PVH Corp. (PVH)

In the past six months, PVH Corp.'s stock price has declined by 18.19%. Q3 2025 earnings revealed a sharp decline in GAAP net income due to tariffs and currency effects, leading to a stock decline. Increased tariffs impacted profitability, and weak European market conditions led to a decline in sales. Analyst downgrades and the CFO's departure also contributed to investor caution. Q4 2025 results exceeded revenue expectations, but GAAP loss per share was below estimates, and the full-year operating margin was impacted by tariffs.

PVH Corp.'s business follows a seasonal pattern, with higher wholesale sales in the first and third quarters and higher retail sales in the fourth quarter due to the holiday season. Royalty revenue is generally earned evenly throughout the year, with the third quarter often seeing the highest revenue. The company operates on a traditional seasonal design calendar, adjusting future buys to align with current demand trends.

PVH Corp. is a global apparel company based in Manhattan, known for its brands Calvin Klein and Tommy Hilfiger. It designs, markets, and sells a wide range of apparel, footwear, and accessories, and also owns brands like Van Heusen and IZOD, and licenses brands like Kenneth Cole New York and Michael Kors. PVH distributes its products globally through various channels.

PVH Corp. operates in over 40 countries with approximately 28,000 employees, generating over 70% of its revenue outside the United States in 2025. It markets its products in over 100 countries through wholesale partners and has over 4,700 retail locations. North America and Europe are the largest contributors to its revenue, although its global footprint spans North America, Europe, and Asia Pacific.

PVH Corp. is focused on building Calvin Klein and Tommy Hilfiger into highly desirable lifestyle brands through its "PVH+ Plan". Recent initiatives include brand ambassador partnerships with Travis Kelce, Jung Kook, and Dakota Johnson. PVH is committed to sustainability and corporate responsibility, with initiatives to reduce environmental impact and promote ethical practices. However, samples from some manufacturing facilities linked to PVH brands have revealed the presence of hazardous chemicals.

PVH Corp. is primarily held by institutional investors, including Pzena Investment Management LLC, Vanguard Group Inc., and BlackRock, Inc. As of March 27, 2026, there were 494 institutional owners holding a total of 52,011,231 shares. Institutional ownership stood at approximately 107.95% as of March 31, 2026, with mutual funds accounting for a significant portion. Insider ownership held a smaller stake.