Downgrade PVH to hold as weak macro conditions, deteriorating demand and execution missteps undermine near-term growth and margin recovery prospects. 1Q25 results showed disappointing DTC sales, gross margin contraction, and operational issues at Calvin Klein, raising red flags about management execution. Inventory surged 19% y/y, reflecting poor demand and increasing risks of further markdowns...
PVH Corp.'s Q1 results show margin pressure from tariffs and promotions, but the main challenge is execution and maintaining brand relevance amid macro headwinds. China remains a significant risk, contributing disproportionately to profits; any disruption could materially impact PVH's bottom line. Cost controls and SG&A cuts are a positive, but declining brand interest and risky share repurchas...
Shares of PVH (PVH -17.40%), the diversified apparel company and parent of brands like Calvin Klein and Tommy Hilfiger, were falling today after it reported solid results in its first-quarter earnings report, but cut its outlook for the full year.
PVH Corp. (NYSE:PVH ) Q1 2025 Earnings Conference Call June 5, 2025 9:00 AM ET Company Participants Sheryl Freeman - Vice President of Investor Relations Stefan Larsson - CEO & Director Zachary James Coughlin - Executive VP & CFO Conference Call Participants Brooke Siler Roach - Goldman Sachs Group, Inc., Research Division Dana Lauren Telsey - Telsey Advisory Group LLC Jay Daniel Sole - UBS Inv...
Shares of PVH Corp. (NYSE:PVH) plunged nearly 19% on Thursday morning after the apparel maker cut its full-year earnings forecast, citing the impact of tariffs and continued margin pressure, despite topping revenue estimates in the first quarter. The company, which owns Calvin Klein and Tommy Hilfiger, reported adjusted earnings of $2.30 per share in the quarter ended May 5, above analysts' con...
NEW YORK--(BUSINESS WIRE)--PVH Corp. [NYSE: PVH] and Herman Kay-Mystic LLC (“Herman Kay”) today announced a new licensing agreement of select wholesale men's and women's outerwear under the Calvin Klein and TOMMY HILFIGER brands in the U.S. and Canada, which is expected to launch in Spring 2026. PVH has a large and diversified global licensing business, which is a key competitive advantage glob...
PVH's Q1 results beat lowered expectations, but underlying fundamentals remain weak with margin compression, excess inventory, and disappointing Asia performance. Management slashed full-year guidance, citing margin pressure, promotional activity, and inventory missteps, with EPS now expected to be $10.75-$11.00. Recent $500M buyback offers little support as management credibility is damaged an...
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