Stock market today: Dow, S&P 500, Nasdaq futures in holding pattern with Nvidia earnings on deck

I would keep an eye on PVH Corp. (PVH) this morning after a sizable earnings beat last night. The company also reiterated its full year earnings guidance, despite an expected $1.15 per share hit from tariffs.

The clothing company seems to have struck a positive nerve with recent apparel collaborations for Calvin Klein (Bad Bunny men’s underwear) and F1 (Tommy Hilfiger collection, tied to Apple’s (AAPL) F1 movie).

It has more deals in the works, CEO Stefan Larsson told me last night by phone.

I also thought his comments on tariffs were interesting:

“Tariffs are impacting everyone in the sector. We have 70% of our business in international, 30% is the U.S. Then we have the strength of Calvin Klein and Tommy Hilfiger, which really matters, meaning we have two of the most beloved brands in the market where we, for a number of years now, have leaned into the PVH platform, where we drive product strength, consumer engagement strength and strength in the marketplace, execution to drive growth with pricing power. So that will matter to us.”