PVH Corp (PVH)

Gross profit margin

		Feb 4, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020
Gross profit	US$ in thousands	5,363,200	5,122,900	5,324,100	3,776,800	5,388,400
Revenue	US$ in thousands	9,217,700	9,024,200	9,154,700	7,132,600	9,909,000
Gross profit margin		58.18%	56.77%	58.16%	52.95%	54.38%

February 4, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $5,363,200K ÷ $9,217,700K
= 58.18%

PVH Corp's gross profit margin has shown fluctuations over the past five years. In the most recent fiscal year, ending on February 4, 2024, the gross profit margin stood at 58.18%, marking an increase from the previous year's 56.77%. This indicates that the company was able to generate more profit from its sales after accounting for the cost of goods sold.

Comparing the current gross profit margin to that of the previous years, PVH Corp's performance has generally been strong, with 2022 and 2024 showing higher margins compared to 2021 and 2020. This improvement suggests that the company's pricing strategies, cost controls, and operational efficiencies have been effective in enhancing profitability.

Overall, PVH Corp's ability to maintain and improve its gross profit margin over the years reflects positively on its management of production costs and pricing strategies, indicating a healthy and efficient business operation.