PVH Stock Recent News

NEW YORK--(BUSINESS WIRE)--PVH Corp. (NYSE: PVH) today announced that it will release its second quarter 2024 earnings results on Tuesday, August 27, 2024, after the market closes. PVH will sponsor a conference call on Wednesday, August 28, 2024, beginning at 9:00 A.M. Eastern Time, hosted by Stefan Larsson, Chief Executive Officer, and Zac Coughlin, Chief Financial Officer, to discuss the results. The call will be broadcast live over the Internet. A link will be available on the Company's webs.

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PVH Corp's stock (NYSE: PVH), formerly Phillips-Van Heusen Corporation, owns brands such as Van Heusen, Tommy Hilfiger, and Calvin Klein, currently trades at $107 per share, around 13% below its level of $123 seen on November 16, 2021 (pre-inflation shock high), and has the potential for gains. The company's Q1 revenue was down 10% on a year-over-year basis (to just under $2 billion), driven by weakness particularly in wholesale, Europe, and the Tommy Hilfiger business. About 3% of the overall revenue decrease was generated by the sale of a group of small brands (Warner's, Olga, and True&Co) in late 2023. The company also announced the removal of its Tommy Hilfiger Global CEO and PVH Europe President, indicating that some of the problems might be generated internally. On the margin side, a disciplined pricing strategy has allowed the company to protect operating income despite falling sales. Its adjusted earnings came in 14% higher y-o-y to $2.45 per share.

PVH Corp's (PVH) strategic initiatives focused on enhancing consumer engagement and digital growth place it well for long-term growth. We assess if the stock is a good investment after the recent dip.

PVH Corp's (PVH) strategic initiatives focused on enhancing consumer engagement and digital growth place it well for long-term growth. We assess if the stock is a good investment after the recent dip.

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

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.

AMSTERDAM--(BUSINESS WIRE)--Tommy Hilfiger, which is part of PVH Corp. [NYSE: PVH], announces a multi-year partnership with the United States SailGP Team as Official Lifestyle Apparel Partner of the team. Sharing an ethos of disruption and innovation, Tommy Hilfiger and the US SailGP Team will use the partnership to push the boundaries of performance, design and culture. “Since I was very young, I always loved the world of sailing and the nautical lifestyle – but SailGP is next level; it's a wh.

PVH Corp (PVH) gains from its brand strength and direct-to-consumer business. Its PVH+ Plan looks encouraging.