Can PVH Stock Rise 13% To Its Pre-Inflation Shock Highs?

[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 ...