PVH Corp Rides High on Brand Strength & Other Initiatives

PVH Corp. PVHlooks promising on the back of robust brand strength, impressive surprise history, healthy balance sheet and efforts to keep pace with the evolving consumer trends. Also, the company has topped the earnings estimates for the 15th consecutive quarter with sixth straight sales beat.

These factors have raised investors’ confidence in this Zacks Rank #2 (Buy) stock.

In a year’s time, PVH Corp. outperformed the Textile-Apparelindustry and the broader sector. While shares of the company surged a whopping 52.5%, the industry and the Consumer Discretionarysector gained 32.9% and 7.2%, respectively. We believe that momentum is still left in the stock as it has a VGM Scoreof A and long-term earnings growth rate of 13%.