Filing Flows › PVH (PVH) › Q1 FY27
PVH (PVH) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jun 5, 2026
PVH (PVH) reported revenue of $2.0B for the first quarter fiscal 2027 (Q1 FY27), +2% from a year earlier and -19% from the quarter before. Operating margin was 6.1%, net earnings $88.0M (4.3% of revenue).
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 follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.0B | -19% | +2% |
| Gross profit | $1.2B | -18% | +2% |
| Operating profit | $124M | -50% | — |
| Net earnings | $88.0M | — | — |
| Operating cash flow | −$46.5M | -108% | — |
What changed
Revenue was $2.0B in Q1 FY27, up 2% year over year and down 19% from the previous quarter. EMEA Segment was the largest line at 47% of revenue. APAC Segment added $0.04B year over year (up 10%), 85% of the total change. Licensing Segment declined 7%.
Gross margin was 58.6%, unchanged from Q1 FY26. Operating profit was $0.12B, a 6.1% margin (up 22.9 points year over year). Operating expenses fell 29% while revenue rose 2%. Net earnings were $0.09B. The effective tax rate was 18.9%.
Operating cash flow was −$0.05B. Non-cash charges added back $0.06B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.21B. Capital expenditures of $0.04B exceeded it, leaving free cash flow of −$0.09B.
Questions
What was PVH's revenue in the first quarter fiscal 2027?
PVH (PVH) reported revenue of $2.0B for the first quarter fiscal 2027 (Q1 FY27), +2% from a year earlier and -19% from the quarter before.
Was PVH profitable in the first quarter fiscal 2027?
Operating profit was $124M (6.1% of revenue) and net earnings $88.0M.
Source: PVH 10-Q on SEC EDGAR.