.3 million, Americas $680.1 million, APAC $343.7 million and Licensing $86.9 million. By brand, Tommy Hilfiger revenue was $1,131.8 million, Calvin Klein $913.3 million and Heritage Brands $51.9 million. (PVH Q2 2026 earnings release, Sep 2, 2026)

EMEA, PVH's largest segment, fell 6%, which PVH tied to soft consumer demand from the prolonged effects of the conflict in the Middle East, with the decline mainly in wholesale. Americas fell 1% because a shift of wholesale shipments, mainly Calvin Klein, into the second half of the year outweighed revenue from bringing previously licensed TOMMY HILFIGER women's categories in-house. APAC grew 3%. Licensing fell 13% because of planned license transitions in North America that PVH expects to finish by the end of 2026. (PVH Q2 2026 earnings release, Sep 2, 2026)

By channel, wholesale revenue was $954.0 million, down from $1,013.1 million, with declines in all regions. Retail revenue was $1,056.1 million, about flat: owned and operated stores brought in $862.0 million, down 1%, and digital commerce sites $194.1 million, up 4%. (PVH Form 10-Q, Q2 2026, Sep 2, 2026; PVH Q2 2026 earnings release, Sep 2, 2026)

Calvin Klein revenue fell 7%, including an approximately 4% hit from Americas wholesale shipment timing. Tommy Hilfiger was about flat, including an approximately 3% lift from the in-house transition of its women's categories. The two brands together generated over 95% of PVH's revenue in 2025, when total revenue was $9.0 billion. (PVH Q2 2026 earnings release, Sep 2, 2026; PVH Form 10-K, fiscal 2025, Mar 31, 2026)

Gross margin was 63.0%, against 57.7%. PVH said about 510 basis points of the 530 basis point increase came from tariff refunds: it received cash refunds of IEEPA tariffs for all the claims it had submitted under the U.S. Customs and Border Protection refund program and recognized a $106.7 million benefit in cost of goods sold, all in the Americas segment. (PVH Q2 2026 earnings release, Sep 2, 2026; PVH Form 10-Q, Q2 2026, Sep 2, 2026)

PVH Corp. reported a GAAP loss of $2.23 a share in Q2 fiscal 2026, against GAAP EPS of $4.63 a year earlier, and non-GAAP EPS of $3.70, against $2.52. The gap is mainly a $439.0 million noncash goodwill impairment on the EMEA reporting unit, which PVH tested after the Middle East conflict led it to revise its 2026 outlook in June. Non-GAAP results also exclude $9.9 million of severance and a $25.4 million gain on the sale of a warehouse and distribution center under its Growth Driver 5 Actions. (PVH Q2 2026 earnings release, Sep 2, 2026; PVH Form 10-Q, Q2 2026, Sep 2, 2026)

Both GAAP and non-GAAP EPS include an approximately $1.80 per share benefit from the tariff refunds. The GAAP effective tax rate was 49.2%, against (101.6)% a year earlier, when an income tax benefit of $113.0 million lifted GAAP net income to $224.2 million. On a non-GAAP basis the tax rate was 22.2%, against 21.8%. (PVH Q2 2026 earnings release, Sep 2, 2026)

Diluted shares were 46.1 million, against 48.5 million a year earlier. PVH made no repurchases under its stock repurchase program in the first six months of 2026 and said it expects to buy back at least $300 million of stock in full year 2026. (PVH Form 10-Q, Q2 2026, Sep 2, 2026; PVH Q2 2026 earnings release, Sep 2, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

PVH Corp. reaffirmed its full year 2026 outlook: revenue approximately flat on a reported basis, a non-GAAP operating margin of about 8.8% and non-GAAP EPS of $11.80 to $12.10, against $11.40 in 2025. That EPS range includes an estimated positive foreign currency impact of about $0.40 a share. PVH lowered its net interest expense forecast to about $70 million from about $75 million. (PVH Q2 2026 earnings release, Sep 2, 2026)

For Q3 fiscal 2026 PVH projected revenue down low single digits, a non-GAAP operating margin of about 7.5%, against 8.8% a year earlier, and non-GAAP EPS of $2.50 to $2.65, against $2.83. It said it could not project GAAP operating margin, EPS or tax rate without unreasonable efforts. (PVH Q2 2026 earnings release, Sep 2, 2026)

A consensus figure is the average of the models published by the analysts who cover PVH Corp., collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones PVH Corp.'s own release and filings put weight on for Q2 fiscal 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning PVH is on is PVH a buy or a sell?, what analysts expect next is on the PVH forecast, and what the company does is on the PVH Corp. (PVH) stock page.

Every number on this page can be traced to a document PVH Corp. published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.