New York, New York--(Newsfile Corp. - June 4, 2026) - Levi & Korsinsky notifies investors that it has commenced an investigation into PVH Corp. ("PVH Corp.") (NYSE: PVH) concerning potential violations of the federal securities laws.
The headline numbers painted one picture. PVH's Q1 revenue came in at $2.03 billion, up approximately 2% year-over-year. Adjusted non-GAAP EPS of $2.01 similarly beat company guidance. But the full-year outlook told a different story: management cut revenue guidance to flat, citing the impact of the war in Iran on its EMEA business. The stock plunged down 26.5%, opening on June 4, 2026 down $26 from the previous day's closing price of $98.00 -- its largest single-day decline in six months.
On June 4, Evercore ISI downgraded PVH from Outperform to In-Line and slashed its price target from $95 to $79, flagging the Q1 release as a "low-quality update" with risk of further negative estimate revisions in the second half of 2026.
If you suffered a loss on your PVH Corp. securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212)363-7500 to speak to our team of experienced shareholder advocates.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300268
Source: Levi & Korsinsky, LLP
