Company profile

Ticker
PVH
Exchange
Website
CEO
Emanuel Chirico
Employees
Incorporated
Location
Fiscal year end
Former names
Phillips Van Heusen Corp
SEC CIK
IRS number
131166910

PVH stock data

(
)

Calendar

11 Jun 20
6 Aug 20
31 Jan 21

News

Company financial data Financial data

Quarter (USD) May 20 Feb 20 Nov 19 Aug 19
Revenue 1.34B 2.6B 2.59B 2.36B
Net income -1.1B -68.5M 208.9M 193.1M
Diluted EPS -15.37 -0.86 2.82 2.58
Net profit margin -81.64% -2.63% 8.07% 8.17%
Operating income -1.22B -95.7M 269.5M 249.8M
Net change in cash 297.3M -51.8M 121.7M -60.8M
Cash on hand 800.7M 503.4M 555.2M 433.5M
Cost of revenue 678.1M 1.2B 1.18B 1.08B
Annual (USD) Feb 20 Feb 19 Feb 18 Jan 17
Revenue 9.91B 9.66B 8.91B 8.2B
Net income 415.1M 744.6M 536.1M 548.7M
Diluted EPS 5.6 9.65 6.84 6.79
Net profit margin 4.19% 7.71% 6.01% 6.69%
Operating income 558.7M 891.7M 632.4M 789.2M
Net change in cash 51.4M -41.9M -236.2M 173.7M
Cash on hand 503.4M 452M 493.9M 730.1M
Cost of revenue 4.52B 4.35B 4.02B 3.83B

Financial data from PVH earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
18 Jun 20 Mary Baglivo Common Stock, $1 par value Grant Aquire A No 0 1,770 0 14,383
18 Jun 20 Marino Vincent James Common Stock, $1 par value Grant Aquire A No 0 1,770 0 25,620
18 Jun 20 Fuller Joseph B Common Stock, $1 par value Grant Aquire A No 0 1,770 0 48,560
18 Jun 20 Callinicos Brent Common Stock, $1 par value Grant Aquire A No 0 1,770 0 9,710
18 Jun 20 McIntyre Geraldine Penny Common Stock, $1 par value Grant Aquire A No 0 1,770 0 9,546
98.3% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 356 428 -16.8%
Opened positions 50 68 -26.5%
Closed positions 122 61 +100.0%
Increased positions 142 126 +12.7%
Reduced positions 109 167 -34.7%
13F shares
Current Prev Q Change
Total value 33.15B 93.28B -64.5%
Total shares 69.73M 72.28M -3.5%
Total puts 770.56K 885.6K -13.0%
Total calls 362.8K 479.65K -24.4%
Total put/call ratio 2.1 1.8 +15.0%
Largest owners
Shares Value Change
FMR 10.05M $378.22M +18.1%
Vanguard 8.39M $315.85M +2.4%
PZN Pzena Investment Management 6.37M $239.64M +27.9%
BLK BlackRock 5.59M $210.59M +5.7%
Wellington Management 3.84M $144.57M +1.0%
STT State Street 3.29M $123.88M -1.2%
Dimensional Fund Advisors 2.13M $80.05M +15.3%
BEN Franklin Resources 1.94M $73.03M -1.5%
JPM JPMorgan Chase & Co. 1.7M $64.14M -3.4%
BK Bank of New York Mellon 1.62M $61.11M +12.5%
Largest transactions
Shares Bought/sold Change
FMR 10.05M +1.54M +18.1%
PZN Pzena Investment Management 6.37M +1.39M +27.9%
Boston Partners 0 -1.28M EXIT
GS Goldman Sachs 756.36K -1.05M -58.0%
Norges Bank 0 -825.04K EXIT
Alyeska Investment 0 -584.52K EXIT
Aqr Capital Management 740.59K -537.35K -42.0%
Cramer Rosenthal MCGLYNN 0 -462.21K EXIT
Dorsal Capital Management 0 -450K EXIT
Cubist Systematic Strategies 358.47K +352.39K +5800.7%

Financial report summary

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Competition
UnifiDeseo Swimwear
Risks
  • A substantial portion of our revenue and gross profit is derived from a small number of large wholesale customers and the loss of any of these customers or significant financial difficulties in their businesses could substantially reduce our revenue.
  • We may not be able to continue to develop and grow our Tommy Hilfiger and Calvin Klein businesses.
  • Our business is heavily dependent on the ability and desire of consumers to travel and shop.
  • Acquisitions may not be successful in achieving intended benefits, cost savings and synergies.
  • Future economic conditions, including volatility in the financial and credit markets may adversely affect our business.
  • Our business is exposed to foreign currency exchange rate fluctuations and control regulations.
  • Our level of debt could impair our financial condition and ability to operate.
  • We primarily use foreign suppliers for our products and raw materials, which poses risks to our business operations.
  • If our manufacturers, the manufacturers used by our licensees, or our licensees themselves fail to use legal and ethical business practices, our business could suffer.
  • We are dependent on third parties to source and manufacture our products and any disruption in our relationships with these parties or in their businesses may materially adversely affect our businesses.
  • We are dependent on a limited number of distribution facilities. If one becomes inoperable, our business, financial condition and operating results could be negatively impacted.
  • A portion of our revenue is dependent on royalties and licensing.
  • Our licensing business makes us susceptible to the actions of third parties over whom we have limited control.
  • We may be unable to protect our trademarks and other intellectual property rights.
  • We face intense competition in the apparel industry.
  • Our profitability may decline as a result of increasing pressure on margins.
  • If we are unable to manage our inventory effectively and accurately forecast demand for our products, our results of operations could be materially adversely affected.
  • The loss of members of our executive management and other key employees could have a material adverse effect on our business.
  • A significant shift in the relative sources of our earnings, adverse decisions of tax authorities or changes in tax treaties, laws, rules or interpretations could have a material adverse effect on our results of operations and cash flow.
  • If we are unable to fully utilize our deferred tax assets, our profitability could be reduced.
  • Volatility in securities markets, interest rates and other economic factors could increase substantially our defined benefit pension costs and liabilities.
  • Our balance sheet includes a significant amount of intangible assets and goodwill. A decline in the estimated fair value of an intangible asset or of a reporting unit could result in an impairment charge recorded in our operating results, which could be material.
  • Our balance sheet includes a significant amount of long-lived assets in our retail stores, including operating lease right-of-use assets and property, plant and equipment. A decline in the current and projected cash flows in our retail stores could result in impairment charges, which could be material.
  • The United Kingdom’s withdrawal from the European Union could harm our business and financial results.
Management Discussion
  • The COVID-19 outbreak is having a significant impact on our business, financial condition, cash flows and results of operations in 2020.
  • Virus-related concerns, reduced travel, temporary store closures and government-imposed restrictions have resulted in sharply reduced traffic and consumer spending trends and sales stoppages in our retail stores and in the stores of our wholesale customers in virtually all key markets during the first quarter of 2020. In addition, our supply chain had been disrupted and may experience future disruptions as a result of either closed factories or factories with reduced workforces. Our licensees’ sales and their supply chain are also being negatively impacted by the COVID-19 outbreak, which in turn negatively impacts our royalty revenue.
  • There is significant uncertainty about the duration and extent of the impact of the COVID-19 outbreak; however, there will be a significant negative impact to our 2020 revenue and net income.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. senior Avg
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