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NEW YORK - PVH Corp. [NYSE:PVH], the parent company of fashion brands Calvin Klein and TOMMY HILFIGER, announced Wednesday that its Board of Directors’ Executive Committee has declared a quarterly cash dividend of $0.0375 per share. The company has maintained dividend payments for 55 consecutive years, demonstrating strong financial stability. According to InvestingPro data, PVH currently offers a dividend yield of 0.2% and maintains impressive gross profit margins of nearly 59%.
The dividend will be payable on September 24, 2025, to stockholders of record as of September 3, 2025, according to a company press release.
PVH Corp., which describes itself as one of the world’s largest fashion companies, has been in operation for more than 140 years and currently operates in over 40 countries worldwide.
The company’s stock is traded on the New York Stock Exchange under the ticker symbol PVH.
In other recent news, PVH Corp reported first-quarter earnings that exceeded Wall Street expectations, with earnings per share of $2.30 compared to the forecasted $2.23. The company’s revenue also surpassed projections, coming in at $1.98 billion against an anticipated $1.93 billion. Despite these positive results, PVH Corp adjusted its fiscal year 2025 earnings per share guidance downward by approximately 14%, citing limited tariff mitigation options and challenges with the Calvin Klein platform. In response to these developments, Jefferies and Needham both lowered their price targets for PVH Corp, with Jefferies adjusting to $95 and Needham to $100, though both maintained a Buy rating. Additionally, PVH Corp has announced the offering of $500 million in senior notes due 2030, with an interest rate of 5.500%, underwritten by major firms including Barclays Capital and BofA Securities. This strategic financial move comes amid ongoing market challenges and a significant decline in the company’s stock price. Despite the current market sentiment, analysts at Needham see potential for positive medium-term risk and reward, given the stock’s low trading multiple.
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