PVH Corp has reported a 6 per cent revenue decline to $8.653 billion in FY24, impacted by the sale of its women’s intimate’s business and the 53rd week in 2023.
Tommy Hilfiger and Calvin Klein revenues dipped, while Heritage Brands plunged 57 per cent.
FY24 non-GAAP EPS rose to $11.74.
For FY25, revenue is expected to be flat or slightly higher, with EPS projected between $12.40 and $12.75.