PVH Corp. declares a quarterly cash dividend
NEW YORK–(BUSINESS WIRE)–PVH Corp. [NYSE:PVH] announced that the executive committee of the board of directors of PVH Corp. declared a quarterly cash dividend of $0.0375 per share payable March 30, 2022 to shareholders of record March 11, 2022.
About PVH Corp.
PVH is one of the world’s largest and most admired fashion companies, connecting with consumers in over 40 countries. Our global iconic brands include Calvin Klein and TOMMY HILFIGER. Our 140-year history is built on the strength of our brands, our team and our commitment to moving fashion forward for good. It is our power. That’s the power of HPV.
SECURITY STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The forward-looking statements contained in this press release, including, without limitation, statements relating to the future plans, strategies, goals, expectations and intentions of the company are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements are inherently subject to risks and uncertainties, many of which cannot be accurately predicted and of which some may not be anticipated, including, without limitation, (i) our plans, strategies, objectives, expectations and intentions are subject to change at any time at our discretion; (ii) we may be considered highly indebted and we use a significant portion of our cash flow to repay our indebtedness, which means that we may not have sufficient funds to operate our business in the manner in which we have l intention or have operated in the past; (iii) disease outbreaks and health issues, such as the ongoing COVID-19 pandemic, which could cause (and, in the case of the COVID-19 pandemic, have caused some of the following) disruptions of the supply chain due to closed factories, reduced workforce and production capacity, scarcity of raw materials and surveillance or embargo of goods produced in areas affected, shipping delays, container and trucker shortages, port congestion and other logistical issues, closed stores, reduced traffic and consumer shopping, such as consumers falling ill or limit or stop their purchases to avoid exposure, or governments put in place mandatory business closures, travel or other restrictions to prevent the spread of disease, and market or other changes. ents that could result in (or, with respect to COVID-19, may continue to result in) shortages of inventory available for delivery to the Company’s stores and customers, order cancellations and lost sales, as well as non-monetary defaults adjustments to goodwill and other intangible assets of the Company, assets related to the right of use of operating leases and property, plant and equipment; (iv) acquisitions and divestitures and issues arising from acquisitions, divestitures and proposed transactions, including, without limitation, the ability to realize the strategic benefits of transactions (such as the sale by the Company of certain intellectual properties and other assets of, and exit from, its Heritage Brands business to focus on its Calvin Klein and Tommy Hilfiger businesses); (v) the Company’s licensees’ failure to successfully market licensed products or preserve the value of the Company’s marks, or their misuse of the Company’s marks; (vi) significant fluctuations in the US dollar against foreign currencies in which the Company conducts significant transactions; and (vii) other risks and uncertainties disclosed from time to time in our filings with the Securities and Exchange Commission.
The Company undertakes no obligation to update publicly any forward-looking statements made in this press release.