The Pros And Cons Of Buying PVH Corp. Now
PVH Corp., owner of Calvin Klein and Tommy Hilfiger, has shown resilient sales despite weak consumer confidence, with foreign exchange contributing significantly to growth. While the company's receivables are not a concern, the level of debt is, particularly if interest rates remain high. Share buybacks indicate management's confidence in PVH's valuation and future cash flow, positioning it for potential long-term shareholder value, but the author seeks more growth before recommending a buy.
https://seekingalpha.com/article/4901831-the-pros-and-cons-of-buying-pvh-corp-now