PVH Q4 Earnings Beat; Plans Growth Initiatives

PVH Corp., the parent company of Calvin Klein and Tommy Hilfiger, reported fourth-quarter earnings per share of $3.27, surpassing analyst expectations, with revenues of $2.37 billion also exceeding estimates. Despite a stock price decline of over 38% since the beginning of the year, the company has consistently beaten EPS and revenue estimates over the past year. PVH's Return on Capital Employed has improved by 23% over the last five years but remains below the luxury industry average. Looking forward, PVH has projected adjusted EPS of $12.40 to $12.75 for fiscal year 2025, indicating potential for future growth. CEO Stefan Larsson emphasized strategic initiatives, including a promotional campaign with Bad Bunny for Calvin Klein, as part of a long-term growth strategy. Despite recent challenges, PVH aims to stabilize and grow through innovative marketing and strategic brand positioning.