What Does PVH Guidance Cut Say About Retail Consumer Spending?
PVH(PVH) MarketBeat·2024-04-10 20:00
Key PointsPVH Corp is the owner, manufacturer and distributor of Calvin Klein and Tommy Hilfiger brand apparel and accessories.PVH Corp.’s Q4 2023 gross margins improved by 440 bps as inventory levels fell 21% YoY.Wholesale customers like Macy's took a cautious approach as they dealt with an inventory glut, causing wholesale channel revenues to fall 10% YoY.5 stocks we like better than PVHPVH Corp NYSE: PVH is a global apparel company best known for its Calvin Klein and Tommy Hilfiger brand clothing, appare ...