PVH Reports 6% Revenue Drop in Q2 Amid Weak International Sales

The parent company of Calvin Klein and Tommy Hilfiger faces challenges in China and Australia but sees growth in North America.

• PVH's Q2 revenue fell to $2.07 billion, a 6% decrease year-over-year.
• International sales declined 4%, particularly in the Asia-Pacific region and Europe.
• North American revenue for Tommy Hilfiger and Calvin Klein increased by 1%.
• The company raised its full-year earnings guidance despite the revenue drop.
• PVH's stock fell by over 7% following the earnings report.

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