PVH (PVH) AI Stock Analysis

• Market Cap: $4.29B
• Dividend Yield: 0.17%
• Average Volume (3M): 1.10M
• Price to Earnings (P/E): 9.6
• Beta (1Y): 0.86
• Revenue Growth: -1.14%
• EPS Growth: -29.30%
• Country: US
• Employees: 16,000
• Sector: Consumer Cyclical
• Sector Strength: 83
• Industry: Apparel - Manufacturers
• EPS (TTM): 2.52
• Shares Outstanding: 48,073,120
• 10 Day Avg. Volume: 1,419,107
• 30 Day Avg. Volume: 1,095,015
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.75
• Enterprise Value/Revenue: 0.86
• Enterprise Value/Gross Profit: 1.47
• Enterprise Value/Ebitda: 13.99
• 1Y Price Target: $93.08
• Price Target Upside: 6.06% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 13

• Rating: 72 Outperform
• Price Target: $91.00 ▲(3.69% Upside)

PVH's overall stock score is driven by a positive earnings call and strong technical momentum. The financial performance is stable but requires improvement in profitability and cash flow growth. Valuation indicates potential undervaluation, while the dividend yield is low. The earnings call highlights strategic initiatives and brand performance as key strengths.

Positive Factors

Earnings Performance

EPS of $2.52 was well above the guidance range of $1.85-$2.00.

Financial Guidance

Management maintained full year sales guidance on a constant currency basis across regions but revised reported sales guidance higher to reflect the weaker USD.

Negative Factors

EPS Expectations

3Q EPS outlook is below Street expectations, with guidance provided at $2.35-2.50 compared to Street's $2.93.

Tariff Impact

Gross margin trajectory worsens in the fourth quarter due to tariffs.

PVH Business Overview & Revenue Model

Company Description

PVH Corp. operates as an apparel company worldwide. The company operates through six segments: Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, Heritage Brands Wholesale, and Heritage Brands Retail. It designs, markets, and retails men's, women's, and children's apparel and accessories, including branded dress shirts, neckwear, sportswear, jeans wear, performance apparel, intimate apparel, underwear, swimwear, swim-related products, handbags, accessories, footwear, outerwear, home furnishings, luggage products, sleepwear, loungewear, hats, scarves, gloves, socks, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, fragrance, home bed and bath furnishings, small leather goods, and other products. The company offers its products under its own brands, such as Tommy Hilfiger, Calvin Klein, Van Heusen, IZOD, ARROW, Warner's, Olga, Geoffrey Beene, and True&Co., as well as various other owned, licensed, and private label brands. It also licenses its own brands over various products. The company distributes its products at wholesale in department, chain, and specialty stores, as well as through warehouse clubs, mass market, and off-price and independent retailers; and through company-operated full-price, outlet stores, and concession locations, as well as through digital commerce sites. It markets its products to approximately 40 countries. PVH Corp. was founded in 1881 and is based in New York, New York.

How the Company Makes Money

PVH generates revenue primarily through the sales of its branded products across multiple segments. The company operates on a multi-channel revenue model that includes wholesale distribution to department stores and specialty retailers, direct-to-consumer sales through owned retail stores and e-commerce platforms, and licensing agreements that allow third parties to produce and sell products under its brands. Key revenue streams include apparel sales, which encompass men's, women's, and children's clothing, as well as accessories and footwear. Significant partnerships with retailers and e-commerce platforms enhance distribution and brand visibility, while global licensing agreements contribute additional income. The company also benefits from a strategic focus on international markets, particularly in Europe and Asia, where it has expanded its brand reach and consumer base.

PVH Financial Statement Overview

Summary

PVH demonstrates solid financial health with stable revenue and strong gross margins. However, profitability and return measures indicate areas for improvement. Cash flows are strong, but growth is limited, necessitating a focus on enhancing profitability and cash flow growth.

Income Statement

The company's revenue has shown stability with a slight decrease in TTM. Gross profit margins are healthy at approximately 59% in TTM. However, the net profit margin decreased to 4.64% from 6.92% last year, indicating pressure on profitability. The EBIT and EBITDA margins are stable, but there is room for improvement in operational efficiency.

Balance Sheet

PVH maintains a manageable debt-to-equity ratio of about 0.81 in TTM, showing a reasonable level of financial leverage. The equity ratio is strong at around 43.28%, reflecting a solid equity base to support assets. However, the return on equity decreased to 8.71%, highlighting a need for better profitability to enhance shareholder returns.

Cash Flow

Operating cash flow remains robust, though slightly reduced in TTM compared to previous periods. Free cash flow has shown a positive trend, with a marginal growth rate. The operating cash flow to net income ratio is strong, indicating good cash generation relative to net income, but free cash flow growth remains modest, limiting potential reinvestment opportunities.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	8.68B	8.65B	9.22B	9.02B	9.15B	7.13B
Gross Profit	5.11B	5.14B	5.36B	5.12B	5.32B	3.78B
EBITDA	536.10M	1.08B	1.24B	887.80M	1.08B	-752.70M
Net Income	402.30M	598.50M	663.60M	200.40M	952.30M	-1.14B
Balance Sheet
Total Assets	10.67B	11.03B	11.17B	11.77B	12.40B	13.29B
Cash, Cash Equivalents and Short-Term Investments	191.00M	748.00M	707.60M	550.70M	1.24B	1.65B
Total Debt	3.73B	3.39B	3.53B	3.83B	3.95B	5.41B
Total Liabilities	6.05B	5.89B	6.05B	6.76B	7.11B	8.56B
Stockholders Equity	4.62B	5.14B	5.12B	5.01B	5.29B	4.73B
Cash Flow
Free Cash Flow	589.60M	582.20M	724.70M	-250.90M	803.30M	471.10M
Operating Cash Flow	736.20M	740.90M	969.40M	39.20M	1.07B	697.70M
Investing Cash Flow	-124.50M	-137.70M	-85.10M	-278.20M	-45.00M	-59.10M
Financing Cash Flow	-791.40M	-550.40M	-721.80M	-428.20M	-1.40B	477.40M

PVH Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 87.76
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PVH, the sentiment is Positive. The current price of 87.76 is above the 20-day moving average (MA) of 79.74, above the 50-day MA of 75.69, and above the 200-day MA of 81.13, indicating a bullish trend. The MACD of 3.49 indicates Negative momentum. The RSI at 71.11 is Negative, neither overbought nor oversold. The STOCH value of 87.06 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PVH.

PVH Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LEVI	78 Outperform	$8.95B	22.36	20.93%	2.39%	2.90%	182.72%
RL	77 Outperform	$18.85B	24.83	32.55%	1.09%	9.61%	21.14%
PVH	72 Outperform	$4.29B	9.56	9.32%	0.17%	-1.14%	-29.30%
KTB	71 Outperform	$4.47B	17.74	58.07%	2.56%	3.47%	5.86%
COLM	67 Neutral	$3.15B	14.42	12.93%	2.12%	0.81%	4.86%
Sector *	61 Neutral	$17.97B	12.87	-5.29%	2.97%	1.26%	-14.45%
VFC	55 Neutral	$5.85B	68.23	7.83%	2.40%	-7.41%	―

PVH Corporate Events

PVH Declares Quarterly Cash Dividend Announcement

On August 6, 2025, PVH Corp. announced that its Executive Committee of the Board of Directors declared a quarterly cash dividend of $0.0375 per share. This dividend is scheduled to be paid on September 24, 2025, to stockholders recorded by September 3, 2025. This move reflects PVH’s ongoing commitment to providing value to its shareholders.

PVH Corp. Concludes Annual Stockholders Meeting

On June 18, 2025, PVH Corp. held its Annual Meeting of Stockholders, with 94% of eligible shares represented. During the meeting, several directors were elected for a one-year term, and a non-binding advisory vote approved the compensation for the company’s named executive officers. Additionally, Ernst & Young LLP was ratified as the company’s independent auditors for the current fiscal year.

PVH Completes $500 Million Senior Notes Offering

PVH Corp., a Delaware-based company, entered into an Underwriting Agreement on June 10, 2025, with several major financial institutions to facilitate the offering of $500 million in 5.500% Senior Notes due in 2030. The company completed the offering on June 13, 2025, with net proceeds estimated at $489.6 million, which will be used to repay existing notes due in 2025 and for general corporate purposes. The issuance of these notes is part of PVH’s strategic financial management, aiming to optimize its debt structure and maintain its market position.

PVH Reorganizes Segments to Enhance Global Strategy

Effective February 3, 2025, PVH Corp. reorganized its reportable segments to be region-focused, aligning with changes in its business and organizational structure. This strategic move is part of the PVH+ Plan, aiming to strengthen its global brand presence and operational efficiency. The new segments—EMEA, Americas, APAC, and Licensing—reflect the company’s current management approach, with financial information available for each. The reorganization impacts only the reporting structure and not the consolidated financial results, providing investors with clearer insights into regional performance.