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PVH Q2 Revenue Drops Amid Iran War Pressure

Wall Street Journal US Business •
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PVH, the owner of Tommy Hilfiger and Calvin Klein, reported a second-quarter loss of $102.9 million, compared with a profit of $224.2 million a year earlier. The company's quarterly results reflect mounting financial strain tied to broader geopolitical pressures, with the ongoing conflict involving Iran cited as a contributing factor weighing on revenue. The swing from a sizable profit to a loss underscores the volatility facing apparel retailers exposed to shifting trade conditions and global instability.

Investors will be watching closely as PVH navigates the headwinds in the coming quarters.