PVH (PVH) came out with quarterly earnings of $3.01 per share, beating the Zacks Consensus Estimate of $2.27 per share. This compares to earnings of $1.98 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 32.60%. A quarter ago, it was expected that this owner of the Calvin Klein and Tommy Hilfiger brands would post earnings of $2.14 per share when it actually produced earnings of $2.45, delivering a surprise of 14.49%. Over the ...

Company Overview - PVH Corporation, headquartered in New York, specializes in designing and marketing branded apparel including dress shirts, neckwear, sportswear, jeanswear, intimate apparel, and footwear [11] - The company operates globally, selling products through various distribution channels including department stores and direct-to-consumer retail [11] Investment Ratings - PVH is currently rated 3 (Hold) on the Zacks Rank, indicating a neutral outlook [12] - The company has a VGM Score of A, suggesting strong overall performance across value, growth, and momentum metrics [12] Performance Metrics - PVH has a Momentum Style Score of B, with shares increasing by 3.5% over the past four weeks [12] - The Zacks Consensus Estimate for PVH's earnings has been revised upwards by $0.01 to $11.25 per share for fiscal 2025, reflecting positive analyst sentiment [12] - The company has an average earnings surprise of 10.1%, indicating a history of exceeding earnings expectations [12] Investment Considerations - With a solid Zacks Rank and strong Momentum and VGM Style Scores, PVH is recommended for investors looking for potential opportunities in the Consumer Discretionary sector [13]

PVH Corp. PVH, the clothing company that owns brands such as Tommy Hilfiger and Calvin Klein, will release earnings results for its second quarter, after the closing bell on Tuesday, Aug. 27. Analysts expect the New York-based company, which also owns Warner's, Olga and True & Co., to report quarterly earnings at $2.29 per share. That's up from $1.98 per share in the year-ago period. PVH is projected to post revenue of $2.07 billion, according to data from Benzinga Pro. On Aug. 7, PVH declared a quarterly c ...

olaser Soon after my last article on the Tommy Hilfiger and Calvin Klein brands' owner PVH Corp. (NYSE:PVH), its stock price fell off a cliff following its final quarter (Q4 2023) and full-year 2023 (year ending January 2024) results (see chart below). The results themselves weren't bad compared with expectations. But there was a very good reason for the price decline. The outlook, as the company expected the number to contract by 6-7% in 2024 in both reported and constant currency terms. With a 10% year-on ...

PVH Corp. PVH, the clothing company that owns brands such as Tommy Hilfiger and Calvin Klein, will release earnings results for its second quarter, after the closing bell on Tuesday, Aug. 27. Analysts expect the New York-based company, which also owns Warner's, Olga and True & Co., to report quarterly earnings at $2.29 per share. That's up from $1.98 per share in the year-ago period. PVH is projected to post revenue of $2.07 billion, according to data from Benzinga Pro. With the recent buzz around PVH, some ...

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 ...