• EN

    • -+ 0.00%
    -+ 0.00%
    -+ 0.00%

    Is PVH (PVH) Undervalued As Earnings Brought A Net Loss And Goodwill Write Down?

    Simply Wall St·09/10/2026 13:29:24
    Listen to the news

    PVH (PVH) stock is reacting to a packed earnings update. The apparel group reported a second quarter net loss, booked a large goodwill impairment, and reaffirmed its full year outlook and profitability targets.

    PVH shares have pulled back sharply into this earnings release, with a 1-month share price return of down 21.37% and a 90-day share price return of down 16.26%, even though the year to date share price return is still slightly positive at 1.02%.

    The weaker recent share performance suggests investors are reassessing risk after the goodwill impairment and net loss. The 1-year total shareholder return of down 15.92% and 5-year total shareholder return of down 37.13% show that longer term holders have faced persistent pressure, despite management reaffirming the full year outlook.

    Compare PVH's reset expectations with a curated group of resilient retailers by scanning the 31 high quality undervalued stocks that combine solid balance sheets with cash flow strength.

    PVH just paired a sharp pullback with reaffirmed guidance and a hefty goodwill write down. Is the recent slide signaling deeper business strain, or has sentiment simply swung harder than the fundamentals justify as investors reassess valuation?

    Most Popular Narrative: 26.4% Undervalued

    PVH closed at $68.51, while the most followed narrative pegs fair value at $93.08 using an 11.71% discount rate. This frames the recent drop very differently.

    Increasing direct-to-consumer digital sales and omnichannel execution, supported by investments in online platforms and digital marketing, are reducing reliance on traditional wholesale and retail, expected to support higher net margins and improve overall earnings.

    Read the complete narrative. Read the complete narrative.

    Want to see what is backing that gap between price and fair value? The narrative leans heavily on earnings growth, richer margins, and a lower future earnings multiple than many investors might assume.

    Result: Fair Value of $93.08 (UNDERVALUED)

    Have a read of the narrative in full and understand what's behind the forecasts.

    Still, tariff uncertainty and repeated EMEA setbacks could chip away at PVH’s earnings story and prompt investors to question how durable this valuation gap really is.

    Find out about the key risks to this PVH narrative.

    Next Steps

    Sentiment around PVH is clearly mixed, which is exactly why it makes sense to move quickly, review the numbers for yourself, and weigh the upside the market may be overlooking with the 3 key rewards.

    Looking for more PVH investment ideas?

    Do not stop with PVH alone. Use the Simply Wall Street Screener to quickly surface other stocks and build a more rounded watchlist around your thesis.

    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.