PVH sinks when the owner of Calvin Klein claims that the tariffs will hurt profit

PVH shares (PVH) He stopped on Thursday by 17%, the day after the clothing manufacturer warned that the profit for the whole year would be reduced by the new US tariffs.

The company standing behind the brands Calvin Klein and Tommy Hilfiger announced that now he can see that 2025 Profit (EPS) from USD 10.75 to USD 11.00, compared to an earlier perspective of USD 12.40 to USD 12.75. Explained that the guidelines “reflect the estimated negative net influence associated with currently applicable tariffs for goods arriving in the USA, including about $ 65 million, unchanged impact on the whole year 2025 EBITThat is about USD 1.05 per share. “He added that the effects would be partially compensated by” planned soothing activities “in the second half of the year.

CFO Zac Coughlin said that PVH “reduces our prospects for profitability and profit to shares to reflect this background and current results of our business.”

PVH Q1 results The most important estimates

Sustainable messages better than the expected results of the first quarter, increased by demand in America and Europe, the Middle East and Africa (EMEA). The company has published corrected EPS worth $ 2.30, with revenues increased by 2% year to USD 1.98 billion. Both have exceeded visible alpha forecasts.

Sales in the Americas increased by 7% to USD 608.4 million, and 5% to USD 927.7 million in EMEA. However, sales dropped by 13% to USD 351.7 million in the Asia and Pacific region, and license revenues fell by 1.5% to USD 95.8 million.

The sale of Tommy Hilfiger increased by 3.4% to $ 1.05 billion, while the sale of Calvin Klein was essentially flat was 886.1 million USD. The sale of her brand Heritage dropped by 5% to $ 49.4 million.

Along with today’s violent decline, PVH shares lost over a third of their value this year.