Why VF Corp Stock Was Slumping Today
VF(VFC) fool.com·2024-05-23 18:34
The apparel company disappointed again in its quarterly earnings report.Shares of VF Corp (VFC -3.49%) were heading lower today as the struggling apparel company posted yet another disappointing earnings report in its fiscal fourth quarter.As of 1:05 p.m. ET on Thursday, the stock was down 3.5% after trading as low as 11% earlier in the session. VF's troubles continueOverall revenue fell 13% in the quarter to $2.4 billion, continuing a pattern of falling sales at core brands like Vans and The North Face. Th ...