AGM/EGMMay 8, 2026, 12:47 PM
PVH Corp. Sets 2026 AGM, Reports FY25 Revenue $9.0B, Repurchases $561M
AI Summary
PVH Corp. announced its 2026 Annual Meeting of Stockholders to be held virtually on June 18, 2026. Stockholders will vote on the election of ten directors, an advisory resolution on executive compensation, amendments to the Stock Incentive Plan, and auditor ratification. The company reported fiscal year 2025 revenue of $9.0 billion, a 3% increase, and returned over $560 million to shareholders through stock repurchases, driven by progress on its PVH+ Plan. Additionally, PVH amended its By-Laws to lower the special meeting threshold to 25% of outstanding shares.
Key Highlights
- 2026 Annual Meeting of Stockholders to be held virtually on June 18, 2026.
- Fiscal year 2025 revenue increased 3% to $9.0 billion.
- Non-GAAP operating margin for FY25 was 8.8%.
- Repurchased 7.7 million shares for $561 million in FY25.
- Tommy Hilfiger revenue increased 4%; Calvin Klein revenue increased 3% in FY25.
- Stockholders to vote on director election, executive compensation, and Stock Incentive Plan amendments.
- By-Laws amended to lower special meeting threshold to 25% of outstanding shares.
- Discontinued stock options for CEO and CFO, adding value to RSU awards.