PVH Corp. (NYSE:PVH) Q1 2022 Earnings Conference Call June 2, 2022 9:00 AM ET

Company Participants

Sheryl Freeman - Investor Relations

Stefan Larsson - Chief Executive Officer

Zac Coughlin - Chief Financial Officer

Conference Call Participants

Bob Drbul - Guggenheim

Michael Binetti - Credit Suisse

Jay Sole - UBS

Chris Nardone - Bank of America

Brooke Roach - Goldman Sachs

Tom Nikic - Wedbush Securities

Paul Lejuez - Citigroup

Kimberly Greenberger - Morgan Stanley

Operator

Good day and welcome to the PVH First Quarter 2022 earnings call. Today’s conference is being recorded. At this time, I would like to hand the call over to Sheryl Freeman. Please go ahead, ma’am.

Sheryl Freeman

Thank you, operator. Good morning, everyone and welcome to the PVH Corp. first quarter 2022 earnings conference call. Leading the call today will be Stefan Larsson, PVH’s Chief Executive Officer; and Zac Coughlin, Chief Financial Officer.

This webcast and conference call is being recorded on behalf of PVH and consists of copyrighted material. It may not be recorded, rebroadcast or otherwise transmitted without PVH’s written permission. Your participation in the question-and-answer session constitutes your consent to having anything you say appear on any transcript or replay of this call.

The information to be discussed includes forward-looking statements that reflect PVH’s view as of June 1, 2022 2022 of future events and financial performance. These statements are subject to risks and uncertainties indicated in the company’s SEC filings and the Safe Harbor statement included in the press release that is a subject of this call. These risks and uncertainties include PVH’s right to change its strategies, objectives, expectations and intentions, and its need to use significant cash flow to service its debt obligations.

Significantly, at this time, the COVID-19 pandemic, global inflationary pressures, and the war in Ukraine continue to have impacts on the company's business, cash flow, and results of operations. There is significant uncertainty about the duration and extent of the impact of these events.

The dynamic nature of the circumstance means what is said on this call could change materially at any time, therefore the operation of the company’s business and its future results of operations could differ materially from historical practices and results or current descriptions, estimates, and suggestions. PVH does not undertake any obligation to update publicly any forward-looking statement, including without limitation any estimates or suggestions regarding revenue or earnings.

Generally, the financial information and projections to be discussed will be on a non-GAAP basis as defined under SEC rules. Reconciliations to GAAP amounts are included in PVH’s first quarter 2022 earnings release, which can be found on www.pvh.com and in the company’s current report on Form 8-K furnished to the SEC in connection with the release.