PVH Stock Rises 10% After Tommy Hilfiger Parent Beats Earnings Expectations

Aditya Raghunath4 minute read
Reviewed by: Thomas Richmond
Last updated Apr 2, 2026

Key Stats for PVH Stock

  • Price change for PVH stock 10%
  • $PVH Stock Price as of Apr. 1: $77
  • 52-Week High: $90
  • $PVH Stock Price Target: $95

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What Happened?

PVH (PVH) stock jumped over 9% yesterday after the Calvin Klein and Tommy Hilfiger parent company posted a strong Q4 earnings beat.

  • EPS came in at $3.82, well above the $3.30 expected by analysts.
  • Revenue hit $2.51 billion, topping estimates of $2.43 billion.
  • Both numbers were better than expected, and the market noticed.

The results weren’t just a one-quarter fluke either.

  • Operating margin reached 10% for the quarter — impressive considering tariffs knocked about 170 basis points off that figure.
  • Without the tariff headwind, margins would have been closer to 11.7%.
  • The company also returned over $560 million to shareholders through buybacks during the full year.
PVH Stock Q4 Earnings vs. Estimates in Billion USD (TIKR)

A lot of the momentum came from brand heat.

  • Calvin Klein is having a cultural moment right now, partly driven by the Hulu show Love Story — Hulu’s most-streamed show ever, with over 40 million viewers.
  • That translated directly into higher e-commerce traffic and stronger sell-through on iconic products like ’90s-fit denim and underwear.
  • Tommy Hilfiger is also building real commercial momentum through its Liverpool FC and Cadillac Formula 1 partnerships, with the Liverpool announcement becoming the brand’s most-engaged social post ever.

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What the Market Is Telling Us About PVH Stock

PVH stock had been under pressure heading into earnings.

Tariffs, cautious wholesale partners, and uneven consumer spending across regions had weighed on sentiment.

But this quarter showed that the company can navigate those headwinds while still delivering growth.

Looking ahead, management guided for 2026 EPS of $11.80 to $12.10, up from $11.40 in 2025.

That’s solid growth, considering tariffs are expected to be a bigger drag this year, with a gross impact of around $195 million.

The company plans to mitigate over 60% of that through sourcing changes and pricing power, with mitigation improving each quarter.

PVH Stock Valuation Model (TIKR)

Direct-to-consumer is expected to grow across both brands and all three regions in 2026.

That matters because D2C carries better margins than wholesale and gives PVH more control over the brand experience.

For PVH stock, the key question now is whether the brand momentum holds.

Early spring sell-through trends are positive, and European wholesale order books for fall are up.

That’s a decent setup heading into a year that still carries real macro uncertainty.

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Disclaimer:

Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!

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