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PVH: Strong Business Momentum, Growth Should Track Back To Mid-Single Digit
PVHPVH(PVH) Seeking Alpha·2024-01-08 01:57
lechatnoirOverview My recommendation for PVH Corp. (NYSE:PVH) is a buy rating, as I like how the business momentum has been so far, especially with PVH meeting internal targets without using too much promotion. This bodes well for 4Q23 performance and FY24 growth. Note that I previously gave a buy rating for PVH, as I believe the business was able to recover to its historical growth rate of mid-single-digit growth. I expected the growth recovery to be driven by its success in the direct-to-consumer [DTC ...