Recent News
On June 26, 2025 CEO Stefan Larsson purchased approximately 15,644 shares on the open market, a roughly $1.0 million insider buy reported via SEC filings; filings and press coverage noted the purchase as a direct open-market acquisition.
Technical Analysis
ADX at 31.85 registers a strong trend strength, supporting the view that recent directional momentum carries substantive conviction into the coming weeks.
DI+ sits at 32.09 with a dip & reversal, which signals bullish directional pressure; DI- at 16.02 shows a decreasing trend, reinforcing bullish directional alignment.
MACD reads 2.06 with a dip & reversal in the MACD trend, indicating bullish momentum development, although the MACD remains marginally below the signal line at 2.07, so momentum faces a short-term confirmation hurdle.
MRO registers 10.8 and remains positive; that places the price above the model target and implies potential downside pressure if momentum stalls, a constraint for continued upside from current levels.
RSI at 59.74 shows a dip & reversal and stays below overbought thresholds, which supports further upside without immediate over-extension risk.
Price structures reinforce a bullish bias: the close at $87.76 sits above the 12-day EMA ($84.80, increasing), the 20-day average ($84.72), the 50-day average ($78.75), and the 200-day average ($79.91). Ichimoku lines (Tenkan $85.38, Kijun $82.39) sit below price, which complements the moving-average alignment.
Bollinger parameters place the close slightly above the 1x upper band ($87.63) but below the 2x upper ($90.54), suggesting short-term extension within a broader trading band; recent volume (1,283,782) exceeds the 10-day average (1,157,927), indicating active participation on the move.
Fundamental Analysis
Revenue growth year-over-year reached 47.6%, reflecting strong top-line expansion over the prior year. QoQ revenue moved negatively at -156.577% (data label preserved as provided), which signals sequential variability across the latest quarter.
Net income recorded $224,200,000 and EBIT registered $137,000,000; EBITDA totaled $205,700,000. EBIT margin sits at 6.32%, down -26.162% YoY and down -138.327% QoQ, which indicates margin compression versus prior periods despite positive gross margin dynamics.
Gross margin stands at 57.715%, a robust level relative to typical apparel manufacturing economics; gross margin contracted -3.911% YoY and -1.451% QoQ, suggesting promotional activity or cost mix shifts impacted profitability.
EPS came in at $2.52 versus an estimate of $2.00, producing an EPS beat of $0.52 and a 26% surprise ratio; forward EPS guidance sits at $3.1675 with a forward PE near 23.14x.
Cash flow metrics present strength: operating cash flow reached $213,100,000, free cash flow $181,900,000, and free cash flow yield approximates 5.0%, with free cash flow to net income at 81.1%, which signals high cash conversion relative to reported earnings.
Leverage requires attention: total debt equals $4,286,000,000 with net debt near $2,020,000,000 and debt/EBITDA around 20.84x, indicating elevated leverage relative to EBITDA coverage; interest coverage reads 5.31x.
Liquidity ratios show a current ratio of 1.37 and a quick ratio of 0.63; the cash ratio equals 10.322% while cash and short-term investments total $248,800,000. The cash conversion cycle stands at 98.6 days, which lies below the provided industry peer mean for days-in-inventory metrics, supporting working-capital efficiency relative to some peers.
P/B at 0.75 sits below the industry peer mean while roughly matching the industry peer median; PE at 29.51 remains below the peer mean and median provided. Free cash flow yield exceeds the industry peer mean and median figures provided. WMDST values the stock as under-valued based on the combination of a below-mean price-to-book, above-mean free cash flow yield, and compressed operating margins that leave room for margin recovery to re-rate multiples.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-07-31 |
| REPORT DATE: | 2025-08-26 |
| NEXT REPORT DATE: | 2025-12-03 |
| CASH FLOW | Begin Period Cash Flow | $ 191.0 M |
| Operating Cash Flow | $ 213.1 M | |
| Capital Expenditures | $ -31.20 M | |
| Change In Working Capital | $ 54.2 M | |
| Dividends Paid | $ -2.00 M | |
| Cash Flow Delta | $ 57.8 M | |
| End Period Cash Flow | $ 248.8 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 2.2 B | |
| Forward Revenue | $ 368.3 M | |
| COSTS | ||
| Cost Of Revenue | $ 916.4 M | |
| Depreciation | $ 68.7 M | |
| Depreciation and Amortization | $ 68.7 M | |
| Research and Development | — | |
| Total Operating Expenses | $ 2.0 B | |
| PROFITABILITY | ||
| Gross Profit | $ 1.3 B | |
| EBITDA | $ 205.7 M | |
| EBIT | $ 137.0 M | |
| Operating Income | $ 121.9 M | |
| Interest Income | $ 3.8 M | |
| Interest Expense | $ 25.8 M | |
| Net Interest Income | $ -22.00 M | |
| Income Before Tax | $ 111.2 M | |
| Tax Provision | $ -113.00 M | |
| Tax Rate | 21.0 % | |
| Net Income | $ 224.2 M | |
| Net Income From Continuing Operations | $ 224.2 M | |
| EARNINGS | ||
| EPS Estimate | $ 2.00 | |
| EPS Actual | $ 2.52 | |
| EPS Difference | $ 0.52 | |
| EPS Surprise | 26.0 % | |
| Forward EPS | $ 3.17 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 11.6 B | |
| Intangible Assets | $ 5.1 B | |
| Net Tangible Assets | $ -189.50 M | |
| Total Current Assets | $ 3.3 B | |
| Cash and Short-Term Investments | $ 248.8 M | |
| Cash | $ 248.8 M | |
| Net Receivables | $ 901.3 M | |
| Inventory | $ 1.8 B | |
| Long-Term Investments | $ 312.7 M | |
| LIABILITIES | ||
| Accounts Payable | $ 1.3 B | |
| Short-Term Debt | $ 12.8 M | |
| Total Current Liabilities | $ 2.4 B | |
| Net Debt | $ 2.0 B | |
| Total Debt | $ 4.3 B | |
| Total Liabilities | $ 6.8 B | |
| EQUITY | ||
| Total Equity | $ 4.9 B | |
| Retained Earnings | $ 6.2 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 101.14 | |
| Shares Outstanding | 48.117 M | |
| Revenue Per-Share | $ 45.04 | |
| VALUATION | Market Capitalization | $ 3.6 B |
| Enterprise Value | $ 7.7 B | |
| Enterprise Multiple | 37.337 | |
| Enterprise Multiple QoQ | -233.058 % | |
| Enterprise Multiple YoY | 60.66 % | |
| Enterprise Multiple IPRWA | high: 58.929 mean: 43.576 median: 43.293 PVH: 37.337 low: 11.343 |
|
| EV/R | 3.544 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 2.389 | |
| Asset To Liability | 1.72 | |
| Debt To Capital | 0.468 | |
| Debt To Assets | 0.369 | |
| Debt To Assets QoQ | 5.483 % | |
| Debt To Assets YoY | 697.857 % | |
| Debt To Assets IPRWA | high: 0.56 PVH: 0.369 mean: 0.24 median: 0.234 low: 0.11 |
|
| Debt To Equity | 0.881 | |
| Debt To Equity QoQ | 9.056 % | |
| Debt To Equity YoY | 780.7 % | |
| Debt To Equity IPRWA | high: 3.295 PVH: 0.881 mean: 0.481 median: 0.402 low: 0.173 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 0.749 | |
| Price To Book QoQ | -7.645 % | |
| Price To Book YoY | -33.455 % | |
| Price To Book IPRWA | high: 1.469 mean: 0.89 PVH: 0.749 median: 0.741 low: 0.402 |
|
| Price To Earnings (P/E) | 29.506 | |
| Price To Earnings QoQ | -12.99 % | |
| Price To Earnings YoY | -15.001 % | |
| Price To Earnings IPRWA | high: 124.091 mean: 72.83 median: 72.636 PVH: 29.506 low: -107.031 |
|
| PE/G Ratio | 3.085 | |
| Price To Sales (P/S) | 1.681 | |
| Price To Sales QoQ | -10.923 % | |
| Price To Sales YoY | -40.296 % | |
| Price To Sales IPRWA | high: 2.244 median: 1.741 PVH: 1.681 mean: 1.383 low: 0.27 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 23.137 | |
| Forward PE/G | 2.419 | |
| Forward P/S | 9.891 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | -15.328 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.194 | |
| Asset Turnover Ratio QoQ | 6.347 % | |
| Asset Turnover Ratio YoY | 3.196 % | |
| Asset Turnover Ratio IPRWA | high: 0.338 median: 0.338 mean: 0.331 low: 0.216 PVH: 0.194 |
|
| Receivables Turnover | 2.46 | |
| Receivables Turnover Ratio QoQ | 6.149 % | |
| Receivables Turnover Ratio YoY | 0.808 % | |
| Receivables Turnover Ratio IPRWA | high: 4.489 PVH: 2.46 mean: 2.25 median: 1.782 low: 1.283 |
|
| Inventory Turnover | 0.541 | |
| Inventory Turnover Ratio QoQ | 2.204 % | |
| Inventory Turnover Ratio YoY | -4.316 % | |
| Inventory Turnover Ratio IPRWA | high: 0.68 median: 0.621 mean: 0.62 PVH: 0.541 low: 0.361 |
|
| Days Sales Outstanding (DSO) | 37.095 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 98.601 | |
| Cash Conversion Cycle Days QoQ | 17.763 % | |
| Cash Conversion Cycle Days YoY | 9.76 % | |
| Cash Conversion Cycle Days IPRWA | high: 302.197 mean: 131.869 median: 129.688 low: 119.782 PVH: 98.601 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 2.438 | |
| CapEx To Revenue | -0.014 | |
| CapEx To Depreciation | -0.454 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 7.1 B | |
| Net Invested Capital | $ 7.1 B | |
| Invested Capital | $ 7.1 B | |
| Net Tangible Assets | $ -189.50 M | |
| Net Working Capital | $ 889.0 M | |
| LIQUIDITY | ||
| Cash Ratio | 0.103 | |
| Current Ratio | 1.369 | |
| Current Ratio QoQ | 23.206 % | |
| Current Ratio YoY | 10.652 % | |
| Current Ratio IPRWA | high: 3.928 median: 2.266 mean: 2.247 PVH: 1.369 low: 1.083 |
|
| Quick Ratio | 0.626 | |
| Quick Ratio QoQ | 18.855 % | |
| Quick Ratio YoY | -5.701 % | |
| Quick Ratio IPRWA | high: 2.318 median: 1.16 mean: 1.154 PVH: 0.626 low: 0.4 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 20.836 | |
| Cost Of Debt | 0.509 % | |
| Interest Coverage Ratio | 5.31 | |
| Interest Coverage Ratio QoQ | -136.353 % | |
| Interest Coverage Ratio YoY | -31.83 % | |
| Interest Coverage Ratio IPRWA | high: 47.355 median: 35.358 mean: 21.188 PVH: 5.31 low: -13.388 |
|
| Operating Cash Flow Ratio | 0.147 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 126.511 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 112.1 | |
| Dividend Payout Ratio | 0.009 | |
| Dividend Rate | $ 0.04 | |
| Dividend Yield | 0.001 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 8.95 % | |
| Revenue Growth | 9.256 % | |
| Revenue Growth QoQ | -156.577 % | |
| Revenue Growth YoY | 47.6 % | |
| Revenue Growth IPRWA | high: 37.183 % PVH: 9.256 % mean: 7.058 % median: 6.52 % low: 5.082 % |
|
| Earnings Growth | 9.565 % | |
| Earnings Growth QoQ | -132.244 % | |
| Earnings Growth YoY | -58.153 % | |
| Earnings Growth IPRWA | high: 116.667 % median: 19.231 % mean: 17.554 % PVH: 9.565 % low: -202.703 % |
|
| MARGINS | ||
| Gross Margin | 57.715 % | |
| Gross Margin QoQ | -1.451 % | |
| Gross Margin YoY | -3.911 % | |
| Gross Margin IPRWA | high: 58.498 % median: 58.498 % PVH: 57.715 % mean: 57.163 % low: 40.842 % |
|
| EBIT Margin | 6.322 % | |
| EBIT Margin QoQ | -138.327 % | |
| EBIT Margin YoY | -26.162 % | |
| EBIT Margin IPRWA | high: 20.743 % median: 20.743 % mean: 19.089 % PVH: 6.322 % low: -6.481 % |
|
| Return On Sales (ROS) | 5.625 % | |
| Return On Sales QoQ | -134.101 % | |
| Return On Sales YoY | -34.303 % | |
| Return On Sales IPRWA | high: 20.743 % median: 20.743 % mean: 19.084 % PVH: 5.625 % low: -6.481 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 181.9 M | |
| Free Cash Flow Yield | 4.993 % | |
| Free Cash Flow Yield QoQ | -290.5 % | |
| Free Cash Flow Yield YoY | 13.995 % | |
| Free Cash Flow Yield IPRWA | high: 10.581 % PVH: 4.993 % mean: 0.981 % median: 0.553 % low: -10.264 % |
|
| Free Cash Growth | -285.423 % | |
| Free Cash Growth QoQ | 133.697 % | |
| Free Cash Growth YoY | -16.656 % | |
| Free Cash Growth IPRWA | high: -24.469 % mean: -150.556 % median: -155.593 % low: -228.258 % PVH: -285.423 % |
|
| Free Cash To Net Income | 0.811 | |
| Cash Flow Margin | 16.348 % | |
| Cash Flow To Earnings | 1.58 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.02 | |
| Return On Assets (ROA) | 2.011 % | |
| Return On Assets QoQ | -586.925 % | |
| Return On Assets YoY | 40.139 % | |
| Return On Assets IPRWA | high: 5.279 % median: 4.961 % mean: 4.541 % PVH: 2.011 % low: -1.749 % |
|
| Return On Capital Employed (ROCE) | 1.486 % | |
| Return On Equity (ROE) | 0.046 | |
| Return On Equity QoQ | -574.948 % | |
| Return On Equity YoY | 51.397 % | |
| Return On Equity IPRWA | high: 0.085 median: 0.085 mean: 0.078 PVH: 0.046 low: -0.033 |
|
| DuPont ROE | 4.728 % | |
| Return On Invested Capital (ROIC) | 1.517 % | |
| Return On Invested Capital QoQ | -140.878 % | |
| Return On Invested Capital YoY | -100.982 % | |
| Return On Invested Capital IPRWA | high: 15.734 % median: 8.298 % mean: 7.633 % PVH: 1.517 % low: -3.04 % |
|