About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

EssilorLuxottica to Acquire Supreme® from VF Corporation Paris, France and Denver, CO (17 July 2024 – 8am CEST) - EssilorLuxottica, a global leader in the optical industry, and VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, today announced that they have entered into a definitive agreement for EssilorLuxottica to acquire the Supreme® brand from VF for $1.5 billion in cash. Francesco Milleri, Chairman and Chief Executive Officer and Paul du Saillant, Dep ...

Inspired by the freedom, passion, and progression fostered in skateboarding, "Always Pushing" is a tapestry of content celebrating global skate crews and cultural catalysts developed in partnership with creative director ALEX/2TONE featuring music by Paris Texas WATCH "ALWAYS PUSHING":https://www.youtube.com/watch?v=RhKnkB0KQIoDownload Images: https://we.tl/t-GOMZ8GJ9D3COSTA MESA, Calif., July 16, 2024 /PRNewswire/ -- Ask any skater: the good stuff happens when you push the limits in pursuit of progression. ...

AnthonyRosenbergIntroduction Most companies we discuss in my articles are "low-drama" dividend growth stocks, the kind of investments that, theoretically speaking, give us the best shot at beating the market with a favorable risk/reward profile. As we can see below, between 1973 and 2023, Nuveen found that consistent dividend growers beat the market with subdued volatility. In other words, higher returns with lower risks. That sounds almost too good to be true. NuveenThat said, this article isn't about ...

Designed by OTW by Vans in partnership with PLAYLAB, INC. and California Skateparks, the installation's large-scale skate bowl played host to a live skate exhibition paying tribute to the unconventional art derived from skate culture. Vans Skate Team from around the world including Efron Danzig, Curren Caples, Mami Tezuka, Tania Cruz, Elijah Berle, Diego Todd, Martino Cattaneo, Stafhon Boca, Anthony Van Engelen, Rowan Zorilla, Hugo Westrelin, and Willow Voges Fernandes jammed the installation throughout the ...

It has been about a month since the last earnings report for V.F. (VFC) . Shares have added about 16.2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is V.F. due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. V.F. Corporation Posts Q4 Loss, Revenue Miss EstimatesV.F. Co ...

V.F. (VFC) closed at $13.67 in the latest trading session, marking a -1.01% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.25%. Elsewhere, the Dow saw an upswing of 0.15%, while the tech-heavy Nasdaq appreciated by 0.03%.Shares of the maker of brands such as Vans, North Face and Timberland have appreciated by 12.09% over the course of the past month, outperforming the Consumer Discretionary sector's gain of 0.82% and the S&P 500's gain of 3.34%.The investment comm ...

V.F. (VFC) closed the latest trading day at $13.80, indicating a +1.92% change from the previous session's end. The stock exceeded the S&P 500, which registered a gain of 0.85% for the day. Elsewhere, the Dow saw a downswing of 0.09%, while the tech-heavy Nasdaq appreciated by 1.53%.Shares of the maker of brands such as Vans, North Face and Timberland have appreciated by 5.29% over the course of the past month, outperforming the Consumer Discretionary sector's gain of 0.59% and the S&P 500's gain of 3.11%.T ...

Core Viewpoint - The performance of V.F. Corporation's international operations is critical for understanding its financial strength and growth potential, especially in the context of a global economy [1][5]. Group 1: International Revenue Performance - For the quarter ending March 2024, V.F. Corporation reported total revenue of $2.37 billion, a decline of 13.4% year over year [2]. - The Asia-Pacific (APAC) region generated $377.7 million in revenue, accounting for 15.9% of total revenue, which was a surprise of +0.69% compared to Wall Street's estimate of $375.1 million [3]. - The Europe, Middle East, and Africa (EMEA) region contributed $869.9 million, making up 36.7% of total revenue, exceeding the consensus estimate of $821.62 million by +5.88% [3]. Group 2: Future Revenue Projections - Analysts project V.F. Corporation to report total revenue of $1.88 billion in the current fiscal quarter, indicating a decline of 10% from the prior-year quarter [4]. - For the full fiscal year, total revenue is expected to reach $10.24 billion, reflecting a decrease of 2.1% from the previous year, with APAC and EMEA projected to contribute $1.62 billion (15.8%) and $3.35 billion (32.7%), respectively [4]. Group 3: Market Trends and Stock Performance - V.F. Corporation's stock has decreased by 2.4% over the past four weeks, while the Zacks S&P 500 composite increased by 4.8% [8]. - Over the last three months, the company's shares have declined by 24%, contrasting with a 4.6% increase in the S&P 500 [8].

Financial Performance - VF Corp reported a fiscal 2024 fourth-quarter adjusted loss of 32 cents per share, missing analysts' expectations of a small gain [1] - Revenue declined 13% year-over-year to $2.37 billion, falling short of forecasts [1] - Gross margin decreased by 120 basis points to 48.4%, impacted by inventory resets and ongoing promotions [2] Brand Performance - North Face sales dropped 5% year-over-year to $814.3 million, primarily due to weakness in U.S. wholesale [2] - Vans sales plunged 26% to $631.2 million, consistent with the previous quarter and influenced by inventory adjustments in the wholesale channel [2] - Timberland and Dickies sales declined 14% and 15% respectively [2] Leadership Changes - VF Corp appointed Paul Vogel, former CFO of Spotify, as its new CFO, effective July [3] - The company has been rebuilding its leadership team as part of its turnaround efforts [3] Market Reaction - VF shares fell to their lowest level in over 15 years, dropping 4.6% to $11.76 in Thursday trading [1][3] - The company's shares have lost more than a third of their value this year [3]