Big Tech closed its worst quarter in 3 years, with the tech-heavy Nasdaq dipping another -23 points on the day, -0.14%.
While the top- and bottom-line numbers for PVH (PVH) give a sense of how the business performed in the quarter ended January 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
PVH (PVH) came out with quarterly earnings of $3.27 per share, beating the Zacks Consensus Estimate of $3.19 per share. This compares to earnings of $3.72 per share a year ago.
PVH Corp. (PVH) popped after hours thanks to bright spots in the apparel company's earnings. George Tsilis talks about the points giving the Tommy Hilfiger and Calvin Klein distributor the after-hours boost.
PVH Corp. PVH will release its fourth-quarter financial results after the closing bell on Monday, March 31.
PVH Corp's fourth-quarter fiscal 2024 results are likely to have been hurt by a tough operating landscape and soft Heritage Brands' performance.
PVH Corp. PVH will release its fourth-quarter financial results after the closing bell on Monday, March 31.
Beyond analysts' top -and-bottom-line estimates for PVH (PVH), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended January 2025.
PVH Corp's cost-saving and e-commerce investments aim to enhance brand control, restore pricing power, and drive organic growth, making it a long-term play at an attractive 5.6x PE. Despite macroeconomic challenges, currency effects, and China risks, these issues are already priced into the stock, presenting a compelling entry point. PVH's efforts to consolidate brand control and reduce licensing partners, alongside strategic hires, should bolster brand consistency and operational efficiency.
PVH Corp. has historically had quite stable earnings, while notably trailing from its 2022 Investor Day targets. PVH's outlook is weak. With risks in China, stagnant brand relevance with Tommy Hilfiger and Calvin Klein, and potentially weak consumer confidence, the Q4 report will likely be weak. After a decline, PVH's stock is cheap. Yet, due to the rising uncertainties, I believe that the cheap price is warranted.
G-III Apparel Group delivered 10% YoY revenue growth in FY25, with owned brands growing at double-digit rates offsetting PVH license exits. Margins expanded, and management issued strong forward guidance, yet G-III trades at just 7x FY26E earnings, presenting a buying opportunity. FY26 revenue is guided down ~1% due to PVH headwinds, but owned brands are expected to grow at double-digit rates, with EPS slightly declining.
Investors need to pay close attention to PVH Corp (PVH) stock based on the movements in the options market lately.