[Note: PVH PVH FY’22 ended in Jan 2022 ]
PVH Corp’s stock (NYSE: PVH), formerly Phillips-Van Heusen Corporation, owns brands such as Van Heusen, Tommy Hilfiger, and Calvin Klein. The company’s stock has declined by almost 15% over the five trading days (one week) and currently stands at around $54. In comparison, the broader S&P500 index declined only 3% over the same period. The company’s stock price fell thanks to a combination of a revenue miss in its latest second quarter and the departure of its CEO. PVH reported earning just over $2.1 billion in revenue in Q2, down 8% year-over-year (y-o-y). However, a $2.08 adjusted earnings per share notched a beat on consensus estimate by 6 cents. PVH attributed its declines largely to headwinds from the rising U.S. dollar and inflationary pressures particularly impacting the wholesale customer demand in North America. Consequently, PVH lowered its full-year guidance. It now believes that it will earn around $8.00 per share for the year in adjusted earnings per share, down from the previously anticipated $9.00 ( compared to $13.45 in FY 2022). In addition, the retailer’s revenue is projected to decrease 4% to 3% compared to an increase of 1% to 2% previously. The company pointed out that it has taken the negative impact of the war in Ukraine and divestitures of Heritage Brands Retail segment into consideration. Also, the company projected its operating margin to be approximately 9% for the full year, which compares to a 10.6% operating margin as of last year.
PVH’s management laid out a roadmap for a $12 billion total revenue in the fiscal year 2025. Compared to its current levels, this represents a substantial upward swing in its revenue growth.
Is PVH stock poised to decline in the short term or are gains looking more likely? Based on our machine learning analysis of trends in the stock price over the last ten years, there is a 59% chance of a rise in PVH stock over the next month (twenty-one trading days). See our analysis of PVH’s Stock Chance Of Rise for more details.
Calculation of ’Event Probability’ and ’Chance of rising’ using last ten years’ data
 Returns of -15% or lower over the five-day period on 32 occasions out of 2514 (1%); Stock rose in the next five days in 16 of these 32 instances (50%)
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 Returns of -16% or lower over the ten-day period on 70 occasions out of 2514 (3%); Stock rose in the next ten days in 35 of these 70 instances (50%)
 Returns of -16% or lower over the twenty-one-day period on 160 occasions out of 2514 (6%); Stock rose in the next twenty-one days in 95 of these 160 instances (59%)
It is helpful to see how its peers stack up. PVH Peers shows how PVH stock compares against peers on metrics that matter. You will find other useful comparisons for companies across industries at Peer Comparisons.
With inflation rising and the Fed raising interest rates, PVH stock has fallen 50% this year. Can it drop more? See how low can PVH stock go by comparing its decline in previous market crashes. Here is a performance summary of all stocks in previous market crashes.
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