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Here's Why PVH (PVH) is a Strong Value Stock
ZACKS· 2024-06-25 14:46
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy. Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too. Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Headquartered in New York, PVH C ...
Here's Why PVH Corp (PVH) is Rallying Ahead of Its Industry
ZACKS· 2024-06-19 14:11
The PVH+ Plan aims to accelerate growth by boosting core strengths while connecting Calvin Klein and TOMMY HILFIGER brands with consumers through five major drivers. These drivers are win with product; win with consumer engagement; win in the digitally-led marketplace; develop a demand- and data-driven operating model; and drive efficiencies and invest in growth. PVH Corp has been making constant efforts to expand its international business. The company has been boosting higher gross margins and further str ...
Here's Why PVH (PVH) is a Strong Momentum Stock
ZACKS· 2024-06-10 14:55
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy. Headquartered in New York, PVH Corporation was incorporated in 1976 and formerly known as Phillips-Van Heusen Corp. PVH Corp specializes in designing and marketing branded dress shirts, neckwear, sportswear, jeanswear, intimate apparel, swim products, footwear, handbags and related products. PVH Corp's brands are sold globally at ...
Why PVH (PVH) is a Top Value Stock for the Long-Term
ZACKS· 2024-06-07 14:46
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. What are the Zacks Style Scores? Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better ch ...
PVH Earnings Surpass Estimates, Revenues Decline in Q1
ZACKS· 2024-06-05 18:06
PVH Corporation (PVH) reported first-quarter fiscal 2024 results, wherein both earnings and revenues topped estimates. The bottom line improved while the top line fell year over year. Results gained from the strong execution of the PVH+ Plan, which led to a strong gross margin expansion and double-digit adjusted earnings per share (EPS) growth. We note that shares of this Zacks Rank #3 (Hold) company have gained 14.3% in the past six months against the industry's 11.4% decline. Q1 Highlights PVH Corp. repor ...
PVH(PVH) - 2024 Q1 - Earnings Call Transcript
2024-06-05 17:46
Now moving onto our outlook, starting with the second quarter, we are projecting second quarter revenue to decline 6% to 7% as reported, and 5% to 6% on a constant currency basis compared to the prior year, including a 3% decline due to the sale of the heritage intimates business. While we are projecting first quarter trends in our direct-to-consumer businesses to continue into 2Q with low single-digit growth on a constant currency basis, we expect this will be more than offset by a similar decline in whole ...
Compared to Estimates, PVH (PVH) Q1 Earnings: A Look at Key Metrics
ZACKS· 2024-06-04 23:31
PVH (PVH) reported $1.95 billion in revenue for the quarter ended April 2024, representing a year-over-year decline of 9.6%. EPS of $2.45 for the same period compares to $2.14 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $1.93 billion, representing a surprise of +1.23%. The company delivered an EPS surprise of +14.49%, with the consensus EPS estimate being $2.14. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expec ...
PVH (PVH) Q1 Earnings and Revenues Top Estimates
ZACKS· 2024-06-04 22:25
PVH (PVH) came out with quarterly earnings of $2.45 per share, beating the Zacks Consensus Estimate of $2.14 per share. This compares to earnings of $2.14 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 14.49%. A quarter ago, it was expected that this owner of the Calvin Klein and Tommy Hilfiger brands would post earnings of $3.51 per share when it actually produced earnings of $3.72, delivering a surprise of 5.98%. Over the l ...
PVH(PVH) - 2025 Q1 - Quarterly Results
2024-06-04 20:20
PVH CORP. REPORTS 2024 FIRST QUARTER REVENUE AND EARNINGS ABOVE GUIDANCE AND RAISES FULL YEAR EPS OUTLOOK New York - June 4, 2024 - PVH Corp. [NYSE: PVH] today reported its 2024 first quarter results and updated its full year outlook. Stefan Larsson, Chief Executive Officer, commented, "We delivered on our revenue expectations, led by growth in our direct-to- consumer business, and beat our earnings guidance for the first quarter. We further strengthened our brand positioning and pricing power in the market ...
Here's How PVH Corp (PVH) Is Placed Ahead of Q1 Earnings
ZACKS· 2024-05-30 15:35
PVH Corporation (PVH) will report first-quarter fiscal 2024 results on Jun 5 after the market close. The consensus mark for quarterly revenues is pegged at $1.9 billion, indicating a decline of 10.7% from the prioryear reported number. The Zacks Consensus Estimate for the company's earnings is pegged at $2.14 per share, which remains flat year over year. The consensus mark has moved up by a penny in the past 30 days. In the last reported quarter, the company delivered an earnings surprise of 6%. It has a tr ...