PVH's sales rose 2% in the first quarter, with a 3% increase from Tommy Hilfiger (53% of total) and a 1% increase from Calvin Klein (44%). Gross margin was flat at 58.6%, but non-GAAP operating margin fell to 6.5% from 8.1% on planned marketing investments. Non-GAAP EPS fell to $2.01 from $2.30.
Calvin Klein and Tommy Hilfiger have proven global strength, with the potential for higher sales in Asia, Europe, and the Americas. PVH has taken greater control of its brands through acquisitions, allowing improved marketing and pricing.
US tariffs on imports and higher oil prices reduce PVH’s gross margins despite mitigation efforts. Moreover, widespread inflation due to tariffs and energy costs could reduce demand for apparel.
|
Metric
|
PVH
|
RL
|
GIL
|
|---|---|---|---|
Price/Earnings (Normalized) | 7.15 | 23.72 | 16.48 |
Price/Book Value | 0.75 | 8.31 | 3.24 |
Price/Sales | 0.42 | 3.02 | 2.36 |
Price/Cash Flow | 5.32 | 18.67 | 20.53 |
|
Metric
|
PVH
|
RL
|
GIL
|
|---|---|---|---|
Quick Ratio | 0.75 | 1.50 | 0.61 |
Current Ratio | 1.68 | 2.13 | 2.35 |
Interest Coverage | 7.27 | 21.74 | 2.98 |
|
Metric
|
PVH
|
RL
|
GIL
|
|---|---|---|---|
Return on Assets (Normalized) | 5.92% | 13.70% | 6.20% |
Return on Equity (Normalized) | 13.98% | 38.51% | 18.18% |
Return on Invested Capital (Normalized) | 8.18% | 18.42% | 9.91% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| H & M Hennes & Mauritz AB Class B
HMRZF
| — | Hhp | $29B | |||
| H & M Hennes & Mauritz AB ADR
HNNMY
| Zpgqygdx | Vdr | $29B | |||
| Ralph Lauren Corp Class A
RL
| Tcptsryz | Brxqmb | $24B | |||
| Moncler SpA
MONRF
| — | Zgpsyc | $17B | |||
| Moncler SpA ADR
MONRY
| — | Xtmptnk | $17B | |||
| Gildan Activewear Inc
GIL
| Swjlwbrqf | Bplzhm | $11B | |||
| VF Corp
VFC
| Kfrtlbctx | Lgnl | $7B | |||
| Under Armour Inc Class A
UAA
| Wcqhrccl | Cjyj | $3B | |||
| Under Armour Inc Class C
UA
| Vzklhhg | Xpbr | $3B |
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United States