VF(US:VFC) Businesswireยท2025-11-10 23:00Core Viewpoint - V.F. Corporation (VFC) is facing a class action lawsuit due to significant financial losses and misleading statements regarding the performance of its Vans brand, which has seen a notable decline in revenue growth [2][4]. Financial Performance - VFC reported a 20% loss in the growth trajectory of the Vans brand for the fourth quarter of fiscal 2025, compared to an 8% loss in the previous quarter [2]. - The company anticipates that this decline will continue into the next quarter, attributing the poor results to "deliberately reduced revenue to eliminate unprofitable or unproductive businesses" [2]. Stock Market Reaction - Following the announcement of the financial results, VFC's stock price dropped by $2.28, or 15.8%, closing at $12.15 per share on May 21, 2025, impacting investors negatively [3]. Legal Allegations - The class action lawsuit alleges that VFC made materially false and misleading statements throughout the class period, failing to disclose necessary actions to return the Vans brand to growth and misrepresenting the company's business prospects [4]. - Specifically, the lawsuit claims that VFC did not inform investors about the need for significant reset actions that would affect Vans' revenue growth trajectory [4].