Wolf Haldenstein Adler Freeman & Herz LLP Announces Securities Class Action Lawsuit Against V.F. Corporation (NYSE: VFC)
VFVF(US:VFC) Globenewswire·2025-09-18 20:43

Core Viewpoint - A federal securities class action lawsuit has been filed against V.F. Corporation, alleging misleading statements regarding its revenue outlook and growth potential during the Class Period from October 30, 2023, to May 20, 2025 [1][2][3]. Allegations - The lawsuit claims that V.F. Corporation misled investors by presenting a false impression of reliable revenue projections while downplaying risks associated with seasonality and macroeconomic factors [3]. - The complaint highlights that V.F.'s optimistic statements about cost-cutting measures and growth initiatives, particularly regarding the Vans brand, were misleading. Despite efforts to reset inventory under the "Reinvent" initiative, the company struggled to achieve sustainable growth without significant restructuring [4]. - Following the disclosure of its fiscal 2025 results on May 21, 2025, V.F.'s stock price dropped nearly 16%, resulting in substantial losses for investors [4]. Financial Performance - Vans' revenue decline worsened from -8% in Q3 to -20% in Q4 of fiscal 2025. Management indicated that results and guidance were affected by intentional revenue reductions aimed at eliminating unprofitable segments. Even without these reductions, Vans revenue would have still declined in the "high single digits" [8].