Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Past performance is not an indicator of future performance. This post is illustrative and educational ...

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Past performance is not an indicator of future performance. This post is illustrative and educational ...

Core Insights - The performance of V.F. (VFC) in international markets is crucial for assessing its financial resilience and growth prospects [1][2] Group 1: International Revenue Performance - VFC's total revenue for the quarter was $2.88 billion, reflecting a 1.5% increase year-over-year [4] - Asia-Pacific revenue was $408.4 million, accounting for 14.2% of total revenue, which was a decline of 7.16% from the expected $439.9 million [5] - European revenue reached $928.7 million, making up 32.3% of total revenue, also falling short by 2.72% from the anticipated $954.64 million [6] Group 2: Future Revenue Projections - Analysts project VFC's total revenue for the current fiscal quarter to be $2.13 billion, a decrease of 0.7% from the previous year [7] - Expected contributions from Asia-Pacific and Europe for the current quarter are 16% ($340.15 million) and 41% ($871.87 million), respectively [7] - For the full year, total revenue is anticipated to be $9.24 billion, down 4.1% from last year, with Asia-Pacific and Europe projected to contribute 15.4% ($1.42 billion) and 37.2% ($3.43 billion) of total revenue [8] Group 3: Market Context and Analyst Sentiment - The interconnected global economy presents both opportunities and challenges for VFC, making the analysis of international revenue trends essential for forecasting [9][10] - Recent stock performance shows VFC's shares increased by 7.9% over the past month, outperforming the S&P 500's 0.7% increase [13] - Over the last three months, VFC's stock rose by 33.8%, while the S&P 500 increased by only 2.1% [13]

Investment management company Curreen Capital released its fourth-quarter 2025 Investor letter. A copy of the letter can be downloaded here. Curreen Capital Partners reported robust results in 2025, retuning 10.5% in Q4 and 30.97% for the full year. The firm focuses on investing in "ugly ducklings", i.e., companies that are good, well-managed, and trading at an attractive price. The firm was consistent with its investment plan, and the "ugly duckling" holdings performed well and exhibited solid results. Pl ...

Investment Rating - The industry rating is "Recommended" [5] Core Insights - Anta announced on January 26, 2026, the acquisition of 29.06% of Puma SE for a total of €1.506 billion (approximately ¥12.278 billion), becoming its largest shareholder. This transaction is a key step in Anta's globalization strategy, aiming to integrate its operational capabilities with Puma's global platform, which has an annual revenue exceeding €8.8 billion (2024) [2][14] - Adidas achieved a record high revenue of €24.811 billion in 2025, with operating profit of €2.056 billion exceeding market expectations. The operating profit margin increased by 2.6 percentage points to 8.3%, and the gross profit margin rose to 51.6% [2][14] - VF Corporation reported a revenue of $2.82 billion in Q3 of FY2026, a 4% year-on-year increase (2% growth at constant currency), with a 6% growth in the Americas region after excluding the impact of the sold Dickies brand [3][14] Summary by Sections Investment Recommendations - Manufacturing: Strong expectations for upstream price increases, with wool prices rising since Q3 2025 and domestic cotton prices also starting to rise. Recommended stocks include Baolong Oriental, New Australia, and Fuchun Dyeing & Weaving, with beneficiaries being Taihua New Materials. For growth-oriented midstream, recommended stocks are Jiansheng Group and Kairun Co [3][15] - Brand: Recent signs of recovery in high-end consumption, with potential inflation in 2026 benefiting the consumer sector. Recommended brands with profit elasticity include Jinhong Group, Ge Li Si, Luolai Life, and Stable Medical [3][15] - Procter & Gamble's industrial chain: Recommended stocks include Jieya Co (benefiting from brand-owned capacity transfer), with beneficiaries being Yanjing Co [3][15] Market Review - The SW textile and apparel sector rose by 0.64%, outperforming the Shanghai Composite Index by 1.08%. The top five gainers in the sector included Harsen Co, Zhongwang Fabric, Hongda High-Tech, Mingxin Xuteng, and Aokang International [16] - The main inflow of funds was into Harsen Co, with a net inflow ratio of 10.10%, while the largest outflow was from Sanfu Outdoor, with a net outflow ratio of 4.59% [16][22] Industry Data Tracking - Wool prices increased by 2.49% this week, with a year-to-date increase of 41.94%. The Australian wool market index reached 1689 AUD cents/kg, equivalent to ¥82,085.40/ton [4][35] - The cotton price index in China rose by 3.84% year-to-date, with the 3128B index at ¥16,183/ton [30][32] - In 2025, textile and apparel exports decreased by 2.26% year-on-year, with total exports amounting to $267.79 billion [52]

（文/霍东阳 编辑/张广凯） 如果只看VF Corporation（威富集团）2026财年第三季度的财报，很容易得出一个表面上并不悲观的结 论。 1月28日，威富集团交出了一份"好于预期"的成绩单：在截至去年12月的3个月里，威富集团营收微增 2%至28.76亿美元，在剔除出售Dickies业务后，营收由前一年同期的1.68亿美元增至3.01亿美元。 | | | | Three Months Ended December | | | | Nine Months Ended December | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Dr. Shousands, except per share arround. | | 2025 | | 2024 | | 2025 | | 2024 | | Revenues | 5 | 2,875,801 | રે | 2,833,912 | 5 | 7,439,173 | રે | 7,360,920 | | Costs and operating expenses | | | | | | | ...

Goldman Sachs sets a price target for VF Corp (NYSE:VFC) at $18, indicating a potential downside.The company's recent return to organic growth follows the divestment of its Dickies brand, aiming to streamline operations.Vans brand shows weakness, impacting VF Corp's overall performance amidst market volatility.VF Corp (NYSE:VFC) is a global leader in branded lifestyle apparel, footwear, and accessories. The company owns a diverse portfolio of brands, including The North Face, Timberland, and Vans. Recently, ...

Goldman Sachs maintains a Neutral rating on VF Corp (NYSE:VFC), raising its price target from $16 to $18.VF Corp reports strong third-quarter earnings, with earnings of $0.58 per share and revenue of $2.88 billion, surpassing Wall Street expectations.The company's gross margin improved to 56.6%, and operating income increased to $289 million.VF Corp (NYSE:VFC), the parent company of well-known brands like The North Face, Vans, and Timberland, is a major player in the apparel and footwear industry. On Januar ...

Core Viewpoint - VF Corporation reported stronger-than-expected third-quarter results, but shares fell over 8% intraday despite improving profitability and cash flow trends for fiscal 2026 [1] Financial Performance - The company posted third-quarter earnings of $0.58 per share, exceeding analyst expectations of $0.45 [1] - Revenue totaled $2.88 billion, up 2% in constant currency and above the consensus estimate of $2.75 billion [1] - Adjusted gross margin increased to 57%, up 10 basis points from a year earlier [2] - Operating margin expanded 30 basis points to 12.1% [2] - Operating income rose to $341 million from $318 million in the prior-year quarter [2] Future Projections - For the fourth quarter of fiscal 2026, VF Corporation projected revenue ranging from flat to up 2% year over year [3] - Adjusted operating income is expected to be between $10 million and $30 million for the fourth quarter [3] - For the full fiscal year, the company forecasts higher free cash flow, adjusted operating income, and operating cash flow compared with the prior year [3]

I am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding the drivers behind a company's financials, and ultimately, most often revealed by a DCF model valuation. This methodology doesn't limit an investor into rigid traditional value, dividend, or growth investing, but rather accounts for all of a ...