Core Viewpoint - Analysts project that PVH will report quarterly earnings of $2.27 per share, reflecting a year-over-year increase of 14.7%, while revenues are expected to decline by 6.3% to $2.07 billion [1] Revenue Estimates - Revenue from Tommy Hilfiger is estimated at $1.08 billion, indicating a year-over-year decrease of 4.9% [3] - Revenue from Heritage Brands Wholesale is projected at $68.63 million, showing a significant decline of 46.2% year over year [4] - Total revenue from Calvin Klein is expected to reach $919.13 million, reflecting a slight decrease of 2.2% compared to the previous year [4] - Royalty revenue is anticipated to be $76.68 million, indicating a year-over-year change of -4.3% [4] - Advertising and other revenue is estimated at $20.93 million, down 3.5% from the same quarter last year [5] - Net sales are projected to be $1.97 billion, representing a year-over-year decline of 6.5% [5] - Revenue from Tommy Hilfiger North America is expected to be $325.39 million, showing a year-over-year increase of 1.6% [5] - Revenue from Calvin Klein North America is projected at $319.67 million, indicating a year-over-year increase of 1.6% [6] - Calvin Klein International revenue is estimated at $599.46 million, reflecting a decrease of 4.2% year over year [6] - Revenue from Tommy Hilfiger International is expected to reach $758.48 million, indicating a year-over-year decline of 7.4% [6] Stock Performance - PVH shares have increased by 5.1% over the past month, outperforming the Zacks S&P 500 composite, which rose by 2.2% [7] - PVH holds a Zacks Rank 3 (Hold), suggesting it is expected to closely follow overall market performance in the near term [7]

PVH Corporation (PVH) is likely to post a year-over-year decline in its top line when it reports second-quarter fiscal 2024 results on Aug 27, after market close. The Zacks Consensus Estimate for quarterly revenues is pegged at $2.1 billion, indicating a drop of 6.3% from the prior-year reported number. The consensus estimate for earnings is pegged at $2.27 per share, which indicates an increase of 14.7% year over year. The consensus mark has remained stable in the past 30 days. In the last reported quarter ...

PVH Corporation (PVH) seems to be well-poised, thanks to its robust strategic initiatives and strong fundamentals. The company's multi-year strategy PVH+ Plan to drive sustainable growth is working smoothly while the expansion efforts in the international business also bode well. Strength in brands, particularly Calvin Klein and TOMMY HILFIGER, is an added positive. The company aims at developing a demand and data-driven operating model with a systematic and repeatable product-creation model. This model wil ...

But there is more to this whole P/E story. Because not only low P/E, stocks with a rising P/E can also fetch strong returns. In this regard, investors can bet on the likes of lululemon athletica (LULU) ,PVH (PVH) ,TAL Education Group (TAL) , Fastly (FSLY) and Shopify (SHOP) . The concept is that as earnings rise, so should the price of the stock. As forecasts for expected earnings come in higher, strong demand for the stock should continue to push up its prices. After all, astock's P/E gives an indication o ...

Persistent inflationary pressures and supply chain disruptions are major hindrances for many participants in the Zacks Textile - Apparel industry. Players in the space are also feeling the impact of decreased consumer demand. The industry has declined 11.8% during this period against the broader sector's growth of 1%. Meanwhile, the S&P 500 has rallied 22.3% in the same period. The Zacks Consensus Estimate for lululemon's current fiscal year EPS has remained unchanged in the past 30 days at $14.29. The LULU ...

We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits. Value investors are also interested in a number of tried-and-true valuation metrics that help show when a company is undervalued at its current share price levels. PVH currently has a forward P/E ratio o ...

Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits. PVH (PVH) is a stock many investors are watching right now. PVH is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with a P/E ratio of 8.73, which compares to its industry's average of 12.49. Over the last 1 ...

[Note: PVH FY'23 ended in Feb 2024] SOPA Images/LightRocket via Getty Images For the entirety of this year, management is forecasting a 6-7% decline in revenues, with operating margins of 10.5% (flat compared to last year). It also forecast EPS of $11 to $11.25, which is slightly better than the $10.68 it reported in 2023. Looking ahead, the company is still expecting challenges in Europe and wholesale. Management noted that the Fall 2024 order book was down, criticizing wholesale cautiousness. The company ...

Closing at $106.41, PVH is currently trading approximately 25% lower than its 52-week high of $141.15 reached on Apr 1, 2024. The stock's position below its 50 and 200-day moving averages signals potential bearish sentiment in recent trading activity. PVH Corp. suffered a slump in its stock price after its latest earnings report on Jun 4, which revealed a 10% revenue decline compared with a 2% rise reported a year ago. The company's international revenues declined 9% year over year, while wholesale revenues ...

Shares of PVH Corp. have underperformed the Zacks Textile – Apparel industry in the past month. The stock has declined 9.6% in this period, while the broader industry has dipped 7.1%. This decline is steeper compared to the broader Zacks Consumer Staples sector's decline of 1.8% and contrasts sharply with the substantial 4% increase in the S&P 500 index in the same timeframe. Closing at $106.41, PVH is currently trading approximately 25% lower than its 52-week high of $141.15 reached on Apr 1, 2024. The sto ...