Below are the financial statements of PVH, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of USD | 2023 | 2022 | 2021 |
---|---|---|---|
Net sales | 8,751.8a | 8,544.9a | 8,723.7a |
Royalty revenue | 368.2a | 372a | 340.1a |
Advertising and other revenue | 97.7a | 107.3a | 90.9a |
Total revenue | 9,217.7a | 9,024.2a | 9,154.7a |
Cost of goods sold (exclusive of depreciation and amortization) | -3,854.5a | -3,901.3a | -3,830.6a |
Gross profit | 5,363.2a | 5,122.9a | 5,324.1a |
Selling, general and administrative expenses | -4,542.6a | -4,377.4a | -4,453.9a |
Goodwill impairment | 0a | -417.1a | 0a |
Non-service related pension and postretirement income | 47.2a | 91.9a | 64.1a |
Other gain | 15.3a | 0a | 118.9a |
Equity in net income of unconsolidated affiliates | 45.7a | 50.4a | 23.7a |
Income before interest and taxes | 928.8a | 470.7a | 1,076.9a |
Interest expense | -99.3a | -89.6a | -108.6a |
Interest income | 11.5a | 7.1a | 4.4a |
Income before taxes | 841a | 388.2a | 972.7a |
Income tax expense | -177.4a | -187.8a | -20.7a |
Net income | 663.6a | 200.4a | 952a |
Less: Net loss attributable to redeemable non-controlling interest | 0a | 0a | -0.3a |
Net income attributable to PVH Corp. | 663.6a | 200.4a | 952.3a |
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