Core Insights - PVH Corporation is expected to report a year-over-year decline in earnings for the third quarter of fiscal 2025, with revenues projected at $2.3 billion, reflecting a growth of 0.6% from the previous year. However, earnings per share are estimated to decline by 15.5% year over year to $2.56 [1][8]. Financial Performance - The Zacks Consensus Estimate for PVH's fiscal third-quarter earnings has remained unchanged at $2.56 per share, indicating a significant decline compared to the previous year [1]. - In the last reported quarter, PVH delivered an earnings surprise of 27.92%, with an average trailing four-quarter earnings surprise of 12.30% [2]. Factors Impacting Earnings - PVH is facing a challenging operating environment, particularly in the Asia-Pacific region, with weak consumer sentiment in China impacting performance [3]. - The company is experiencing gross margin pressure due to a promotional retail environment, increased costs, and delays in Calvin Klein products. A gross margin decline of approximately 175 basis points year over year is anticipated, with 80 basis points attributed to unmitigated tariff impacts [4]. Management Guidance - Management has projected that third-quarter fiscal 2025 sales will be flat to slightly up on a reported basis, but slightly down on a constant-currency basis. Adjusted earnings per share are expected to be between $2.35 and $2.50, down from $3.03 in the prior year [5]. - Interest expenses are expected to rise to $22 million, up from $16 million in the same quarter last year, due to financing costs related to accelerated share repurchase agreements [5]. Brand Performance and Market Position - Despite headwinds, PVH's diversified brand portfolio and the momentum from its PVH+ Plan provide offsets. The strength of Calvin Klein and Tommy Hilfiger is evident in product innovation and improved direct-to-consumer trends [6]. - Positive forward-looking wholesale order books in Europe and improvements in North America direct-to-consumer traffic indicate strong underlying brand health [6]. Valuation Perspective - PVH shares are trading at a forward 12-month price-to-earnings ratio of 7.44X, which is below the five-year median of 8.30X and the industry average of 16.11X, presenting an attractive investment opportunity [9]. Market Movements - PVH's shares have gained 1.1% over the past three months, contrasting with a 7.6% decline in the industry [10].

Core Insights - Wall Street analysts forecast PVH will report quarterly earnings of $2.56 per share, reflecting a year-over-year decline of 15.5% [1] - Anticipated revenues for PVH are projected at $2.27 billion, showing a slight increase of 0.6% compared to the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a reevaluation of initial estimates by analysts [1] Revenue Estimates by Brand - Analysts estimate 'Revenue by Brand - Heritage Brands' at $71.33 million, representing an increase of 18.3% from the prior-year quarter [4] - 'Revenue by Brand - Calvin Klein' is expected to reach $981.18 million, indicating a decline of 1.3% from the previous year [4] - 'Revenue by Brand - Tommy Hilfiger' is projected at $1.22 billion, reflecting a growth of 1.4% compared to the year-ago quarter [5] Market Performance - PVH shares have increased by 4.5% over the past month, outperforming the Zacks S&P 500 composite, which rose by 0.4% [5] - PVH holds a Zacks Rank of 4 (Sell), suggesting it is expected to underperform the overall market in the near term [5]

The market expects PVH (PVH) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended October 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Decem ...

This story was originally published on CFO.com. To receive daily news and insights, subscribe to our free daily CFO.com newsletter. Mark Mason | Citi Mark Mason will step down as CFO of Citi in early March 2026. Mason, who joined the bank in 2001 and became CFO in 2019, will transition to the role of executive vice chair and senior executive adviser to the Chair/CEO. Mason held several senior operational, strategic and financial leadership positions throughout his tenure, including CFO of the Institutional ...

Core Insights - Estée Lauder Companies (ELC) is experiencing a turnaround, having exceeded revenue and earnings expectations in its latest quarter, with a focus on stabilization and credibility [1][4] - The "Beauty Reimagined" strategy aims to restore credibility, address declining sales, and improve market agility while responding to competition [2][3] Financial Performance - For the quarter ending September 30, ELC reported a 4% year-over-year sales growth in Q1 fiscal 2026, indicating early recovery in China and travel retail [4] - The company noted margin expansion, nearly doubled EPS, and 3% organic sales growth, reflecting a strategic long-term investment approach rather than short-term cost-cutting [5] - Operating margin increased by 300 basis points to 7.3%, supported by a 3% reduction in non-consumer-facing costs [6] Strategic Focus - ELC is prioritizing consumer needs by investing in media, product innovation, and new product launches, such as La Mer night products and Clinique serums [7] - The company has restructured to empower regional teams, allowing for faster decision-making and greater accountability [8] Leadership Philosophy - ELC's leadership philosophy is built on four pillars: behave like owners, put the consumer first, create value, and uphold governance with courage [9][10] - The finance function is emphasized to drive demand rather than merely manage costs [9] Leadership Experience - CFO Akhil Shrivastava's extensive background at Procter & Gamble has informed his approach at ELC, emphasizing a deep understanding of consumer needs and strategic prioritization [11][12]

Core Insights - PVH Corp's CFO Zac Coughlin will leave the company at the end of 2025, remaining until year-end and participating in the upcoming Q3 earnings call [1] - The company reaffirmed its Q3 and full-year 2025 revenue and non-GAAP earnings guidance [1] Leadership Changes - CEO Stefan Larsson expressed gratitude for Coughlin's contributions, highlighting his role in advancing the PVH+ Plan and driving cost efficiencies [2] - Melissa Stone has been appointed as interim CFO while the company searches for Coughlin's successor [2] Background of Key Personnel - Melissa Stone has over two decades of experience at PVH, previously holding senior finance roles [3] - Zac Coughlin has a diverse background, having served as group CFO and COO at DFS (LVMH subsidiary) and CFO of Converse at Nike, along with over a decade in finance at Ford Motor Company [3] Future Outlook - Coughlin expressed pride in his role at PVH and optimism for the continued momentum of the PVH+ Plan under the leadership of CEO Stefan Larsson [4] - In October 2025, Patricia Gabriel was appointed as the new chief supply chain officer and global head of operations, replacing David Savman [4]

This audio is auto-generated. Please let us know if you have feedback Dive Brief:PVH Corp. Chief Financial Officer Zac Coughlin is leaving the apparel retailer to take the CFO spot at SiriusXM, the companies announced Tuesday.Melissa Stone, a 20-year PVH veteran who is executive vice president of global financial planning and analysis, will take on Coughlin’s duties during a global search for his replacement.Coughlin, who arrived at PVH in early 2022, will stay through the end of the year and participate i ...

Financial Guidance - PVH Corp. confirmed its revenue and earnings guidance for Q3 and full year 2025 on a non-GAAP basis[7]. Executive Changes - Zachary Coughlin, the Chief Financial Officer, will leave the company on December 31, 2025, prompting a search for a successor[9]. - Melissa Stone will serve as Interim Chief Financial Officer while the company searches for Mr. Coughlin's replacement[10]. Compensation and Benefits - Ms. Stone's base salary will increase by $20,833 monthly starting January 1, 2026, for a minimum of six months[12]. - A one-time grant of restricted stock units valued at $200,000 will vest in two equal installments on the first and second anniversaries of the grant date[12]. - A one-time cash bonus of $300,000 will be payable 90 days after Mr. Coughlin's replacement starts, contingent on Ms. Stone's continued employment[12]. - The company will cover up to $5,000 in legal fees related to Ms. Stone's interim role[12]. Press Release - The press release detailing these changes was issued on November 18, 2025[13].

Core Insights - PVH Corp. has announced a transition in its Chief Financial Officer (CFO) position, indicating a significant change in the company's financial leadership [1] Company Summary - The announcement of the CFO transition suggests a strategic shift within PVH Corp., which may impact its financial strategies and operational performance moving forward [1]

Updated 4:55 p.m. ET Nov. 18 Zac Coughlin, who’s been chief financial officer of PVH Corp. since 2022, is moving on to become finance chief at SiriusXM. More from WWD He will stay on until the end of December at the Calvin Klein and Tommy Hilfiger parent company. PVH on Tuesday reaffirmed its revenue and profit guidance for the rest of the year and said Coughlin would be on hand for the company’s third-quarter earnings call on Dec. 4. The timing gives PVH a little cushion to find someone new, but CFO is ...