PVH gross margin rises 530 bps as net loss widens
PVH said revenue declined 3% year over year to $2.10 billion. Gross margin rose 530 bps to 63.0% on a $107 million tariff refund, while a $439 million goodwill impairment in EMEA drove a $102.9 million net loss.
Revenue declined 3% year-over-year to $2.10 billion, with gross margin up 530 bps to 63.0% due to a $107 million tariff refund.
Net loss was $102.9 million, driven by a $439 million goodwill impairment in EMEA, while cash flow and liquidity improved.Original document: PVH Corp. [PVH] SEC 10-Q Quart…