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Mar 31, 2022
PVH(PVH, $82.66) posts Q4 earnings

PVH(PVH, $82.66) posts Q4 earnings

Clothing company PVH Corp reported its fourth quarter earnings, that experienced a rebound from the year-ago quarter's losses.

PVH Corp.’s fourth quarter earnings on a GAAP basis were $5.53 dollars per share for the fourth quarter compared to a loss per share of -81 cents in the year-ago quarter. On a non-GAAP basis, earnings were $2.84 per share compared to a loss per share of -38 cents in the prior year period.

Fourth quarter revenue at PVH Corp. increased +16% from the year-ago quarter (or +20% on a constant currency basis) to $2.430 billion.

The company’s revenue in its Tommy Hilfiger business increased +18% year-over-year (or +23% on a constant currency basis). That includes a +20% increase (or 26%  on a constant currency basis) in Tommy Hilfiger international revenue, and a +14% increase in Tommy Hilfiger North America revenue.

Calvin Klein business revenue saw a +27% year-over-year increase (or a +30% increase on a constant currency basis), which includes + 24% (or +30% increase on a constant currency basis) in Calvin Klein international revenue and a +32% increase in Calvin Klein North America revenue.

However, the company’s Heritage Brands business experienced a -33% decrease in the compared to the prior year period, which included a -51% year-over-year decrease resulting from the Heritage Brands transaction and the exit from the Heritage Brands retail business.

For the full-year 2021, PVH revenue increased +28% (or +26% in constant currency) to $9.15 billion dollars compared to 2020. Earnings per share on a GAAP basis were $13.25  for 2021 compared to a loss per share of -$15.96  in 2020. Earnings per share on a non-GAAP basis were $10.15 a share compared to a loss per share of -$1.97 dollars in 2020.

Looking ahead, the company projects 2022 revenue to increase +2% to +3% (or increase +6% to +7 % on a constant currency basis as compared to 2021.

It is expecting 2022 operating margin to be approximately 10 percent, and earnings per share will be approximately $9  compared to $13.25  on a GAAP basis and $10.15 on a non-GAAP basis in 2021.

The company forecasts that first quarter 2022 earnings per share will be in a range of $1.55  to $1.60 compared to $1.38 dollars on a GAAP basis and 1.92 dollars on a non-GAAP basis in the prior year period. Revenue in the first quarter of 2022 is expected to be relatively flat and increase approximately +4% on a constant currency basis.

Related Ticker: PVH

Contributor

Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.


PVH in upward trend: price may jump up because it broke its lower Bollinger Band on August 17, 2026

PVH may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 42 cases where PVH's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 7 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

The 10-day moving average for PVH crossed bullishly above the 50-day moving average on July 30, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PVH advanced for three days, in of 290 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 195 cases where PVH Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for PVH moved out of overbought territory on August 05, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 27 similar instances where the indicator moved out of overbought territory. In of the 27 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on August 11, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on PVH as a result. In of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for PVH turned negative on August 12, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .

PVH moved below its 50-day moving average on August 17, 2026 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PVH declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.739) is normal, around the industry mean (6.314). P/E Ratio (23.788) is within average values for comparable stocks, (29.463). PVH's Projected Growth (PEG Ratio) (0.059) is slightly lower than the industry average of (0.954). PVH has a moderately low Dividend Yield (0.002) as compared to the industry average of (0.024). P/S Ratio (0.413) is also within normal values, averaging (0.912).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. PVH’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. PVH’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 91, placing this stock worse than average.

Notable companies

The most notable companies in this group are VF Corp (NYSE:VFC), G-III Apparel Group Ltd (NASDAQ:GIII), Canada Goose Holdings (NYSE:GOOS), Lakeland Industries (NASDAQ:LAKE).

Industry description

Apparel/footwear might be slightly more ‘cyclical’ in the largely non-cyclical category of non-durables. While digital giants like Amazon have been rapidly expanding their presence, traditional clothing/footwear retailers have also been bulking up their online presence in recent years, to milk the burgeoning trend of online shopping among consumers across the globe. The apparel and footwear retail market was valued at around $ 360 billion in 2018, and this figure was expected to reach about $386 billion by 2020 (according to a Statista report). NIKE, Inc, V.F. Corporation and Under Armour, Inc. are some of the companies with the largest U.S. stock market caps in this segment.

Market Cap

The average market capitalization across the Apparel/Footwear Industry is 3.13B. The market cap for tickers in the group ranges from 1.66K to 27.62B. HNNMY holds the highest valuation in this group at 27.62B. The lowest valued company is SQBGQ at 1.66K.

High and low price notable news

The average weekly price growth across all stocks in the Apparel/Footwear Industry was -0%. For the same Industry, the average monthly price growth was -4%, and the average quarterly price growth was 4%. NCI experienced the highest price growth at 6%, while XELB experienced the biggest fall at -8%.

Volume

The average weekly volume growth across all stocks in the Apparel/Footwear Industry was 8%. For the same stocks of the Industry, the average monthly volume growth was 2% and the average quarterly volume growth was -27%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 47
P/E Growth Rating: 52
Price Growth Rating: 57
SMR Rating: 70
Profit Risk Rating: 91
Seasonality Score: -24 (-100 ... +100)
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General Information

a manufacturer of men's, women's, and children's apparel and footwear

Industry ApparelFootwear

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Industry
Apparel Or Footwear
Address
285 Madison Avenue
Phone
+1 212 381-3500
Employees
29000
Web
https://www.pvh.com
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