PVH (PVH) Stock

PVH Corp. gains advantages from its expansion initiatives and the effective implementation of the PVH+ Plan.

Are you looking for ways to choose powerful stocks that can outperform the market for your investment portfolio? The Zacks Style Scores can help you with that.

PVH announced its third-quarter results for 2024, showing stable revenues and some improvement, but they anticipate flat results for the fourth quarter and modest growth for the fiscal year 2025. Although they are keeping their profit margins, the competitive market and absence of major brand advancements lead me to change my rating for PVH to Hold. The stock provides a 10.7% earnings yield and the possibility of a 13-14% return, but without immediate growth drivers, a more careful approach is needed.

PVH Corp. (NYSE:PVH) will hold its Q3 2024 Earnings Conference Call on December 5, 2024, at 9:00 AM ET. The call will feature company representatives, including Sheryl Freeman, the Senior Vice President of Investor Relations, and CEO Stefan Larsson. Analysts from various firms, such as J.P. Morgan and UBS, will also participate in the call.

PVH Corp.'s results for the third quarter of fiscal 2024 show positive outcomes due to the effective implementation of the PVH+ Plan and other initiatives.

While the revenue and earnings per share (EPS) for PVH (PVH) provide insight into its performance for the quarter ending in October 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

PVH (PVH) reported quarterly earnings of $3.03 per share, which is higher than the Zacks Consensus Estimate of $2.61 per share. This is an increase compared to earnings of $2.90 per share from the same period last year.

PVH Corp.'s results for the third quarter of fiscal 2024 may have been negatively affected by a challenging business environment and weak performance from its Heritage Brands.

PVH (PVH) may not have the right mix of the two important factors needed for a potential earnings surprise in its next report. Be ready for the main expectations.