Shares of VF Corp (VFC -12.39%) were pulling back as the parent of apparel brands like Vans and The North Face posted another disappointing earnings report in its fiscal third quarter. The company badly missed estimates on the top and bottom lines and said its CFO was stepping down, which is often interpreted as a negative sign. It also announced a strategic portfolio review, implying it may try to sell some of its brands.As of 12:36 p.m. ET, the stock was down 13.1% on the news. VF goes from bad to worseVF ...

V.F. Corporation (VFC) reported third-quarter fiscal 2024 earnings, wherein the top and bottom lines missed the Zacks Consensus Estimate. Both metrics also declined year over year. The quarterly results were hurt by a shift in the timing of the wholesale deliveries, mostly pronounced for The North Face and the EMEA regions.This currently Zacks Rank #3 (Hold) company's shares have lost 10.3% in the past three months compared with the industry’s 7.4% decline.Q3 HighlightsV.F.’s adjusted earnings of 57 cents p ...

Shares of VF Corp. got tripped up Wednesday, after the footwear and apparel company reported “particularly disappointing” fiscal third-quarter results, citing weakness in its iconic North Face and Vans brands.The company blamed warmer-than-usual weather for its North Face woes, especially in the Americas region, and said it was focused on righting the Vans brand, which appeared to lose its way more than a year ago. And a cybersecurity breach in December also affected results.The stock VFC, -12.92% tumbled 9 ...

V.F. Corporation (NYSE:VFC) Q3 2024 Earnings Conference Call February 6, 2024 4:30 PM ET Company Participants Allegra Perry - Vice President, Investor Relations Bracken Darrell - President and Chief Executive Officer Matt Puckett - EVP and Chief Financial Officer Conference Call Participants Michael Bennett - Evercore Brooke Roach - Goldman Sachs Adrienne Yih - Barclays Laurent Vasilescu - BNP Paribas Matthew Boss - JPMorgan Robert Drbul - Guggenheim Paul Lejuez - Citi James Duffy - Stifel Jay Sole - UBS Da ...

For the quarter ended December 2023, V.F. (VFC) reported revenue of $2.96 billion, down 16.2% over the same period last year. EPS came in at $0.57, compared to $1.12 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.26 billion, representing a surprise of -9.31%. The company delivered an EPS surprise of -27.85%, with the consensus EPS estimate being $0.79.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expe ...

V.F. (VFC) came out with quarterly earnings of $0.57 per share, missing the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $1.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -27.85%. A quarter ago, it was expected that this maker of brands such as Vans, North Face and Timberland would post earnings of $0.65 per share when it actually produced earnings of $0.63, delivering a surprise of -3.08%.Over ...

DENVER--(BUSINESS WIRE)--VF Corporation (NYSE: VFC) today reported financial results for its third quarter (Q3'FY24) ended December 30, 2023, announcing a quarterly per share dividend of $0.09 and reiterating FY24 free cash flow guidance. Bracken Darrell, President and CEO, said: " Our third quarter top-line performance was disappointing. However, we are confident the actions we are implementing as part of Reinvent will enable VF to stabilize and then grow revenue and improve operational performance across ...

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 December 30, 2023 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 incorpora ...

V.F. (VFC) ended the recent trading session at $16.67, demonstrating a -0.95% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 1.07%. Elsewhere, the Dow gained 0.35%, while the tech-heavy Nasdaq added 1.74%.Shares of the maker of brands such as Vans, North Face and Timberland witnessed a loss of 0.65% over the previous month, trailing the performance of the Consumer Discretionary sector with its gain of 2.41% and the S&P 500's gain of 2.93%.The up ...

V.F. Corporation (VFC) is likely to register top and bottom-line decreases from the year-ago quarter’s reported figures when it posts third-quarter fiscal 2024 earnings on Feb 6, after the closing bell. The Zacks Consensus Estimate for quarterly revenues is pegged at $3.3 billion, indicating a 7.1% decline from the prior-year quarter’s reported figure.The Zacks Consensus Estimate for fiscal third-quarter earnings is pegged at 83 cents per share, suggesting a 25.9% decline from the year-ago quarter’s reporte ...