PVH Corp
PVH: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| &nb | LOCK|g>> | LOCK|VbM$?R@ |
PVH Earnings: Gains From PVH+ Plan Despite Some Challenges; Shares Very Attractive
PVH's fourth-quarter sales rose 6%, with a 7% increase from Tommy Hilfiger (55% of total) and 3% increase from Calvin Klein (43%). Gross margin fell 60 basis points to 57.6% due to tariffs, markdowns, and greater wholesale, while non-GAAP operating margin slid 30 basis points to 10%.
