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home / news releases / pvh corp initiate sell rating as fy24 performance is

PVH - PVH Corp.: Initiate Sell Rating As FY24 Performance Is Going To Be Weak

PVH Corp.

2024-04-24 04:29:10 ET

Summary

  • PVH Corp. stock is recommended as a sell due to negative near-term outlook and macro headwinds in Europe.
  • The company's largest brands, Calvin Klein and Tommy Hilfiger, have strong consumer appeal but face challenges in Europe.
  • Despite a lower cost structure and margin expansion, the market is focused on growth recovery, limiting positive sentiment.

Investment summary

For further details see:

PVH Corp.: Initiate Sell Rating As FY24 Performance Is Going To Be Weak
Stock Information
Company Name: PVH Corp.
Stock Symbol: PVH
Market: NYSE
Website: pvh.com
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