VF Corp (NYSE:VFC) Stock Update: Goldman Sachs Maintains Neutral Rating
VFVF(US:VFC) Financial Modeling Prep·2026-01-29 04:03

Core Viewpoint - VF Corp (NYSE:VFC) is a significant player in the apparel and footwear industry, with Goldman Sachs maintaining a Neutral rating and raising its price target from $16 to $18 while advising investors to hold their positions [1][5]. Financial Performance - VF Corp reported strong third-quarter earnings, with earnings of $0.58 per share, exceeding the FactSet consensus of $0.45 [2][5]. - Revenue increased by 1.5% year-over-year, reaching $2.88 billion, surpassing analysts' estimates of $2.75 billion, driven by a successful holiday season for The North Face and Timberland [2][5]. - The company's gross margin improved by 30 basis points to 56.6%, aided by a favorable product mix and sourcing savings that offset tariff impacts [3]. - Operating income rose to $289 million, up from $226 million the previous year [3][5]. Stock Performance - VF Corp's stock price is currently at $19.11, having decreased by 5.77% or $1.17 recently [4]. - The stock has traded between a low of $17.80 and a high of $19.23 on the current day, with a yearly high of $29.02 and a low of $9.41 [4]. - The company's market capitalization is approximately $7.47 billion, with a trading volume of 19,049,705 shares on the NYSE [4].

VF Corp (NYSE:VFC) Stock Update: Goldman Sachs Maintains Neutral Rating - Reportify