PVH(PVH) - 2024 Q1 - Earnings Call Transcript

Now moving onto our outlook, starting with the second quarter, we are projecting second quarter revenue to decline 6% to 7% as reported, and 5% to 6% on a constant currency basis compared to the prior year, including a 3% decline due to the sale of the heritage intimates business. While we are projecting first quarter trends in our direct-to-consumer businesses to continue into 2Q with low single-digit growth on a constant currency basis, we expect this will be more than offset by a similar decline in whole ...