PVH Corp.

NYSE:PVH Stock Report

Market Cap: US$4.2b

PVH Management

Management criteria checks 3/4

PVH's CEO is Stefan Larsson, appointed in Feb 2021, has a tenure of 5.25 years. total yearly compensation is $16.28M, comprised of 8.7% salary and 91.3% bonuses, including company stock and options. directly owns 0.73% of the company’s shares, worth $30.84M. The average tenure of the management team and the board of directors is 2.1 years and 5.2 years respectively.

Key information

Stefan Larsson

Chief executive officer

US$16.3m

Total compensation

CEO salary percentage8.73%
CEO tenure5.3yrs
CEO ownership0.7%
Management average tenure2.1yrs
Board average tenure5.2yrs

Recent management updates

Analysis Article Jun 11

Increases to CEO Compensation Might Be Put On Hold For Now at PVH Corp. (NYSE:PVH)

Key Insights PVH to hold its Annual General Meeting on 18th of June CEO Stefan Larsson's total compensation includes...

Recent updates

Seeking Alpha May 09

The Pros And Cons Of Buying PVH Corp. Now

Summary PVH Corp. demonstrates resilient sales results amid fluctuating U.S. consumer confidence, but the fact that FX contributed significantly to growth is worrying. While the growth in PVH's receivables is not a concern, the amount of debt is, especially if interest rates were to stay higher for longer. Share buybacks underscore management's confidence in PVH's valuation and future cash flow generation. Current market dynamics and internal capital allocation strategies position PVH for potential long-term shareholder value creation, but I would like to see growth before issuing a buy rating. Read the full article on Seeking Alpha
Narrative Update Apr 30

PVH: Brand Phaseouts And Rising SG&A Will Constrain Future Upside Potential

PVH's updated analyst price targets show a mixed but generally supportive tone, with several firms lifting their views by $10 to $16 while one cut its target to $120. Analysts point to self help earnings initiatives and shifting expectations around revenue growth, margins and future P/E multiples.
Narrative Update Apr 15

PVH: Self Help And Brand Phaseout Risks Will Pressure Future Upside

PVH's analyst price target has shifted to $79 from $74 as analysts factor in updated assumptions for revenue growth, profit margins and future P/E, alongside recent changes in Street targets and commentary on the company's self help initiatives. Analyst Commentary Recent Street research shows a mix of optimism on PVH's long term earnings potential and caution around execution risks, brand transitions and the impact on valuation.
Narrative Update Apr 01

PVH: Self Help And AI Collaboration Will Shape Balanced Risk Reward Outlook

PVH's analyst price target has been trimmed from $79 to $74 as analysts factor in lower Street targets tied to concerns around brand phaseouts and higher SG&A investments, even as they continue to reference company specific self help initiatives in their rationale. Analyst Commentary Recent price target revisions on PVH reflect a more cautious tone from several bearish analysts, even as they continue to reference self help initiatives and long term earnings ambitions.
Narrative Update Mar 18

PVH: Self Help And AI Adoption Will Drive Future Re Rating

Narrative Update on PVH Analysts have reduced their PVH Corp. price target to $120 from $148, citing ongoing self help initiatives that support slightly higher modeled revenue growth, profit margins, and a marginally lower future P/E assumption.
Narrative Update Mar 04

PVH: Future AI Execution And Buy Rating Will Support Share Re Rating

Analysts keep their fair value estimate for PVH steady at $79.00, with updated assumptions around revenue growth, profit margins and a lower discount rate helping support the current $79.00 price target, backed by recent positive research attention including a new Buy rating initiation. Analyst Commentary Recent research attention, including a new Buy initiation, highlights that some analysts see upside potential in PVH at current levels, with the steady US$79.00 fair value estimate reflecting updated views on growth, margins and risk.
Narrative Update Feb 17

PVH: New Buy Rating And Execution Will Support Stronger Future Returns

Analysts nudged their $138.72 price target for PVH in line with modest tweaks to the discount rate, revenue growth, profit margin, and future P/E assumptions, supported by fresh Street research including a new Buy initiation. Analyst Commentary Recent Street research has tilted constructive, with bullish analysts aligning around a case that PVH can justify a higher valuation multiple as execution improves against their updated assumptions for revenue growth, margins, and future P/E.
Narrative Update Feb 03

PVH: Margin Resilience And Buy Rating Will Support Stronger Future Returns

Analysts have adjusted their fair value estimate for PVH to about US$139 from roughly US$137, citing updated assumptions around the discount rate, modest revenue growth, profit margins and future P/E expectations following recent Street research attention. Analyst Commentary Bullish analysts are treating the recent fair value adjustment for PVH as part of a broader positive reassessment, centered on how the company might balance modest revenue growth, profit margins and its future P/E profile.
Narrative Update Jan 19

PVH: Future Execution On Earnings Guidance Will Support Share Re Rating

The analyst price target for PVH has been adjusted modestly, with a US$1 move in fair value to US$79.0 as analysts factor in updated revenue growth and margin assumptions, along with recent Street research that includes a higher US$98 target from Jefferies. Analyst Commentary Recent updates from the Street have centered on refined revenue and margin assumptions for PVH, with the latest fair value estimate at US$79.0 sitting below a higher US$98 price target from Jefferies.
Narrative Update Jan 05

PVH: Higher Earnings Confidence Will Support Re Rating Despite Margin Concerns

Analysts have lifted their fair value estimate for PVH from US$70.00 to US$80.00, reflecting updated assumptions around revenue growth, profit margins and a slightly higher future P/E multiple following recent price target revisions in Street research. Analyst Commentary Recent Street research has generally framed PVH as a stock with upside potential, but also one where execution on revenue growth and profitability assumptions will be closely watched.
Narrative Update Dec 15

PVH: Margin Improvements And Share Repurchases Will Support Stronger Share Performance

Analysts modestly raised their price target on PVH to approximately $98 from about $96, reflecting slightly stronger margin expectations, even as revenue growth forecasts ease and valuation multiples compress. Analyst Commentary Bullish analysts have highlighted PVH as a relative winner within the Fashion Brands group, pointing to resilient fundamentals despite a more cautious backdrop for discretionary spending.
Analysis Article Sep 09

Results: PVH Corp. Exceeded Expectations And The Consensus Has Updated Its Estimates

PVH Corp. ( NYSE:PVH ) defied analyst predictions to release its second-quarter results, which were ahead of market...
Narrative Update Aug 28

Expansion In Asia-Pacific And Europe Will Unlock Future Potential

PVH’s price target has been raised to $95.00, as stronger-than-expected Q2 sales and margin improvements outweighed concerns about promotional pressure, operational challenges, and cautious guidance, with bullish sentiment further supported by CEO insider buying and expectations for efficiency gains. Analyst Commentary Stronger-than-expected Q2 sales and improved margins contributed to upward price target revisions, though some analysts view management’s guidance as conservative and the stock as undervalued.
Analysis Article Jul 17

An Intrinsic Calculation For PVH Corp. (NYSE:PVH) Suggests It's 45% Undervalued

Key Insights PVH's estimated fair value is US$131 based on 2 Stage Free Cash Flow to Equity PVH's US$71.41 share price...
Analysis Article Jul 02

These 4 Measures Indicate That PVH (NYSE:PVH) Is Using Debt Extensively

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Jun 16

There May Be Reason For Hope In PVH's (NYSE:PVH) Disappointing Earnings

The most recent earnings report from PVH Corp. ( NYSE:PVH ) was disappointing for shareholders. However, our analysis...
Analysis Article Jun 11

Increases to CEO Compensation Might Be Put On Hold For Now at PVH Corp. (NYSE:PVH)

Key Insights PVH to hold its Annual General Meeting on 18th of June CEO Stefan Larsson's total compensation includes...
Analysis Article May 09

PVH Corp. (NYSE:PVH) Could Be Riskier Than It Looks

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 18x, you may...
Analysis Article Apr 21

Should You Investigate PVH Corp. (NYSE:PVH) At US$68.92?

PVH Corp. ( NYSE:PVH ), is not the largest company out there, but it saw a decent share price growth of 14% on the NYSE...
Seeking Alpha Mar 25

PVH Corp. Q4 Preview: I Recommend High Caution

Summary PVH Corp. has historically had quite stable earnings, while notably trailing from its 2022 Investor Day targets. PVH's outlook is weak. With risks in China, stagnant brand relevance with Tommy Hilfiger and Calvin Klein, and potentially weak consumer confidence, the Q4 report will likely be weak. After a decline, PVH's stock is cheap. Yet, due to the rising uncertainties, I believe that the cheap price is warranted. Read the full article on Seeking Alpha
Analysis Article Mar 14

PVH (NYSE:PVH) Is Experiencing Growth In Returns On Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Analysis Article Feb 06

Not Many Are Piling Into PVH Corp. (NYSE:PVH) Stock Yet As It Plummets 26%

PVH Corp. ( NYSE:PVH ) shareholders that were waiting for something to happen have been dealt a blow with a 26% share...
Seeking Alpha Jan 17

PVH Corp: China's Advanced Probe Could Disrupt Supply Chain And Production

Summary PVH Corp faces significant risks due to a Chinese investigation over alleged Xinjiang cotton boycotts, potentially impacting 16% of its profits and supply chains. The investigation is linked to U.S. sanctions under the Uyghur Forced Labor Prevention Act, complicating PVH's choices between U.S. compliance and Chinese market access. The most severe penalties could include restrictions on China trade, investment, personnel, and unspecified fines, with PVH potentially needing to cease all China operations. Given the heightened risks and market reaction, I maintain a Hold rating, anticipating PVH may need to orchestrate an orderly withdrawal from China. Read the full article on Seeking Alpha
Analysis Article Jan 10

Does PVH (NYSE:PVH) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Seeking Alpha Jan 09

PVH Corp.: Reiterate Buy Rating As I Remain Confident On Growth And Margin Outlook

Summary I maintain a buy rating on PVH Corp. due to expected positive growth in FY25, driven by improved demand and margin expansion. The macroeconomic environment has continued to improve, boosting consumer confidence and discretionary spending, benefiting PVH's DTC channels and stabilizing U.S. wholesale markets. Strategic initiatives, including effective inventory management and transitioning G-III licenses in-house, are set to enhance margins and operational efficiency. Read the full article on Seeking Alpha
Analysis Article Dec 23

Fewer Investors Than Expected Jumping On PVH Corp. (NYSE:PVH)

PVH Corp.'s ( NYSE:PVH ) price-to-earnings (or "P/E") ratio of 8.4x might make it look like a strong buy right now...
Analysis Article Dec 05

PVH (NYSE:PVH) Is Doing The Right Things To Multiply Its Share Price

To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
Seeking Alpha Dec 05

PVH Corp.: Concerning Guidance Outweighs Solid Q3 Results

Summary PVH Corp. shares fell 6% after reporting Q3 results and offering disappointing Q4 guidance, despite beating Q3 earnings expectations. European consumer pullback and high inventory levels are key concerns, impacting PVH's sales and margins. Despite challenges, PVH's strong balance sheet and buybacks offer some support, with shares trading at an attractive valuation. I recommend buying the dip, anticipating shares to recover to $115-120, driven by strong brands and potential growth in the US next year. Read the full article on Seeking Alpha
Analysis Article Nov 04

A Look At The Intrinsic Value Of PVH Corp. (NYSE:PVH)

Key Insights The projected fair value for PVH is US$94.54 based on 2 Stage Free Cash Flow to Equity With US$98.46 share...
Seeking Alpha Oct 02

PVH Corp.: Upgrade To Buy Given The Better Demand Outlook

Summary I upgrade PVH stock from sell to buy due to improved demand outlook and visible path to margin expansion, enabling faster earnings growth than top line. Easing inflation in key markets and improved consumer sentiment have significantly boosted the demand outlook, with strong sell-through rates and improving order books. Management's cautious 3Q24 revenue decline guidance is prudent, but early signs of strong sales and record consumer engagement suggest potential outperformance. Read the full article on Seeking Alpha
Analysis Article Sep 18

Not Many Are Piling Into PVH Corp. (NYSE:PVH) Just Yet

With a price-to-earnings (or "P/E") ratio of 7.2x PVH Corp. ( NYSE:PVH ) may be sending very bullish signals at the...
Seeking Alpha Sep 02

PVH Corp.: Q2 Results Provide More Confidence For FY24 Guidance, Reiterating Buy

Summary PVH Corp.'s 2Q24 results met expectations, with revenue declines mainly due to the sale of legacy brands, and showed sequential improvement in North America and Europe. Despite a 20% stock drop since June, fundamentals have improved, making the current 9.5x earnings valuation attractive; I maintain my Buy rating. Mixed top line performance: 2Q24 revenue down 6%, with a 3% comparable decrease; Europe showed significant improvement, while North America was flat and Asia declined. For 2H24, wholesale revenue outlook aligns with yearly guidance, showing improvement in Europe for the Spring 25 season. Read the full article on Seeking Alpha
Analysis Article Aug 30

Results: PVH Corp. Exceeded Expectations And The Consensus Has Updated Its Estimates

PVH Corp. ( NYSE:PVH ) shareholders are probably feeling a little disappointed, since its shares fell 4.9% to US$96.89...
User avatar
New Narrative Aug 29

Shifting Focus To Calvin Klein And Tommy Hilfiger Drives Brand Revitalization And Margin Growth

Streamlining operations through focus on Calvin Klein and Tommy Hilfiger brands and efficiency measures should improve net margins and revenue.

CEO Compensation Analysis

How has Stefan Larsson's remuneration changed compared to PVH's earnings?
DateTotal CompensationSalaryCompany Earnings
Feb 01 2026n/an/a

US$25m

Nov 02 2025n/an/a

US$341m

Aug 03 2025n/an/a

US$469m

May 04 2025n/an/a

US$402m

Feb 02 2025US$16mUS$1m

US$599m

Nov 03 2024n/an/a

US$713m

Aug 04 2024n/an/a

US$743m

May 05 2024n/an/a

US$679m

Feb 04 2024US$16mUS$1m

US$664m

Oct 29 2023n/an/a

US$531m

Jul 30 2023n/an/a

US$182m

Apr 30 2023n/an/a

US$203m

Jan 29 2023US$12mUS$1m

US$200m

Oct 30 2022n/an/a

US$453m

Jul 31 2022n/an/a

US$919m

May 01 2022n/an/a

US$986m

Jan 30 2022US$15mUS$1m

US$952m

Oct 31 2021n/an/a

US$504m

Aug 01 2021n/an/a

US$294m

May 02 2021n/an/a

US$61m

Jan 31 2021US$8mUS$1m

-US$1b

Nov 01 2020n/an/a

-US$1b

Aug 02 2020n/an/a

-US$1b

May 03 2020n/an/a

-US$761m

Feb 02 2020US$7mUS$800k

US$417m

Compensation vs Market: Stefan's total compensation ($USD16.28M) is above average for companies of similar size in the US market ($USD7.18M).

Compensation vs Earnings: Stefan's compensation has been consistent with company performance over the past year.


CEO

Stefan Larsson (50 yo)

5.3yrs
Tenure
US$16,278,038
Compensation

Mr. Stefan Larsson has been Chief Executive Officer and Director at PVH Corp. since February 1, 2021. He served as President of PVH Corp. since June 3, 2019 until January 2021. Mr. Larsson served as Chief...


Leadership Team

NamePositionTenureCompensationOwnership
Stefan Larsson
CEO & Director5.3yrsUS$16.28m0.73%
$ 30.8m
David Savman
Global Brand President of Calvin Kleinless than a yearUS$3.51m0.069%
$ 2.9m
Lea Goldman
Global Brand President of Tommy Hilfiger2.1yrsUS$3.38m0.058%
$ 2.4m
Melissa Stone
Interim CFO and Executive VP of Global Financial Planning & Analysisless than a yearno data0.039%
$ 1.7m
Patricia Gabriel
Chief Supply Chain Officer & Global Head of Operationsless than a yearno datano data
Erik Graf
Executive VP1yrno data0.028%
$ 1.2m
Ester Jimenez
Chief Technology & Information Officer2.3yrsno datano data
Sheryl Freeman
Vice President of Investor Relationsno datano datano data
Mark Fischer
Executive VP27.3yrsUS$1.56m0.046%
$ 1.9m
Gemma Hart
Chief Communications Officerless than a yearno datano data
Amba Subrahmanyam
Executive VP & Chief People Officer2.3yrsno data0.060%
$ 2.5m
Ellen Constantinides
Chief Operating Officer of Global Supply Chain17.3yrsno datano data
2.1yrs
Average Tenure
50yo
Average Age

Experienced Management: PVH's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Stefan Larsson
CEO & Director5.3yrsUS$16.28m0.73%
$ 30.8m
Amy McPherson
Independent Director9.1yrsUS$325.10k0.033%
$ 1.4m
George Cheeks
Independent Director5.2yrsUS$305.10k0.018%
$ 769.8k
Brent Callinicos
Independent Director12.3yrsUS$337.60k0.042%
$ 1.8m
Michael Calbert
Independent Non-Executive Chairman4yrsUS$505.11k0.16%
$ 6.6m
Judith Sourry Knox
Independent Director9.4yrsUS$325.10k0.033%
$ 1.4m
Ajay Bhalla
Independent Director3.8yrsUS$300.10k0.0083%
$ 348.9k
Kate Gulliver
Independent Director1.8yrsUS$49.00kno data
Geraldine McIntyre
Independent Director11.3yrsUS$305.10k0.0022%
$ 91.7k
Jesper Andersen
Independent Director1.5yrsUS$16.33k0.0016%
$ 67.8k
5.2yrs
Average Tenure
59yo
Average Age

Experienced Board: PVH's board of directors are considered experienced (5.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 17:40
End of Day Share Price 2026/05/07 00:00
Earnings2026/02/01
Annual Earnings2026/02/01

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

PVH Corp. is covered by 27 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jamie MerrimanBernstein
Lorraine Corrine HutchinsonBofA Global Research
Susan AndersonB. Riley Securities, Inc.