Core Viewpoint - VF Corporation is facing a class action lawsuit from investors who purchased securities during the specified class period, following disappointing financial results and a significant decline in the performance of its Vans brand [1][3]. Financial Performance - VF Corporation reported a substantial decline in the growth of its Vans brand, with losses increasing from 8% in the previous quarter to 20% in the fourth quarter of fiscal 2025 [3]. - The company attributed these results and its below-expectation guidance to a strategic decision to reduce revenue by eliminating unprofitable or unproductive businesses [3]. - Following the announcement of these financial results, VF Corporation's stock price dropped by $2.21 per share, or 15.8%, closing at $12.15 per share on May 21, 2025 [3]. Legal Actions - The Portnoy Law Firm is advising investors of a class action lawsuit for those who bought VF Corporation securities between October 30, 2023, and May 20, 2025, with a deadline for filing a lead plaintiff motion set for November 12, 2025 [1]. - Investors are encouraged to contact the Portnoy Law Firm for a complimentary case evaluation and to discuss their legal rights regarding potential claims to recover losses [2][4].
Portnoy Law Firm Announces Class Action on Behalf of VF Corporation Investors