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PVH Corp (NYSE:PVH) shares surged Tuesday afternoon, gaining 18.10% to $76.34 as of 3:29 p.m. ET, after the company provided a strong full-year 2025 outlook, despite acknowledging ongoing macroeconomic and geopolitical challenges. Although fourth-quarter sales and profits declined year over year, investor sentiment turned positive following above-consensus results and projections for record profits in the year ahead. The stock's advance marked its highest level in over a month and snapped a three-day losing streak. During the company's earnings call, CEO Stefan Larsson addressed near-term obstacles, including weakened consumer demand in the U.S.
and broader macro pressures. He emphasized recent cost control initiatives aimed at improving operational efficiency under these conditions. PVH also faces additional hurdles in China, having been added to the country's unreliable entity list due to its stance on Xinjiang cotton sourcing. The move, paired with a seasonal slowdown, contributed to a step down in regional revenue. Despite the positive market reaction, analysts remain cautious.
BMO Capital and BofA Securities both reiterated Neutral ratings, citing concerns over Calvin Klein's margin potential and uncertainty in consumer behavior. Larsson pointed to PVH's global licensing business as a core strength expected to support long-term growth. This article first appeared on GuruFocus. View Comments
PVH Surges 18% on FY25 Forecast, But Analysts Caution Over Global Headwinds
April 01, 2025 09:54 PM BST | By EODHD
