V.F. Corporation (NYSE: VFC ), recognized for its diverse portfolio of lifestyle brands such as Vans, The North Face, and Timberland, is currently at a pivotal juncture in its corporate journey and is my top retail turn around idea.Analyst’s Disclosure: I/we have a beneficial long position in the shares of VFC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I ...

Core Insights - EssilorLuxottica has completed the acquisition of the Supreme® brand from VF Corporation for a total purchase price of $1.5 billion in cash, subject to customary adjustments [1] Group 1: Acquisition Details - The acquisition has been cleared by all relevant competition authorities, indicating regulatory approval for the transaction [1] - The deal represents a significant investment in the lifestyle segment for EssilorLuxottica, enhancing its brand portfolio [1] Group 2: Company Background - EssilorLuxottica is recognized as a global leader in the optical industry, while VF Corporation is a leader in branded lifestyle apparel, footwear, and accessories [1]

In the latest trading session, V.F. (VFC) closed at $18.65, marking no change from the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.19%. Meanwhile, the Dow experienced a rise of 0.09%, and the technology-dominated Nasdaq saw a decrease of 0.36%.Heading into today, shares of the maker of brands such as Vans, North Face and Timberland had gained 12.35% over the past month, outpacing the Consumer Discretionary sector's gain of 2.68% and the S&P 500's gain of 2.06% in tha ...

Core Viewpoint - V.F. Corporation (VFC) has achieved a 31.7% stock appreciation over the past three months, significantly outperforming the industry and S&P 500, driven by its Reinvent transformation program, cost-reduction initiatives, and a strengthened balance sheet [1] Group 1: Financial Performance - V.F. Corp's stock closed at $18.65, nearing its 52-week high of $20.69, reflecting a 70% premium from its 52-week low [1] - The company generated $50 million in cost savings in the first quarter of fiscal 2025 through its Reinvent program, with expectations of $300 million in fixed cost savings by the first half of fiscal 2025 [4] - V.F. Corp anticipates mid-to-high single-digit CAGR in revenues and high single to low double-digit CAGR in earnings from fiscal 2023 to 2027, aiming for a 15% operating margin by fiscal 2027 [6] Group 2: Strategic Initiatives - The Reinvent transformation program focuses on brand-building, improving operational performance, and targets four key objectives: enhancing North American performance, revitalizing the Vans brand, reducing costs, and strengthening the balance sheet [4] - The divestiture of the Supreme brand is aimed at refocusing on core business operations and improving financial flexibility by reducing leverage [5] Group 3: Brand Performance and Challenges - V.F. Corp is experiencing challenges with its key brands, The North Face and Vans, with a 9% year-over-year sales decline in the first quarter of fiscal 2025 [7] - The North Face faces competition and shifting consumer preferences, while Vans is struggling with a saturated sneaker market and declining appeal among younger customers [8] - Despite these challenges, there are expectations for gradual improvements in the fundamentals of the Vans brand over the next four to six quarters [6]

Barclays analyst Adrienne Yih upgraded V.F. Corporation VFC from Equal-Weight to Overweight, raising the price forecast from $19 to $22.The analyst forecasts that the company will start to experience gradual improvements in its fundamentals over the next four to six quarters, beginning modestly in the fall of 2024.By the time the analyst anticipates a return to margin expansion and/or sustainable positive sales for the company, the stock has usually risen significantly from its absolute low.The analyst note ...

Barclays upgraded the shares of apparel company VF Corporation (NYSE:VFC) to "overweight" from "equal weight," and hiked its price target to $22 from $19. The analyst in coverage cited a healthy risk-reward profile, noting the owner of brands Vans and The North Face will begin to see the positive impact of recent changes this fall as well as in 2025.There's potential for more upgrades, with 16 of 20 analysts in question still rating VFC a  "hold" or worse coming into today. Plus, short interest shed 5.8% ov ...

The most recent trading session ended with V.F. (VFC) standing at $17.62, reflecting a +0.23% shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily gain of 0.45%. Meanwhile, the Dow lost 0.23%, and the Nasdaq, a tech-heavy index, added 0.84%.Heading into today, shares of the maker of brands such as Vans, North Face and Timberland had gained 5.97% over the past month, outpacing the Consumer Discretionary sector's gain of 3.49% and the S&P 500's gain of 2.54% i ...

Core Viewpoint - VF Corp is undergoing a significant turnaround under the leadership of CEO Bracken Darrell, who aims to stabilize the company and improve its financial performance [1][12]. Group 1: Company Overview - VF Corp, listed on NYSE as VFC, owns a portfolio of well-known brands including The North Face, Vans, Timberland, and Dickies [3]. - The stock price has increased from $11.00 in May 2024 to $19.00, although the company is still reporting losses [3]. - VF Corp has reduced its inventories by 24% in fiscal Q1 2025, indicating signs of stabilization [3][11]. Group 2: Turnaround Team - VF Corp has assembled a team of industry professionals to support its turnaround strategy, including: - Paul Vogel as CFO, previously at Spotify [4]. - Nina Flood as head of Timberland [4]. - Caroline Brown as president of The North Face [4]. - Chris Stutzman as Chief Design Officer from Logitech [4]. - Abhishek Dalmia as Chief Strategy & Transformation Officer, formerly at BCG [4]. - Sun Choe as Global Brands President of Vans [4]. Group 3: Brand Portfolio and Divestitures - VF Corp operates 11 iconic lifestyle brands and is in the process of divesting its 12th brand, Supreme, for $1.5 billion to EssilorLuxottica, expected to close in Q4 2024 [5]. - The company is conducting a strategic review of all its brands and may consider further divestitures [5]. Group 4: Reinvent Turnaround Strategy - The Reinvent strategy focuses on four key priorities: 1. Improve North American results by reorganizing the operating model and investing in brand-building marketing [6][7]. 2. Accelerate the turnaround of the VANS brand by focusing on innovative products and marketing [8]. 3. Reduce costs by eliminating $300 million in fixed costs through various measures [9]. 4. Strengthen the balance sheet by reducing debt and improving cash flow, including asset sales [10]. Group 5: Financial Performance - In fiscal Q1 2025, VF Corp reported an EPS loss of 33 cents, beating estimates, with revenues down 8.9% YoY to $1.9 billion [11]. - The North Face revenue fell 3% YoY, while VANS revenue decreased by 21% YoY, showing slight improvement from previous quarters [11]. - Ending inventories dropped by 24% YoY to $676 million, and net debt decreased by nearly $587 million [11]. - VF Corp aims to raise an additional $600 million from selling non-core physical assets, excluding Supreme [12].

Core Viewpoint - V.F. Corp. (NYSE:VFC) shows bullish potential based on technical analysis, with positive indicators in price action, momentum, volume, and relative strength [2][4]. Price Action - VFC has recently traded above its 30-week exponential moving average (EMA), which is trending higher, indicating a bullish trend. This is a significant change from the previous three years when VFC traded below a downward trending 30-week EMA [4]. - The stock has maintained trading above the 30-week EMA for four consecutive weeks, a performance not seen in the last three years [4]. Momentum - The Percentage Price Oscillator (PPO) indicates short-term bullish momentum, with the black PPO line above the red signal line and a reading of 1.044, suggesting long-term bullish momentum as well [4]. - Long-term momentum has shifted to bullish after a prolonged decline below the 30-week EMA [4]. Volume Analysis - Recent volume spikes indicate that institutional investors, referred to as "smart money," have been accumulating shares of VFC, suggesting that they perceive the stock as undervalued [4]. - The volume analysis shows more significant buying activity (black spikes) compared to selling activity (red spikes) over the past four weeks [4]. Relative Strength - VFC has underperformed the S&P 500 index for most of the past three years, but recent performance indicates an improvement, with VFC showing better relative strength since May [4].

Have you looked into how V.F. (VFC) performed internationally during the quarter ending June 2024? Considering the widespread global presence of this maker of brands such as Vans, North Face and Timberland, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth.In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journe ...