PVH Corp. (PVH)
NYSEConsumer DiscretionaryApparel - ManufacturersSnapshot 2026-09-04
$74.33+2.58%
Close 2026-09-04 · 1-day change
NYSEConsumer DiscretionaryApparel - ManufacturersSnapshot 2026-09-04
QuarterlyIQ Insights · PVH
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within consumer discretionary on a research-validated quality screen. As of 2026-09-04.
The screen ranks PVH against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Consumer Discretionary names rated weak grew net income 56% of the time over the next year (vs 53% for the rest of the cohort, n=5213).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue expanding direct-to-consumer revenues across all regions and brands, focusing on e-commerce and store growth.
Stated as a priority in 3 of last 3 quarters. Direct-to-consumer revenue grew 6% in 2026-Q2 and 6% in 2026-Q1, with approximately flat performance in 2026-Q3. Management consistently emphasizes DTC growth across Americas, APAC, and EMEA, and the trajectory shows delivering momentum in this channel.
“We continued to build momentum in DTC, with growth in both Americas and APAC and improved performance in EMEA compared to last quarter.”
“Increased direct-to-consumer revenues by 6% (3% in constant currency) with growth in both stores and e-commerce across Calvin Klein and Tommy Hilfiger.”
“We grew our direct-to-consumer business, with growth in stores and online across both brands.”
Focus on cost discipline and efficiency to sustain and enhance operating margins despite macroeconomic challenges.
Stated as a priority in 3 of last 3 quarters. Non-GAAP operating margin was 6.5% in 2026-Q1 and improved to 11.1% in 2026-Q3, exceeding guidance. Full year 2026 operating margin guidance is maintained at approximately 8.8%. Management is delivering on margin improvement and cost discipline despite macroeconomic pressures.
“Delivered second quarter non-GAAP operating margin above guidance, reflecting stronger gross margin and continued cost discipline.”
Complete planned share repurchases totaling at least $300 million during 2026 to return capital to shareholders.
Stated as a priority in 3 of last 3 quarters. Management consistently expects to repurchase at least $300 million of shares in 2026. No repurchases were made in the first half of 2026, indicating limited progress so far, but the commitment remains firm.
“The Company currently expects to repurchase at least $300 million of shares of its common stock for the full year 2026.”
Continue multi-year initiative to centralize processes, improve systems, and drive cost-effective ways of working.
Stated as a priority in 3 of last 3 quarters. The company incurred $7 million in restructuring costs in 2026-Q1 and $17 million in 2026-Q2 related to Growth Driver 5 Actions, continuing a multi-year initiative started in 2024. Management is maintaining focus on simplifying the operating model with ongoing cost discipline, showing delivering progress.
Invest in product innovation and marketing campaigns to grow key hero product categories across Calvin Klein and Tommy Hilfiger.
Stated as a priority in 2 of last 3 quarters. Management highlights growth in hero product categories such as denim, underwear, sweaters, and outerwear, supported by product innovation and marketing campaigns. While no specific revenue numbers for these categories are provided, the focus is consistent and ongoing.
“Scaling the impact of continued product innovation, growing full hero product categories of denim and underwear for Calvin Klein and sweaters and outerwear for TOMMY HILFIGER.”
Over the trailing year it converted 3.17x of net income into operating cash flow. Historically, Consumer Discretionary names rated robust grew net income 58% of the time over the next year (vs 45% for the rest of the cohort, n=3652).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
24 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Consumer Discretionary names rated volatile grew net income 59% of the time over the next year (vs 48% for the rest of the cohort, n=1937).
Not investment advice. As of 2026-09-04.
“Delivered first quarter operating margin at the high end of guidance and maintaining overall operating margin guidance.”
“Operating margin on a non-GAAP basis was 6.5%, in line with guidance of 6.0% to 6.5%.”
“The Company currently expects to repurchase at least $300 million of shares of its common stock for the full year 2026.”
“The Company currently expects to repurchase at least $300 million of shares of its common stock for the full year 2026.”
“Pre-tax restructuring costs related to Growth Driver 5 Actions recorded in 2026.”
“Pre-tax restructuring costs incurred in connection with Growth Driver 5 Actions.”
“Pre-tax restructuring costs incurred in connection with Growth Driver 5 Actions.”
“We grew multiple full hero categories in DTC – underwear and denim for Calvin and sweaters and outerwear for TOMMY.”