PVH Gross profit (Q3, 2018)1.3 B

PVH Gross profit margin (Q3, 2018), %55%

PVH Net income (Q3, 2018)238.7 M

PVH Cash, 29-Oct-2017612.3 M

PVH EV2.8 B

usd | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|---|---|

## Revenue | 8.2b | 8.2b | 8.0b | 8.2b | 8.2b |

| 1% | (3%) | 2% | ||

## Cost of goods sold | 4.0b | 3.9b | 3.9b | 3.8b | 3.8b |

## Gross profit | 4.2b | 4.3b | 4.2b | 4.4b | 4.4b |

| 52% | 53% | 52% | 53% | 53% |

## General and administrative expense | 3.7b | 3.7b | 3.4b | 3.6b | 3.6b |

## Operating expense total | 3.7b | 3.7b | 3.4b | 3.6b | 3.6b |

## EBIT | (8.1m) | ||||

| 0% | ||||

## Interest expense | 192.2m | 143.5m | 117.0m | 120.9m | 120.9m |

## Interest income | 7.5m | 5.0m | 4.0m | 5.9m | 5.9m |

## Pre tax profit | 328.8m | 391.4m | 647.5m | 674.2m | 674.2m |

## Income tax expense | 185.3m | (47.5m) | 75.1m | 125.5m | 125.5m |

## Net Income | 143.5m | 438.9m | 572.4m | 548.7m | 548.7m |

USD | Q3, 2013 | Q3, 2014 | Q2, 2014 | Q1, 2015 | Q3, 2015 | Q2, 2015 | Q1, 2015 | Q1, 2016 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Revenue | 2.3b | 2.2b | 2.0b | 2.0b | 2.2b | 1.9b | 1.9b | 1.9b | 1.9b | 2.2b | 2.0b | 2.1b | 2.4b |

## Cost of goods sold | 1.1b | 1.1b | 920.9m | 930.5m | 1.1b | 861.9m | 893.7m | 910.9m | 899.5m | 1.1b | 908.2m | 922.6m | 1.1b |

## Gross profit | 1.2b | 1.2b | 1.1b | 1.0b | 1.1b | 1.0b | 985.6m | 1.0b | 1.0b | 1.2b | 1.1b | 1.1b | 1.3b |

| 52% | 52% | 53% | 53% | 51% | 54% | 52% | 53% | 53% | 53% | 54% | 55% | 55% |

## General and administrative expense | 927.4m | 892.9m | 895.8m | 859.1m | 853.8m | 850.5m | 814.9m | 865.2m | 874.7m | 918.0m | 968.0m | 968.5m | |

## Operating expense total | 927.4m | 892.9m | 895.8m | 859.1m | 853.8m | 850.5m | 814.9m | 865.2m | 874.7m | 918.0m | 968.0m | 968.5m | |

## Interest expense | 47.9m | 33.6m | 35.0m | 42.1m | 28.4m | 29.2m | 30.9m | 29.9m | 29.2m | 31.2m | 30.4m | 30.9m | 32.3m |

## Interest income | 1.9m | 1.5m | 1.2m | 1.5m | 1.0m | 1.2m | 1.1m | 900.0k | 1.1m | 2.0m | 1.7m | 1.2m | |

## Pre tax profit | 203.4m | 247.8m | 125.5m | 226.2m | 126.1m | 147.0m | 265.6m | 114.9m | 168.7m | 84.5m | 150.8m | ||

## Income tax expense | 6.7m | 22.1m | (1.0m) | 8.7m | 4.3m | 23.9m | 32.9m | 34.0m | 24.4m | 42.6m | 14.4m | 31.4m | 11.1m |

## Net Income | 196.6m | 225.7m | 126.5m | 35.2m | 221.9m | 102.2m | 114.1m | 231.6m | 90.5m | 126.1m | 70.1m | 119.4m | 238.7m |

usd | Y, 2010 | Y, 2011 | Y, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|---|---|---|---|---|

## Cash | 480.9m | 498.7m | 233.2m | 593.2m | 479.3m | 556.4m | 730.1m | 730.1m |

## Accounts Receivable | 30.9m | 37.5m | 28.7m | 25.4m | 25.4m | |||

## Inventories | 1.9m | 18.7m | 16.7m | 1.3b | ||||

## Current Assets | 3.0b | 2.9b | 2.8b | 2.9b | 2.9b | |||

## PP&E | 712.1m | 725.7m | 744.6m | 759.9m | 759.9m | |||

## Goodwill | 3.5b | 3.3b | 3.2b | 3.5b | 3.5b | |||

## Total Assets | 11.6b | 10.9b | 10.7b | 11.1b | 11.1b | |||

## Accounts Payable | 582.9m | 565.3m | 636.1m | 682.6m | 682.6m | |||

## Short-term debt | 91.8m | 99.3m | 136.6m | |||||

## Current Liabilities | 1.6b | 1.4b | 1.5b | 1.6b | 1.6b | |||

## Long-term debt | 3.9b | 3.4b | 3.1b | 3.2b | 3.2b | |||

## Total Debt | 4.0b | 3.5b | 3.2b | 3.2b | 3.2b | |||

## Retained Earnings | 1.6b | 2.0b | 2.6b | 3.1b | 3.1b | |||

## Total Equity | 4.3b | 4.4b | 4.6b | 4.8b | 4.8b | |||

## Debt to Equity Ratio | 0.9 x | 0.8 x | 0.7 x | 0.7 x | 0.7 x | |||

## Debt to Assets Ratio | 0.3 x | 0.3 x | 0.3 x | 0.3 x | 0.3 x | |||

## Financial Leverage | 2.7 x | 2.5 x | 2.3 x | 2.3 x | 2.3 x |

USD | Q3, 2013 | Q3, 2014 | Q2, 2014 | Q1, 2015 | Q3, 2015 | Q2, 2015 | Q1, 2015 | Q1, 2016 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Cash | 542.5m | 365.1m | 461.1m | 513.0m | 369.9m | 466.7m | 419.3m | 365.1m | 741.7m | 662.4m | 490.9m | 559.4m | 612.3m |

## Accounts Receivable | 39.7m | 31.0m | 37.2m | 37.8m | 41.9m | 27.6m | 31.8m | 22.8m | 24.7m | 23.0m | 24.4m | 26.4m | 29.2m |

## Inventories | 1.2b | 1.2b | 1.4b | 1.2b | 1.3b | 1.4b | 1.2b | 1.3b | 1.4b | 1.3b | 1.3b | 1.5b | |

## Current Assets | 3.1b | 2.9b | 3.0b | 2.9b | 2.9b | 2.8b | 2.7b | 2.5b | 2.9b | 2.9b | 2.7b | 2.9b | 3.1b |

## PP&E | 693.1m | 707.6m | 703.6m | 708.5m | 731.8m | 708.9m | 720.9m | 749.9m | 736.0m | 730.2m | 751.6m | 805.8m | 821.2m |

## Goodwill | 3.5b | 3.4b | 3.5b | 3.6b | 3.2b | 3.2b | 3.3b | 3.6b | 3.5b | 3.5b | 3.5b | 3.7b | 3.7b |

## Total Assets | 11.7b | 11.3b | 11.6b | 11.6b | 10.8b | 10.7b | 10.8b | 10.9b | 11.2b | 11.1b | 10.9b | 11.5b | 11.7b |

## Accounts Payable | 435.9m | 476.2m | 576.7m | 428.7m | 495.3m | 551.0m | 411.7m | 497.7m | 631.8m | 496.5m | 546.7m | 767.1m | 681.3m |

## Short-term debt | 97.4m | 99.3m | 99.3m | 99.3m | 124.1m | 111.7m | 99.3m | 126.7m | |||||

## Current Liabilities | 1.3b | 1.4b | 1.6b | 1.5b | 1.4b | 1.4b | 1.2b | 1.4b | 1.4b | 1.4b | 1.4b | 1.6b | 1.7b |

## Long-term debt | 4.2b | 3.6b | 3.6b | 3.9b | 3.2b | 3.3b | 3.4b | 3.0b | 3.4b | 3.3b | 3.2b | 3.2b | 3.2b |

## Total Debt | 4.3b | 3.7b | 3.7b | 4.0b | 3.3b | 3.4b | 3.5b | 3.1b | 3.4b | 3.3b | 3.2b | 3.2b | 3.2b |

## Retained Earnings | 1.6b | 1.9b | 1.7b | 1.6b | 2.4b | 2.2b | 2.1b | 2.8b | 2.9b | 3.0b | 3.2b | 3.3b | 3.5b |

## Total Equity | 4.3b | 4.6b | 4.5b | 4.5b | 4.5b | 4.4b | 4.4b | 4.9b | 4.8b | 4.8b | 4.9b | 5.1b | 5.2b |

## Financial Leverage | 2.7 x | 2.5 x | 2.6 x | 2.6 x | 2.4 x | 2.4 x | 2.4 x | 2.2 x | 2.3 x | 2.3 x | 2.2 x | 2.2 x | 2.2 x |

usd | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|---|---|

## Net Income | 143.5m | 438.9m | 572.4m | 548.7m | 548.7m |

## Depreciation and Amortization | 313.6m | 244.7m | 257.4m | 321.8m | 321.8m |

## Accounts Receivable | (31.6m) | (17.4m) | 33.2m | 22.3m | 22.3m |

## Inventories | (1.3m) | (71.0k) | 687.0k | ||

## Accounts Payable | 7.5m | 178.0k | 3.2m | ||

## Cash From Operating Activities | 411.9m | 789.1m | 899.6m | 954.8m | 954.8m |

## Cash From Investing Activities | (2.1b) | (357.7m) | (321.5m) | (480.9m) | (480.9m) |

## Cash From Financing Activities | 1.4b | (514.5m) | (478.4m) | (303.2m) | (303.2m) |

USD | Q3, 2013 | Q3, 2014 | Q2, 2014 | Q1, 2015 | Q3, 2015 | Q2, 2015 | Q1, 2015 | Q1, 2016 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 |
---|---|---|---|---|---|---|---|---|---|---|---|---|

## Net Income | 160.7m | 387.4m | 161.7m | 35.2m | 438.2m | 216.3m | 114.1m | 231.6m | 322.1m | 448.2m | 70.1m | 189.5m |

## Depreciation and Amortization | 267.0m | 181.4m | 121.1m | 60.7m | 187.0m | 124.0m | 61.0m | 70.6m | 153.2m | 237.6m | 77.2m | 157.8m |

## Accounts Receivable | (176.0m) | (168.8m) | (1.5m) | (80.4m) | (132.3m) | 106.0m | (28.8m) | 12.7m | 97.7m | (123.2m) | (67.7m) | (8.0m) |

## Cash From Operating Activities | 53.9m | 323.9m | 170.2m | (51.4m) | 388.1m | 323.0m | 60.4m | 109.2m | 408.7m | 576.4m | (44.9m) | 202.9m |

## Cash From Investing Activities | (2.0b) | (240.2m) | (150.6m) | (86.2m) | (210.4m) | (127.2m) | (62.6m) | (218.2m) | (270.5m) | (365.7m) | (103.9m) | (205.4m) |

## Cash From Financing Activities | 1.6b | (304.8m) | (153.3m) | 52.8m | (276.1m) | (197.4m) | (59.5m) | (97.1m) | 35.1m | (110.4m) | (94.3m) | (183.8m) |

USD | Y, 2017 |
---|---|

## EV/CFO | 14 x |

## Financial Leverage | 2.2 x |