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PVH PVH Licensing Segment — Cost of goods sold

Other segment segments

EMEA Segment
$396.2M
Americas Segment
$337.1M
APAC Segment
$105.6M

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Other financials

Income statement

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Revenue$2.0B+2.1%
Gross profit$1.2B+2.1%
Operating income$124.3M+137%
Net income$88.0M+296%
EPS (diluted)$1.90+316%

Balance sheet

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Cash & equivalents$592.5M+210%
Total debt$4.2B+30.9%
Total equity$4.9B+6.0%
Total assets$11.3B+6.3%

Cash flow

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Operating cash flow-$46.5M+34.9%
CapEx$39.5M+47.9%
Free cash flow-$86.0M+12.3%

Valuation

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Market cap$3.99B+11.1%
Enterprise value$7.61B-0.1%
P/E14.7×+4.4×
P/S0.4×0.0×

Profitability

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Gross margin57.5%-1.3pp
Operating margin7.6%+4.9pp
Net margin3.9%-4.3pp
FCF margin6.1%-0.8pp

Returns & leverage

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Return on equity6.7%-7.1pp
Debt / equity0.9×+0.2×
Current ratio1.7×+0.6×

Where this comes from

Reported directly by PVH in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: PVH’s 10-Q, filed June 5, 2026.

Filed
Jun 5, 2026, 11:11 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0000078239-26-000040
(In millions)Thirteen Weeks Ended / 5/3/2026 / EMEAThirteen Weeks Ended / 5/3/2026 / AmericasThirteen Weeks Ended / 5/3/2026 / APACThirteen Weeks Ended / 5/3/2026 / LicensingThirteen Weeks Ended / 5/3/2026 / Total
Revenue$946.1$602.9$387.0$89.1$2,025.1
Cost of goods sold (1)(396.2)(337.1)(105.6)(838.9)
Marketing expenses (excluding an additional $43.0 included in Corporate and other) (1)(35.5)(21.2)(15.3)(72.0)
Other segment items (3)(362.0)(193.7)(176.7)(14.2)(746.6)
Segment income before interest and taxes$152.4$50.9$89.4$74.9$367.6
Corporate and other (including $43.0 of marketing expenses) (4)(236.4)
Restructuring and other items (5)(6.9)
Income before interest and taxes$124.3

ITEM 1 - FINANCIAL STATEMENTS

FAQ

What is PVH's licensing segment — cost of goods sold?
PVH (PVH) reported licensing segment — cost of goods sold of $0 in Q1 2026.
What does licensing segment — cost of goods sold mean?
Reflects the direct costs associated with generating licensing revenue, which for this segment are typically minimal or non-existent as the company does not manufacture the licensed goods. This metric highlights the high-margin nature of the licensing business model compared to traditional retail or wholesale operations.

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