PVH stock is in the red so far this year, and CEO Stefan Larsson just bought shares for the first time in years.

PVH, the parent of Calvin Klein and Tommy Hilfiger, reported a 6% year-over-year second-quarter revenue decline as a "challenging consumer environment" has impacted the company's international sales.

Shares of PVH Corp. fell nearly 8% in the extended session Tuesday after the parent company of Calvin Klein and Tommy Hilfiger reported a better-than-expected second quarter, but said that its ...