PVH Corp. Beats 3Q Revenue Estimates, Maintains Full-Year Guidance

PVH Corp. reported revenue of $2.26 billion in the third quarter, down 5 percent year-over-year and slightly beating prior estimates of a 6 to 7 percent decrease. The company’s flagship brands Tommy Hilfiger and Calvin Klein — both in the midst of turnarounds — saw revenue down for the quarter.

Net income fell 18.4 percent to $131.9 million, from $161.6 million in 2023. Revenue in the company’s international business was flat year-over-year, as growth in Asia — where the company has…