Core Insights - Ralph Lauren Corporation (RL) and PVH Corporation (PVH) are significant players in the Textile-Apparel industry, each with unique strategies and brand identities [1][2] - Both companies are adapting to evolving global consumer demands through digital innovation, supply chain agility, and direct-to-consumer expansion [2][3] Ralph Lauren (RL) Overview - Ralph Lauren is focusing on brand elevation, geographic diversification, and personalized promotions to support growth and cost management [4][5] - The company anticipates low-single-digit revenue growth in constant currency for fiscal 2026, with stronger momentum expected in the first half [6] - Gross margin is projected to remain flat, with AUR growth and lower cotton costs offsetting headwinds from higher tariffs [7] - RL's fiscal 2026 sales and EPS are expected to grow by 3.5% and 10.9% year-over-year, respectively [13] PVH Overview - PVH holds a dominant position in the premium and lifestyle apparel industry, with a diversified business model that includes direct-to-consumer, wholesale, and licensing [8][9] - The company is advancing its PVH+ Plan, focusing on brand elevation, digital acceleration, and operational efficiency, but faces macro pressures and shipment delays [10][12] - PVH's fiscal 2025 sales are projected to grow by 1.4%, while EPS is expected to decline by 5.9% [16] Stock Performance and Valuation - RL is trading at a forward price-to-earnings multiple of 18.65X, significantly higher than the industry average of 11.22X, while PVH trades at a multiple of 5.55 [18] - Ralph Lauren's stock has gained 18.2% in the past three months, outperforming PVH and the broader industry [21] - Despite PVH's strong brand portfolio, its discounted valuation may reflect limited near-term visibility amid ongoing macroeconomic headwinds [19] Conclusion - RL is positioned as a stronger contender in 2025 due to consistent strategic execution, strong brand equity, and a promising financial outlook [22] - For investors seeking stability and consistent growth, RL presents a compelling investment opportunity [25]

Company Overview - G-III Apparel (NASDAQ: GIII) operates a diverse portfolio of over 30 owned and licensed brands, including DKNY, Donna Karan, Karl Lagerfeld, Calvin Klein, Tommy Hilfiger, Vilebrequin, Nautica, Halston, G.H. Bass, Levi's, and Champion [2]. Investment Strategy - The company focuses on identifying small, high-growth potential stocks with defensible competitive advantages and business models capable of generating significant operational leverage [1]. - The investment approach includes a buy and hold strategy with tranche purchases of stocks of interest, supported by a portfolio that incorporates buy alerts and market updates [3].

Core Viewpoint - G-III Apparel Group reported better-than-expected earnings for the first quarter, with adjusted earnings per share of 19 cents, surpassing analyst expectations of 12 cents, despite a 4% year-over-year decline in quarterly sales to $583.61 million, which still exceeded the Street's estimate of $580.37 million [1][2]. Financial Performance - The company experienced double-digit growth in key owned brands such as DKNY, Karl Lagerfeld, and Donna Karan, which helped offset losses from exiting the Calvin Klein jeans and sportswear businesses [2]. - G-III Apparel has withdrawn its profit guidance for FY26 due to tariff impacts and macroeconomic uncertainties, anticipating a $135 million unmitigated tariff hit, primarily in the second half of the fiscal year [2]. - The company maintains its FY2026 sales guidance at $3.14 billion, slightly above the $3.12 billion estimate [2]. Future Expectations - G-III Apparel expects lower sales in the first half of fiscal 2026 compared to the previous year, with an anticipated acceleration in the second half [3]. - For the second quarter, the company projects earnings per share between $0.02 and $0.12, with revenue expected to be around $570 million, below the $621 million estimate [3]. Stock Performance and Analyst Ratings - Following the earnings announcement, G-III Apparel shares fell by 2.7%, trading at $21.90 [3]. - Analysts have adjusted their price targets for G-III Apparel: Telsey Advisory Group lowered its target from $30 to $27, Keybanc reduced its target from $40 to $30, and Barclays cut its target from $21 to $18 [6][8].

Core Viewpoint - PVH's stock has dropped nearly 20% after lowering its full-year guidance despite exceeding Q1 expectations, raising questions about potential investment opportunities in the premium retailer's stock [1][3]. Group 1: Company Overview - PVH, formerly known as Phillips-Van Heusen Corporation, operates iconic fashion brands like Tommy Hilfiger and Calvin Klein, specializing in a wide range of apparel and accessories sold globally [2]. - The company has consistently surpassed earnings expectations, achieving a Q1 EPS of $2.30, exceeding the expected $2.24, although this represents a 6% decline from the previous year's $2.45 [5][6]. Group 2: Financial Performance - PVH reported Q1 sales of $1.98 billion, surpassing estimates of $1.93 billion and showing an increase from $1.95 billion in the prior period [6]. - The company has maintained an average earnings surprise of 13.47% and a sales surprise of 1.38% over the last four quarters [6]. Group 3: Guidance and Projections - PVH has lowered its EPS guidance for fiscal 2026 to between $10.75 and $11.00, down from a previous range of $12.40 to $12.75, and below the current Zacks Consensus of $12.59 [8][9]. - Despite the lowered guidance, Zacks projects a 13% increase in annual earnings for FY27 to $14.21, although EPS estimates may trend lower following the recent guidance [9]. Group 4: Valuation Metrics - PVH's stock is currently valued at 6.4X forward earnings, significantly lower than the Zacks Textile-Apparel Industry average of 13.3X, indicating a potential buying opportunity for long-term investors [11]. - The company's PEG ratio stands at 0.57, suggesting it is undervalued relative to its growth rate, and it trades at less than 1X forward sales [12]. Group 5: Investment Considerations - Following the Q1 report, PVH stock holds a Zacks Rank 3 (Hold), with potential for a rebound, but investors should monitor earnings estimate revisions closely [16]. - A decline in FY26 EPS estimates is anticipated, and a significant drop in FY27 estimates could indicate further downside risk [16][17].

Calvin Klein and Tommy Hilfiger parent PVH Corp. PVH shares are trading lower after the company cut its FY25 guidance below estimates and issued second-quarter adjusted EPS guidance below estimates.On Wednesday, PVH reported quarterly earnings of $2.30 per share, which beat the analyst consensus estimate of $2.25. Quarterly revenue of $1.98 billion beat the Street estimate of $1.93 billion.The company cut its fiscal 2026 adjusted EPS guidance from a range of $12.40 to $12.75 to a new range of $10.75 to $11, ...

Shares of PVH (PVH -17.23%), the diversified apparel company and parent of brands like Calvin Klein and Tommy Hilfiger, were falling today after it reported solid results in its first-quarter earnings report, but cut its outlook for the full year.As of 12:37 p.m., the stock was down 17.7%. What's ailing PVH?With uncertainty around tariffs and the broader economy, apparel companies have faced a challenging environment, and PVH is no different.Revenue rose 2% to $1.98 billion, ahead of its guidance calling fo ...

Key Takeaways PVH Corp. delivered solid Q1 FY25 results driven by strong brand and regional performance. The company lowered its FY25 adjusted operating margin and EPS guidance due to the tariff impacts. PVH continues to manage headwinds while leveraging brand strength across key international markets.PVH Corporation (PVH) reported better-than-expected results in the first quarter of fiscal 2025, wherein both earnings and revenues topped the Zacks Consensus Estimate. However, the bottom line fell year ove ...

Luxury apparel stock PVH Corp (NYSE:PVH) is down 16.3% to trade at $67.68, heading for its worst single-session decline since April 2024. The parent company of Calvin Klein and Tommy Hilfiger slashed its fiscal second-quarter profit guidance due to higher tariffs a move that is overshadowing better-than-expected earnings and revenue for the first quarter.Wells Fargo and BMO chimed in with price-target cuts, the former to $84 from $93, and the latter to $80 from $100. Analysts lean bullish on PVH, with nine ...

Financial Data and Key Metrics Changes - Revenue increased by 2% above guidance, with non-GAAP EPS also exceeding expectations [5][32] - Total direct-to-consumer revenue decreased by approximately 3%, while e-commerce grew by 3% [5][36] - Wholesale revenue grew in the mid-single digits, benefiting from earlier shipments and the relaunch of Calvin Klein women's sportswear and jeans [5][6] Business Line Data and Key Metrics Changes - Calvin Klein's underwear and jeans categories saw a 25% increase in sales due to innovative product launches [8] - Fashion denim for Calvin Klein grew by 14% in Q1, indicating strong performance in innovative offerings [9] - Tommy Hilfiger also experienced growth through new seasonal collections and strategic marketing campaigns [10][11] Market Data and Key Metrics Changes - EMEA revenue increased mid-single digits, with direct-to-consumer growth turning positive [12][34] - Americas revenue rose by 7%, driven by high teens growth in wholesale [34] - Asia Pacific revenues declined low teens due to weaker consumer confidence and earlier Lunar New Year timing [16][35] Company Strategy and Development Direction - The company is focused on executing the PVH Plus plan to strengthen brand performance and consumer engagement [5][7] - Strategic initiatives include product innovation, enhanced marketing campaigns, and a focus on core strengths in Calvin Klein and Tommy Hilfiger [10][29] - The company is navigating a challenging macro environment while aiming to improve operational efficiencies and reduce costs [21][49] Management's Comments on Operating Environment and Future Outlook - Management acknowledged a tough macro environment but emphasized control over internal actions to drive performance [7][21] - The company is facing increased promotional levels and tariff impacts, particularly in the U.S. market [21][41] - Despite challenges, management remains optimistic about long-term growth and brand strength, particularly in key markets [22][46] Other Important Information - The company returned over $550 million to shareholders through share repurchases [32] - Inventory levels increased by 19% compared to the previous year, primarily due to strategic investments in core product categories [39] - A non-cash goodwill impairment charge of $480 million was recorded, reflecting increased discount rates [39] Q&A Session Summary Question: What gives confidence that Calvin and Tommy still have good momentum with consumers? - Management highlighted strong product innovation and marketing efforts that have driven significant growth in key categories despite macro challenges [56][57] Question: Can you elaborate on the cost-out efforts and their impact? - Management discussed ongoing operational improvements and cost-saving initiatives aimed at enhancing efficiency and profitability [65][70] Question: How are tariffs impacting the business and what mitigation strategies are in place? - Management outlined the expected $65 million impact from tariffs and discussed leveraging global sourcing relationships to mitigate costs [78][81]

Core Insights - PVH reported revenue of $1.98 billion for the quarter ended April 2025, reflecting a 1.6% increase year-over-year and surpassing the Zacks Consensus Estimate of $1.94 billion by 2.49% [1] - The company's EPS was $2.30, down from $2.45 in the same quarter last year, but exceeded the consensus estimate of $2.24 by 2.68% [1] Revenue Breakdown - Tommy Hilfiger generated revenue of $1.05 billion, exceeding the average estimate of $1.02 billion by analysts, marking a year-over-year increase of 3.4% [4] - Total revenue for Calvin Klein was $886.10 million, slightly above the estimated $876.14 million, but showed a minor decline of 0.1% compared to the previous year [4] - Heritage Brands reported revenue of $49.40 million, surpassing the average estimate of $43.23 million, although this represented a year-over-year decrease of 4.6% [4] Stock Performance - PVH shares have returned 16.5% over the past month, outperforming the Zacks S&P 500 composite, which increased by 5.2% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]