VF Corporation (VFC) Climbs 10.8% on Rate Cut Hopes

Core Insights - VF Corporation (NYSE:VFC) experienced a significant share price increase of 10.80% on Friday, closing at $16.21, driven by investor optimism regarding potential interest rate cuts in December [1][4]. Market Sentiment - The stock's performance reflected broader market optimism, particularly following comments from Federal Reserve Bank of New York President John Williams, who indicated that monetary policy would be "modestly restrictive" due to weak labor market data [2][3]. Financial Performance - VF Corporation reported strong earnings for the second quarter of fiscal year 2026, with net income rising by 264% to $189.76 million from $52.18 million year-on-year. Revenues also increased by 3.7% to $2.8 billion compared to $2.7 billion in the same period last year [4].