Here's What the Street Thinks About PVH Corp. (PVH)

PVH Corp. (NYSE:PVH) is one of the best luxury stocks to buy now. PVH Corp. (NYSE:PVH) announced on February 4 that its Executive Committee of the Board of Directors declared a quarterly cash dividend of $0.0375 per share, payable on March 25, 2026, to stockholders of record on March 4, 2026.

In a separate development, PVH Corp. (NYSE:PVH) reported a collaboration with OpenAI on January 27, announcing a combination of OpenAI’s capabilities with the power of Calvin Klein, TOMMY HILFIGER, and PVH. Management stated that the announcement builds on the PVH+ Plan, which is the company’s multi-year brand-building growth strategy, by amalgamating OpenAI’s technology to PVH Corp.’s (NYSE:PVH) global operations as a means to fuel innovation and unlock new opportunities across the entire value chain.

PVH Corp. (NYSE:PVH) reported that it would co-create custom AI capabilities with OpenAI, embedded in the former’s data- and demand-driven operating model and supporting areas like demand planning, product and design, consumer engagement, and inventory optimization. The collaboration is thus expected to support and complement the talent and creativity of PVH Corp.’s (NYSE:PVH) teams, allowing more intelligent tools, an increase in personalized consumer experiences, and enhanced execution.

PVH Corp (NYSE:PVH) is a luxury fashion company that operates Tommy Hilfiger and Calvin Klein brands. The company undertook a disciplined execution of its brand-building growth plan, which it calls the PVH+ plan, in fiscal Q3 2024.

While we acknowledge the potential of PVH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.