PVH Corp is a global apparel company that designs, markets, and sells a wide range of clothing and accessories under various well-known brand names
The company is recognized for its portfolio, which includes iconic labels that cater to diverse consumer segments across multiple retail channels. PVH operates on an international scale, with a strong presence in both wholesale and direct-to-consumer markets, emphasizing innovation and sustainability in its product offerings. By leveraging its extensive brand heritage and dynamic marketing strategies, PVH Corp strives to enhance customer experiences and drive growth in the competitive fashion industry.
U.S. stocks advanced midday Tuesday, demonstrating resilience despite escalating geopolitical tensions and trade uncertainties between the world’s two largest economies.
PVH has been treading water for the past six months, recording a small loss of 3.1% while holding steady at $94.84. The stock also fell short of the S&P 500’s 12.6% gain during that period.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at apparel and accessories stocks, starting with PVH (NYSEPVH).
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Kontoor Brands (NYSEKTB) and its peers.
Wall Street experienced subdued trading on Thursday morning, with major indices remaining near the flatline as investors awaited further confirmation of potential interest rate cuts from the upcoming November jobs report.
Fashion conglomerate PVH (NYSEPVH) announced better-than-expected revenue in Q3 CY2024, but sales fell by 4.6% year on year to $2.26 billion. Its non-GAAP profit of $3.03 per share was 17% above analysts’ consensus estimates.
PVH Corp. (NYSEPVH) reported Q3 results above guidance but gave soft guidance for Q4, with sales expected to decrease by 6-7% and adjusted EPS of $3.05-$3.20. The company also repurchased shares worth $29 million and expects to repurchase $400 million for the full year 2024.
Wall Street extended its rally on Wednesday, driven by robust gains in technology stocks, as investor optimism around AI-fueled growth continued to strengthen.
Explore TJX Companies and Ross Stores to see which off-price retail stock offers greater upside in 2025. Analyze their performance and growth potential.
