PVH (PVH) Stock Forecast & Price Target

PVH's stock outlook is positively influenced by a robust increase in global men’s underwear sales, which rose 14% year-over-year, significantly bolstered by the successful Cotton Stretch franchise and an effective spring campaign featuring Bad Bunny. Additionally, the firm reported healthy core category performance with Tommy menswear sales increasing by 3% and Calvin underwear by 6% year-over-year, driven by seasonal product innovation and strong sales execution. Furthermore, improved product availability across all regions and channels indicates that PVH's inventory remains fresh and aligned with consumer demand, suggesting a favorable market position.

PVH is facing a significant negative outlook due to projected gross margin declines of approximately 175 basis points year-over-year, despite some signs of operational stabilization for its Calvin Klein brand. Additionally, sales in the Asia Pacific region are expected to continue contracting, mirroring the low single-digit decline seen in the second quarter of 2025, with reported revenue down by 1.4% and a 2.9% drop in constant currency. These fundamental challenges indicate potential risks in profitability and revenue growth that could adversely affect the overall financial health of the company.