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.
PVH's Q1 results beat lowered expectations, but underlying fundamentals remain weak with margin compression, excess inventory, and disappointing Asia performance. Management slashed full-year guidance, citing margin pressure, promotional activity, and inventory missteps, with EPS now expected to be $10.75-$11.00. Recent $500M buyback offers little support as management credibility is damaged and further buybacks are paused; inventory and trust will take quarters to fix.
The headline numbers for PVH (PVH) give insight into how the company performed in the quarter ended April 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
PVH (PVH) came out with quarterly earnings of $2.30 per share, beating the Zacks Consensus Estimate of $2.24 per share. This compares to earnings of $2.45 per share a year ago.
PVH Corp.'s Q1 FY25 results are likely to reflect pressure from a challenging market and weaker Heritage Brands performance.
Besides Wall Street's top -and-bottom-line estimates for PVH (PVH), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended April 2025.
PVH (PVH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
PVH (PVH) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
In the ultimate apparel showdown, PVH powers ahead with premium brands while VFC fights back with cost cuts and a bold turnaround strategy.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
PVH (PVH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
PVH (PVH) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.