Company Performance - V.F. (VFC) stock closed at $16.58, reflecting a +1.47% increase, outperforming the S&P 500's decline of 0.5% [1] - The stock has risen by 27.26% over the past month, surpassing the Consumer Discretionary sector's loss of 0.46% and the S&P 500's gain of 0.1% [1] - Analysts expect V.F. to report earnings of -$0.35 per share on August 6, 2024, indicating a year-over-year decline of 133.33% [1] - Revenue is projected at $1.85 billion, down 11.3% from the previous year [1] Fiscal Year Estimates - Zacks Consensus Estimates predict earnings of $0.85 per share and revenue of $10.18 billion for the fiscal year, reflecting changes of +14.86% and -2.61% respectively [2] - Recent changes to analyst estimates indicate shifting business dynamics, with positive revisions suggesting confidence in the company's performance [2] Valuation Metrics - V.F. has a Forward P/E ratio of 19.17, which is a premium compared to the industry average of 14.23 [3] - The company has a PEG ratio of 1.26, compared to the industry average PEG ratio of 1.52 [3] Industry Context - The Textile - Apparel industry is part of the Consumer Discretionary sector, holding a Zacks Industry Rank of 178, placing it in the bottom 30% of over 250 industries [4] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, indicating the relative weakness of the industry [4]

This hyper-limited capsule collection, that includes Vans Classic Slip-On Checkerboard Shoes featuring custom Fat Tire design along with a coordinating hat, socks, and cooler, is now available for preorder at DrinkFatTire.com. Styled for summer, craft drinkers can reach for an easy-drinking Fat Tire sporting Vans-inspired packaging and cans."Like Fat Tire, Vans speaks to those who appreciate authentic, quality products and identify with our respective roots as originators," said Fat Tire Brand Manager Taylo ...

Core Insights - V.F. Corporation (VFC) has announced the sale of the streetwear brand Supreme to EssilorLuxottica for $1.5 billion, resulting in a 13.6% surge in VFC's shares on July 17 [1] - The sale reflects V.F. Corp's strategic focus and the increasing value of streetwear brands in the market [1] Company Strategy - The decision to sell Supreme indicates that the acquisition, which was expected to enhance V.F. Corp's portfolio, did not meet growth expectations, leading to a write-down of about two-thirds of Supreme's value by 2023 [2][3] - Management's efforts to revive Supreme diverted attention from other major brands like The North Face and Vans, which were already facing challenges [3] - The sale aligns with V.F. Corp's strategy to refine its portfolio for better alignment and operational efficiency [3] Market Reaction - Investors reacted positively to the sale, as evidenced by the significant rise in V.F. Corp shares following the announcement [5] - Over the past three months, V.F. Corp's shares have increased by 25.8%, contrasting with a 4.6% decline in the industry [5] EssilorLuxottica's Perspective - EssilorLuxottica views the acquisition of Supreme as a strategic expansion beyond traditional eyewear offerings, aiming to innovate and connect with new demographics [4]

Key TakeawaysVF Corporation sold its Supreme streetwear brand to French eyeglass retailer EssilorLuxottica for $1.5 billion.VF CEO Bracken Darrell said the company's strategic portfolio review determined that selling Supreme was logical.The parent of Vans and North Face brands has been attempting a turnaround as it faced falling demand and too much inventory. VF Corporation (VFC) shares soared Wednesday after the struggling clothing retailer announced that Paris-based retailer EssilorLuxottica purchased it ...

Core Insights - VF Corporation's shares increased by 8.9% in premarket trading due to EssilorLuxottica's agreement to acquire the Supreme brand for $1.5 billion in cash by the end of 2024 [1] - The stock is expected to open near $15.20, potentially reaching its highest level since early March, and is attempting to overcome a 24.4% year-to-date deficit [1] - The put/call open interest ratio for VF Corporation is 1.51, indicating a high level of bearish sentiment, with the 10-day put/call volume ratio in the 78th percentile of the past year [1] Trading Metrics - Short interest has decreased slightly, with 49.7 million shares sold short, representing 12.8% of the total available float [2] - It would take over six days to cover the short positions at the average trading pace of VF Corporation [2]

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 ...