Core Viewpoint - PVH has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which significantly influence stock prices [1][2]. Earnings Estimates and Revisions - The Zacks Consensus Estimate for PVH for the fiscal year ending January 2026 is projected at $12.58 per share, reflecting a 7.2% increase from the previous year [7]. - Over the past three months, analysts have raised their earnings estimates for PVH by 4.1% [7]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [6]. - The Zacks rating system maintains a balanced distribution of 'buy' and 'sell' ratings, ensuring that only the top 20% of stocks are rated highly based on earnings estimate revisions [8][9]. Market Implications - The upgrade to Zacks Rank 2 positions PVH in the top 20% of Zacks-covered stocks, suggesting potential for higher stock price movement in the near term [9]. - Rising earnings estimates and the corresponding rating upgrade indicate an improvement in PVH's underlying business, which could lead to increased investor interest and stock appreciation [4].

Core Insights - V.F. Corporation (VFC) and PVH Corporation (PVH) are leading players in the global apparel industry, each with a strong portfolio of brands and retail expertise [1][2] - Both companies are adapting to changing consumer demands, inflationary pressures, and a focus on sustainability through digital innovation and supply chain agility [2][3] V.F. Corporation (VFC) - VFC is implementing a transformation program called Reinvent, focusing on cost reduction, strengthening the balance sheet, and improving brand performance, particularly for Vans [4][6] - The company has achieved $300 million in gross cost savings and aims for $500-$600 million in operating income expansion by fiscal 2028 [5][6] - VFC targets an adjusted operating margin of at least 10% and a gross margin of 55% or higher, with a goal to reduce net leverage to 2.5x or below [6][7] - VFC has reduced net debt by nearly $2 billion and raised free cash flow guidance to $440 million for fiscal 2025 [7] - Despite a solid third-quarter performance, VFC has revised its fourth-quarter revenue guidance to a decline of 4-6% year-over-year [8] PVH Corporation (PVH) - PVH focuses on brand elevation, direct-to-consumer growth, and operational efficiency through its PVH+ Plan, which aims for long-term value via digital acceleration and supply chain agility [10][11] - The company is targeting growth in Asia, particularly China, while maintaining a double-digit EBIT margin in North America [11] - In Europe, PVH aims to reignite growth through product innovation and enhanced marketing strategies [12] - PVH is leveraging digital innovation with AI-powered personalization and partnerships with major platforms like Amazon and Tmall [13] - The Zacks Consensus Estimate for PVH's fiscal 2025 sales and EPS implies year-over-year growth of 0.8% and 7.2%, respectively [14] Comparative Analysis - PVH currently trades at a forward P/E ratio of 6.26X, below the industry average of 12.40X, while VFC trades at a higher multiple of 12.92 [17][18] - PVH's stock has gained 15.3% in the past month, outperforming VFC and the broader industry [19] - PVH is viewed as a more attractive investment due to its disciplined execution of the PVH+ Plan and lower valuation compared to VFC [19][20] - VFC's ongoing operational challenges and transitional phase present execution risks, despite its long-term goals [21][25]

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and fundamental ...

Core Viewpoint - PVH Corp's stock has shown significant movement due to an upgrade from Jefferies, highlighting its sales growth potential despite challenges in the operating environment, particularly in China [2] Group 1: Stock Performance - PVH shares increased by 8.4% to $87.28 in the last trading session, with a trading volume higher than average [1] - Over the past four weeks, the stock has gained 17.5% [1] Group 2: Company Strategy - PVH is implementing proactive cost and efficiency measures while focusing on long-term growth, especially in China, through its multi-year PVH+ Plan [3] - The PVH+ Plan is centered around five strategic pillars: product excellence, consumer engagement, digital leadership, data-driven operations, and efficiency-focused investment [3] Group 3: Earnings Expectations - The upcoming quarterly earnings report is expected to show earnings of $2.24 per share, reflecting a year-over-year decline of 8.6%, with revenues projected at $1.93 billion, down 1.1% from the previous year [4] - The consensus EPS estimate for the quarter has been revised 1.6% higher over the last 30 days, indicating a positive trend that may lead to price appreciation [5] Group 4: Industry Context - PVH is part of the Zacks Textile - Apparel industry, where another company, Guess, has seen a 25.7% return in the past month, although it currently holds a Zacks Rank of 4 (Sell) [5][6]

PVH Corporation (PVH) is currently trading at a discount compared with its industry benchmarks. The stock trades at a forward 12-month price-to-earnings (P/E) ratio of 5.49X, lower than the industry’s average of 10.86X. Adding to its appeal, PVH holds a Value Score of A, reflecting strong fundamentals and positioning it as an attractive opportunity for long-term, value-focused investors.PVH’s P/E Ratio (Forward 12 Months) Image Source: Zacks Investment Research While some investors are still weighing PVH’s ...

It has been about a month since the last earnings report for PVH (PVH) . Shares have lost about 8.6% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is PVH due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.How Have Estimates Been Moving Since Then?It turns out, fresh ...

PVH (PVH) shares ended the last trading session 16.9% higher at $70.70. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 10.3% loss over the past four weeks.The company is experiencing solid momentum in its iconic global brands, Calvin Klein and TOMMY HILFIGER. Its PVH+ Plan and expansion efforts also bode well. As a result, PVH’s earnings and sales exceeded the Zacks Consensus Estimate in fourth-quarter fiscal 2024 ...

Group 1 - PVH Corp., owner of brands like Tommy Hilfiger and Calvin Klein, has seen its stock drop by 27% since August [1] - The article contrasts the current performance of PVH Corp. with a previous Buy rating [1] Group 2 - The author, Manika, has over 20 years of experience in investment management, stock broking, and investment banking [1] - Manika runs a profile called Long Term Tips (LTT), focusing on opportunities in the green economy [1] - The investing group, Green Growth Giants, delves deeper into opportunities within the green economy segment [1]

Core Viewpoint - PVH Corp. is experiencing a rebound after reaching a low in March, driven by its PVH+ strategy, which is improving revenue and earnings quality despite ongoing headwinds in the apparel sector [1][5]. Financial Performance - In FQ4 2024, PVH reported net revenue of $2.37 billion, a decrease of 4.8% year-over-year, but exceeded consensus forecasts by 160 basis points [5]. - The company faced a 2% negative impact from foreign exchange translation, a 1% impact from divestitures, and a 3% impact from tough year-over-year comparisons [5]. - Adjusted earnings per share (EPS) of $3.27 beat the average forecast by $0.06, supporting the company's balance sheet and aggressive capital return strategy [8]. Capital Return Strategy - PVH has aggressively reduced its share count by 8% in F2024 and plans for another significant decrease in 2025 [2]. - The board approved an additional $500 million in buybacks, representing about 15% of the pre-release market cap, expected to be completed by year-end [2]. Analyst Sentiment - The consensus among 15 analysts is a Moderate Buy rating, with over 50% rating the stock as a Buy or higher [3]. - Despite a reset in price targets, many revisions remain above the consensus, indicating potential for significant upside [4]. Stock Forecast - The 12-month stock price forecast for PVH is $107.07, indicating a potential upside of 37.67% from the current price of $77.77 [7]. - The high forecast is set at $160.00, while the low forecast is $72.00 [7]. Operational Outlook - Margins contracted slightly in Q4 compared to the previous year but widened significantly for the year, achieving record gross margins [7]. - Guidance for future revenue is flat to slightly up, with expectations for flat to slightly wider margins, supporting the capital return outlook [8]. Market Reaction - Following the release of positive guidance and the buyback announcement, PVH's stock experienced a 15% increase, indicating a rebound in market sentiment [10].

Core Insights - PVH Corporation's shares increased by 18.10% following the release of its fourth-quarter fiscal 2024 earnings, which, despite a year-over-year decline in sales and earnings, exceeded analysts' expectations and provided a strong outlook for fiscal 2025 [1][3][8] Financial Performance - PVH reported adjusted earnings per share of $3.27 on revenues of $2.37 billion, surpassing analyst projections [3] - International revenues decreased by 6% (3% in constant currency), while North America revenues for Tommy Hilfiger and Calvin Klein rose by 1% year over year [4] - Direct-to-consumer revenues fell by 5% (2% in constant currency), and wholesale revenues also declined by 5% (2% in constant currency) [5] - Gross profit was $1.4 billion, reflecting a 6.7% decline year over year, but gross margin expanded by 210 basis points to 58.2% [6] Future Outlook - For fiscal 2025, PVH expects revenues to be flat to slightly up year over year on a constant-currency basis, with adjusted earnings per share projected between $12.40 and $12.75, an increase from $11.74 per share last year [7] - The earnings growth will be supported by a $500 million stock buyback program aimed at enhancing per-share profitability [8] Strategic Initiatives - PVH is advancing its multi-year PVH+ Plan, focusing on sustainable growth through strengthening core capabilities and enhancing consumer connections for its brands [9] - The plan emphasizes five key drivers: winning with product, enhancing consumer engagement, excelling in a digitally-led marketplace, developing a demand- and data-driven operating model, and driving efficiencies for reinvestment in growth [9][10] - The company aims to position Calvin Klein and TOMMY HILFIGER among the most desirable lifestyle brands by focusing on key growth categories and expanding in high-demand global markets [10]