Filing Flows › PVH (PVH) › Q4 FY25
PVH (PVH) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Apr 1, 2025
PVH (PVH) reported revenue of $2.4B for the fourth quarter fiscal 2025 (Q4 FY25), -5% from a year earlier and +5% from the quarter before. Operating margin was 8.9%, net earnings $157M (6.6% of revenue).
PVH, Q4 FY25: revenue $2.4B (-5% year over year), operating margin 8.9%, net earnings $157M, operating cash flow $486M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.4B | +5% | -5% |
| Gross profit | $1.4B | +5% | -8% |
| Operating profit | $210M | +15% | -41% |
| Net earnings | $157M | +19% | -42% |
| Operating cash flow | $486M | 17× | -26% |
| Free cash flow | $443M | — | -23% |
What changed
Revenue was $2.4B in Q4 FY25, down 5% year over year and up 5% from the previous quarter. Tommy Hilfiger International was the largest line at 37% of revenue.
Gross margin was 58.2%, down 2.0 points from a year earlier. Operating profit was $0.21B, a 8.9% margin (down 5.5 points year over year). Operating expenses grew 2% against a revenue fall of 5%. Net earnings were $0.16B, down 42% year over year. The effective tax rate was 20.0%.
Operating cash flow was $0.49B (down 26% year over year), 309% of net earnings. Non-cash charges added back $0.07B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.24B. Capital expenditures of $0.04B left free cash flow of $0.44B.
Questions
What was PVH's revenue in the fourth quarter fiscal 2025?
PVH (PVH) reported revenue of $2.4B for the fourth quarter fiscal 2025 (Q4 FY25), -5% from a year earlier and +5% from the quarter before.
Was PVH profitable in the fourth quarter fiscal 2025?
Operating profit was $210M (8.9% of revenue) and net earnings $157M.
Source: PVH 10-K on SEC EDGAR.