Filing Flows › PVH (PVH) › Q1 FY27 › vs Q4 FY26
PVH (PVH) Q1 FY27 vs Q4 FY26 (quarter over quarter)
PVH's revenue fell $480M (-19%) from $2.5B in Q4 FY26 to $2.0B in Q1 FY27. Gross margin 58.6% against 57.6% (+1.0 pts).
PVH, Q1 FY27: revenue $2.0B (+2% year over year), operating margin 6.1%, net earnings $88.0M, operating cash flow −$46.5M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 58.6% | 57.6% | +1.0 pts |
| Operating margin | 6.1% | 9.9% | -3.8 pts |
| Net margin | 4.3% | -6.3% | +10.7 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $2.0B | $2.5B | −$480M | -19% |
| Gross profit | $1.2B | $1.4B | −$257M | -18% |
| Cost of revenue | $839M | $1.1B | −$223M | -21% |
| Operating profit | $124M | $249M | −$124M | -50% |
| Operating expenses | $1.1B | $1.2B | −$133M | -11% |
| Pre-tax earnings | $108M | $229M | −$121M | -53% |
| Other expense, net | $15.8M | $19.4M | −$3.6M | -19% |
| Net earnings | $88.0M | −$158M | $246M | — |
| Income tax | $20.5M | $388M | −$367M | -95% |
| Operating cash sources | $209M | −$668M | $877M | — |
| Depreciation & amortization | $62.6M | $66.5M | −$3.9M | -6% |
| Share-based compensation | $12.0M | $7.1M | $4.9M | +69% |
| Cash used in operations | $46.5M | −$583M | $630M | — |
| Working capital & other | $209M | −$668M | $877M | — |
Questions
How much did PVH's revenue grow quarter over quarter in Q1 FY27?
PVH's revenue fell $480M (-19%) from $2.5B in Q4 FY26 to $2.0B in Q1 FY27. Gross margin 58.6% against 57.6% (+1.0 pts).