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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Feb. 04, 2024
Jan. 29, 2023
Jan. 30, 2022
Total revenue [1],[2],[3] $ 9,217.7 $ 9,024.2 $ 9,154.7
Cost of goods sold (exclusive of depreciation and amortization) 3,854.5 3,901.3 3,830.6
Gross profit 5,363.2 5,122.9 5,324.1
Selling, general and administrative expenses 4,542.6 4,377.4 4,453.9
Goodwill impairment 0.0 417.1 0.0
Non-service related pension and postretirement income 47.2 91.9 64.1
Other gain 15.3 0.0 118.9
Equity in net income of unconsolidated affiliates 45.7 50.4 23.7
Income before interest and taxes [4] 928.8 470.7 1,076.9
Interest expense 99.3 89.6 108.6
Interest income 11.5 7.1 4.4
Income before taxes 841.0 388.2 972.7
Income tax expense 177.4 187.8 20.7
Net income 663.6 200.4 952.0
Less: Net Loss Attributable to Redeemable Noncontrolling Interest 0.0 0.0 (0.3)
Net income attributable to PVH Corp. $ 663.6 $ 200.4 $ 952.3
Basic net income per common share attributable to PVH Corp. $ 10.88 $ 3.05 $ 13.45
Diluted net income per common share attributable to PVH Corp. $ 10.76 $ 3.03 $ 13.25
Net sales      
Total revenue $ 8,751.8 $ 8,544.9 $ 8,723.7
Royalty revenue      
Total revenue 368.2 372.0 340.1
Advertising and other revenue      
Total revenue $ 97.7 $ 107.3 $ 90.9
[1] No single customer accounted for more than 5% of the Company’s revenue in 2023, 2022 or 2021.
[2] Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.
[3] Revenue was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.
[4] Income (loss) before interest and taxes was impacted by fluctuations of the United States dollar against foreign currencies in which the Company transacts significant levels of business.