VF(VFC)

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V.F. (VFC) Advances But Underperforms Market: Key Facts
ZACKS· 2024-09-10 23:21
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 ...
VF Corp's Comeback Story: Supreme Sale and Cost Cuts Boost Stock
MarketBeat· 2024-09-10 12:15
Global apparel and footwear company VF Corp. NYSE: VFC has been working on its turnaround spearheaded by its current CEO, Bracken Darrell, who was appointed in July 2023. Darrell was the former CEO of Logitech International S.A. NASDAQ: LOGI and was credited for executing the company's turnaround.V.F. TodayVFCV.F.$17.58 -0.10 (-0.57%) 52-Week Range$11.00▼$20.69Dividend Yield2.05%Price Target$15.56Add to WatchlistVF Corp owns a portfolio of well-known brands, including The North Face, Vans, Timberland, and D ...
V.F. Corp. Looks Bullish (Technical Analysis)
Seeking Alpha· 2024-08-13 01:41
Olena_T In this article I will outline why I think the apparel, accessories, and luxury goods manufacturer V.F. Corp. (NYSE:VFC) looks bullish to me using my technical analysis approach. VFC is known for its brands such as Dickies, Timberland, North Face, and JanSport among others. While I like some of those brands, I like the setup on the price chart below better. Chart 1 - VFC Weekly with 30-week EMA, Momentum, Volume, and Relative Strength www.stockcharts.com When I analyze a stock, I start with price ac ...
V.F. (VFC) Reliance on International Sales: What Investors Need to Know
ZACKS· 2024-08-12 14:21
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 ...
V.F. Corporation: Top Turnaround Stock Of 2024 Remains Undervalued
Seeking Alpha· 2024-08-11 06:21
anilbolukbas/iStock Editorial via Getty ImagesIntroduction I last covered V.F. Corporation (NYSE:VFC) on April 26th, calling it my "top turnaround for 2024" and assigning a "Strong Buy" rating. At the time of publication, shares were trading at $12.64, and since then, have soared 38.58%, significantly outperforming the S&P 500's modest 4.79% return over the same period. VFC reported its Q1 FY2025 earnings earlier this week, which I would describe as "less bad" than expected. Revenues reached $1.91 billi ...
VF(VFC) - 2025 Q1 - Quarterly Report
2024-08-07 20:26
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 29, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number: 1-5256 V. F. CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation ...
V.F. Corp (VFC) Gains on Q1 Earnings Beat, Sequential Growth
ZACKS· 2024-08-07 16:50
V.F. Corporation (VFC) reported first-quarter fiscal 2025 results, wherein the top and bottom lines beat the Zacks Consensus Estimate. Although the company’s sales and earnings declined year over year, it noted improvements sequentially. The company’s fiscal first-quarter results reflected sequential revenue improvements across all its brands. Moreover, VFC is on track with its Reinvent program and expects to deliver on its cost-saving target.V.F. Corp reported an adjusted loss per share of 33 cents compare ...
I'm Selling VFC After The Fiscal Q1 Rally
Seeking Alpha· 2024-08-07 15:49
Hinterhaus Productions/DigitalVision via Getty Images This article covers V.F. Corporation's (NYSE:VFC) fiscal Q1 2025 results and earnings call. It also reviews the valuation after my Hold article covering the 4Q24 results. The company's results continue to be challenged, with some signs of sequential improvement but still significantly down. In fact, considering the length of the downturn, it is strange that the company is not turning faster in some areas. The market puts a lot of confidence in the co ...
V.F. Corp. Q1 Earnings: A Little Early To Be Optimistic
Seeking Alpha· 2024-08-07 03:40
Core Viewpoint - V.F. Corporation's recent quarterly earnings report showed slight improvements in revenue and loss per share, but the overall performance remains concerning, particularly for its core brands [3][13]. Financial Performance - For Q1 FY2025, V.F. Corp. reported an adjusted loss per share of $0.33, slightly better than expectations, with revenues of $1.91 billion, down 8.5% year-over-year [3][4]. - The Americas region experienced a 12% decline in revenues, while the APAC region saw modest growth of 2% year-over-year [3][4]. - GAAP EPS was negative $0.67, primarily due to a $0.30 impairment charge and restructuring costs [4][6]. Brand Performance - Vans brand sales fell by 21%, indicating ongoing internal issues despite a challenging macroeconomic environment [7]. - The North Face recorded its weakest quarterly revenues in three years but still managed a 12.7% CAGR over the last four years, with only a 3% year-over-year decline [8]. - Timberland and Dickies saw revenue declines of 14% and 10%, respectively, indicating persistent brand weaknesses [8]. Supreme Sale Impact - V.F. Corp. sold Supreme for $1.5 billion, a decision aimed at generating cash to pay off upcoming debt, with the sale expected to close by the end of Q3 FY2025 [11][12]. - The sale is anticipated to reduce total revenues by approximately 5% to 6% in FY2026, but it is viewed as a necessary move given the brand's underperformance [11][12]. - The transaction resulted in a positive market reaction, with VFC shares rising approximately 20% post-announcement, despite the overall value destruction from the acquisition [11][12]. Debt Management - The sale of Supreme is expected to help V.F. Corp. manage its debt, with a projected reduction of net debt by about $1.75 billion by the end of FY2025 [12]. - Management aims to use proceeds from the sale to pay down significant debt maturities, which could improve the company's credit rating outlook [12][13]. - Free cash flow guidance for FY2025 is set at $600 million, allowing for potential repayment of maturing notes [12].
VF(VFC) - 2025 Q1 - Earnings Call Transcript
2024-08-07 01:09
V.F. Corporation (NYSE:VFC) Q1 2025 Earnings Conference Call August 6, 2024 4:30 PM ET Company Participants Allegra Perry - Vice President of Investor Relations Bracken Darrell - President & Chief Executive Officer Paul Vogel - Executive Vice President & Chief Financial Officer Conference Call Participants Brooke Roach - Goldman Sachs Michael Binetti - Evercore ISI Paul Lejuez - Citigroup Jim Duffy - Stifel Matthew Boss - JPMorgan Laurent Vasilescu - BNP Paribas Bob Drbul - Guggenheim Jay Sole - UBS Mitch K ...