Ralph Lauren Corp

Luxury mega-brand LVMH is considering merging with Ralph Lauren in a move that could define retail M&As in 2022. Here are the latest details.

The metaverse has reached the fashion industry as more brands are aligning with Web 3.0 initiatives. So far, six fashion brands are creating and building within the metaverse.

Ralph Lauren has already released its fair share of digital goods and collectibles. Now, it wants to pursue younger audiences with the metaverse.

To support its direct marketing initiatives, Coach has a database of 24 million households in North America and 10 million in Asia.

Ralph Lauren’s merchandise is available through ~13,000 wholesale distribution channels, 501 retail stores, 589 shops-within-shops, and ten websites.

PVH Corporation (PVH) has a market cap of $8.9 billion. It fell by 0.67% to close at $108.82 per share on August 24, 2016.

We’ll look at PVH’s operations by geographies. It markets its products in over 100 countries through wholesale partners. It has over 4,700 retail locations.

Maverick Capital lowered its position in Baidu, Inc. in 3Q14. The position accounts for 0.36% of the fund’s total portfolio in the third quarter.

Coach’s (COH) performance in North America remained pressured in the quarter, with sales declining 7% in reported terms to $731 million.

On October 12, VF Corporation’s (VFC) 12-month forward PE (price-to-earnings) ratio was 22.4x.

Though Ralph Lauren (RL) has been having a tough time attracting customers, it has been able to impress investors with its stock market gains.

Ralph Lauren (RL) is working hard to improve its brand image and turn around its business.

Ralph Lauren (RL), which is scheduled to report its third-quarter results on February 1, is expected to post another quarter of top-line declines.

Gap (GPS) reported total revenues of $3.8 billion in 2Q17 and beat the consensus by $30 million. On a YoY basis, the company’s top line fell 1.4%.

PVH’s YTD gains have outperformed Hanesbrands’ (HBI) 11%, VF Corporation’s (VFC) 15.5%, Michael Kors’s (KORS) 4%, and Ralph Lauren’s (RL) -7.2% gains.

PVH Corporation’s (PVH) top line is predicted to grow 4.9% YoY (year-over-year) in 2Q17.

VFC is covered by 21 Wall Street analysts. It has received a 2.7 rating on a scale where one is a “strong buy” and five is a “strong sell.”

PVH Corporation (PVH) reported a strong 1Q17 on May 24, 2017, beating analysts’ consensus estimate on both its top and bottom lines.

PVH Corp stock is covered by 16 analysts—63% of the analysts recommended a “buy,” 31% recommended a “hold,” and 6% recommended a “sell.”

VFC stock is currently trading at $56.44, which is ~17.0% below its 52-week high price.

VFC is covered by 23 Wall Street analysts who have a neutral view on the company. Plus, 26% of these analysts recommended a “buy,” 61% recommended a “hold,” and 13% recommended a “sell” on the stock.

VFC’s gross margin is likely to remain flat at 48.6% and would include 70 basis points of negative impact from currency adjustments.

For fiscal 2016, VFC’s adjusted earnings per share rose 2% to $3.11. On a constant currency basis, the increase was ~7%.

Revenues from VFC’s Outdoor and Action Sports segment rose 2% YoY to $2.1 billion, slightly below the company’s expectations.

VFC’s Direct-to-Customer channel is likely to grow more slowly than the company had expected earlier.

In this part of the series, we’ll look at Wall Street’s recommendation on Hanesbrands (HBI) and discuss Wall Street’s take on the company.

With trailing-12-month sales of over $6 billion, Hanesbrands (HBI) is one the largest marketers of basic apparel in the United States.

Shares of Hanesbrands (HBI) tumbled 16% on Friday, February 3, as the company posted weaker-than-expected fourth quarter results and lackluster guidance.

RL delivered better-than-expected earnings and in-line revenues, but its EPS fell 18% YoY to $1.86.

Ralph Lauren declared a regular quarterly dividend of $0.50 per share on its common stock. The dividend will be paid on January 13, 2017, to shareholders.

PVH Corporation (PVH) has a market cap of $8.7 billion. It rose 1.9% and closed at $107.99 per share on December 1, 2016.

PVH Corporation (PVH) has a market cap of $8.5 billion. It fell 0.08% to close at $105.94 per share on November 30, 2016.

Gildan Activewear (GIL) reported fiscal 3Q16 net sales of $715.0 million, a rise of 6.0% compared to net sales of $674.5 million in fiscal 3Q15.

Ralph Lauren (RL) reported fiscal 2Q17 net revenues of ~$1.8 billion, a fall of 7.6% compared to net sales of ~$2.0 billion in fiscal 2Q16.

Polaris Industries (PII) reported 3Q16 sales of ~$1.2 billion, which represents a fall of 18.5% from its ~$1.5 billion in sales in 3Q15.

Hanesbrands updated its 2016 full-year outlook while reporting its third quarter results.

As in the last several quarters, VF’s (VFC) international business remained firm during the third quarter.

PVH Corporation (PVH) rose 1.3% to close at $108.60 per share during the third week of September 2016.

Coach (COH) fell 4.2% to close at $35.04 per share during the second week of September 2016.

Packaging Corporation of America (PKG) has a market cap of $7.4 billion. It fell by 0.99% to close at $78.63 per share on August 31, 2016.

Despite a decline in earnings, Ralph Lauren continues to hold $1.2 billion in cash and short-term investments on its balance sheet.

Gildan Activewear (GIL) has a market cap of $6.9 billion. It fell by 5.9% to close at $29.19 per share on July 27, 2016.

KATE’s top line grew by 9.1% YoY (year-over-year) in fiscal 2015, as compared to a 7.7% YoY increase for Michael Kors and a 12.7% YoY decline for Coach.

PVH (PVH) rose by 2.1% to close at $98.63 per share at the end of the third week of June 2016.

PVH Corporation (PVH) has a market cap of $7.8 billion. It fell by 0.58% to close at $96.65 per share on June 10, 2016.

Tommy Hilfiger was acquired by PVH (PVH) in 2010. In fiscal 2015, the Tommy Hilfiger brand accounted for 43.5% of the company’s total revenue and 44% of its operating profit.

Phillips-Van Heusen (PVH) posted $1.9 billion in revenue for fiscal 1Q16. That’s a 2.1% YoY increase on a GAAP basis.

PVH Corp. (PVH) registered a 2.1% year-over-year increase in its top line in fiscal 4Q15, which ended January 31, 2016, to $2.1 billion.

Ralph Lauren has a $1.7 billion capex. Its capex-to-sales ratio of 5.1% (as of March 28, 2015) is among the highest in its fashion and apparel peer group.

Ralph Lauren’s top line has grown by a CAGR of around 9% over the past five fiscal years to reach $7.6 billion in fiscal 2015.