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Posted by
Two Blokes Jun 5 -
Filed in
Stock
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9 views
PVH's Q1 results beat lowered expectations, but underlying fundamentals remain weak with margin compression, excess inventory, and disappointing Asia performance. Management slashed full-year guidance, citing margin pressure, promotional activity, and inventory missteps, with EPS now expected to be $10.75-$11.00. Recent $500M buyback offers little support as management credibility is damaged and further buybacks are paused; inventory and trust will take quarters to fix.
