PVH Corp
PVH: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|s! | LOCK|@$$ | LOCK|<r%#@> |
PVH Earnings: PVH+ Moving Along Despite Tariffs and Other Challenges; Shares Very Undervalued
PVH's third-quarter sales rose 2% with increases of 1% and 2% for Tommy Hilfiger (53% of total) and Calvin Klein (44%), respectively. Gross margin fell to 56.3% from 58.4% due to tariffs, promotions, and reduced licensing, and adjusted operating margin dropped to 8.8% from 10.5%.
