NEW YORK, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Kirby McInerney LLP reminds V.F. Corporation (“VFC” or the “Company”) (NYSE:VFC) investors of the November 12, 2025 deadline to seek the role of lead plaintiff in a pending federal securities class action. If you purchased or otherwise acquired V.F. Corporation securities, have information, or would like to learn more, please contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the form below, to discuss your rights or i ...

With significant hedge fund interest and return on equity, Deckers Outdoor Corporation (NYSE:DECK) secures a spot on our list of the 13 Safest Stocks to Invest in Now. UBS Retains Its Buy Rating and $158 Price Target for Deckers Outdoor Corporation (DECK) UBS retained its Buy rating and $158 price target for Deckers Outdoor Corporation (NYSE:DECK) on September 29, emphasizing the stock’s growth potential and undervaluation. With the help of the HOKA and UGG brands, the company anticipates that earnings p ...

So there's the internal culture, but there's also the the society, the the cultural relevance of Nike, which also feels like it's been lacking in the last few years. How do you restore something like that. Yeah, I think so.First of all, I what I what we did do and and the fifth component of the win now actions is this ground game. That's means that we have teams and uh teammates down into the key cities around the world where influence happens whether it is culture or sport and we lost those that the people ...

Financial Data and Key Metrics Changes - For the second quarter, the company reported revenues of $70.9 million, a decline of approximately 25% compared to the previous year, aligning with internal forecasts [9][22] - Net loss from continuing operations for the quarter was -$0.5 million, or -$0.02 per diluted share, compared to net income of $2.6 million, or $0.09 per diluted share in the prior year [22] - Gross margin was $35.4 million, or 49.9% of net revenues, slightly up from 49.8% in the prior year [23][24] - SG&A expenses totaled $36.3 million, or 51.2% of net revenues, compared to $43.6 million, or 46.4% of net revenues a year ago [24] Business Line Data and Key Metrics Changes - Direct segment revenues for the second quarter were $60.5 million, a 16.2% decrease from $72.2 million in the prior year [23] - Comparable sales declined 17.3%, driven by conversion declines in full line, outlet, and e-commerce channels [23] - Indirect segment revenues totaled $10.3 million, a 52.5% decrease from $21.8 million in the prior year, primarily due to a decline in key account orders and liquidation sales [23] Market Data and Key Metrics Changes - The company experienced sequential improvement in comparable store sales across its store fleet and online channels during the second quarter [9] - Inventory decreased by 13.2% to $96.7 million compared to $111.4 million at the end of the second quarter last year [25] Company Strategy and Development Direction - The company is implementing a comprehensive strategy to revitalize its market position by leveraging its brand's emotional connection with consumers [4][5] - Five key strategic initiatives have been identified: sharpening brand focus, developing a cohesive omnichannel strategy, updating the outlet strategy, improving the operating model, and reimagining organizational structure [10][16][20][21] - The company is focusing on product innovation and targeted marketing to re-engage loyal customers and expand reach to new market segments [5][10] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the challenges in the current operating environment but expresses confidence in the ongoing transformation efforts and early progress in improving sales and margins [26] - The company is not providing guidance due to the dynamic consumer environment but is focused on enhancing operational discipline [26] Other Important Information - The company is in the process of searching for a new CEO and is meeting with promising candidates [8] - The company estimates an annualized impact of $11 million from tariffs and is working to mitigate these impacts [26] Q&A Session Summary - The Q&A session was not detailed in the provided content, and no specific questions or answers were recorded. The session concluded without further inquiries [27]

Financial Data and Key Metrics Changes - For Q2 2026, the company reported revenues of $70.9 million, a decline of approximately 25% compared to the previous year, aligning with internal forecasts [10][24] - The net loss from continuing operations was -$0.5 million, or -$0.02 per diluted share, compared to a net income of $2.6 million, or $0.09 per diluted share in the prior year [24] - Gross margin was $35.4 million, or 49.9% of net revenues, slightly up from 49.8% in the prior year [25][26] - SG&A expenses totaled $36.3 million, or 51.2% of net revenues, compared to $43.6 million, or 46.4% of net revenues a year ago [26] Business Line Data and Key Metrics Changes - Direct segment revenues for Q2 totaled $60.5 million, a 16.2% decrease from $72.2 million in the prior year, with comparable sales down 17.3% [25] - Indirect segment revenues were $10.3 million, a 52.5% decrease from $21.8 million in the prior year, primarily due to a decline in key account orders and liquidation sales [25] Market Data and Key Metrics Changes - The company experienced sequential improvement in comparable store sales across its store fleet and online channels during the second quarter [10] - Inventory decreased by 13.2% to $96.7 million compared to $111.4 million at the end of the second quarter last year [27] Company Strategy and Development Direction - The company is implementing a comprehensive strategy to revitalize its market position, focusing on brand strength, product innovation, and targeted marketing [5][6] - Five key strategic initiatives have been identified: sharpening brand focus, developing a cohesive omnichannel strategy, updating the outlet strategy, improving the operating model, and reimagining organizational structure [10][18][21][22] - The company is also focusing on enhancing its wholesale strategy and building new retail partnerships to reach new consumer segments [15][17] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the challenging operating environment but expresses confidence in the current trends and improvements being made [22][28] - The company is not providing guidance due to the dynamic consumer environment but is focused on enhancing operational discipline and improving financial results [28] Other Important Information - The company is in the process of searching for a new CEO, which is a major focus for the management team [9] - The anticipated annualized impact of tariffs is estimated at $11 million, with efforts underway to mitigate these impacts [28] Q&A Session Summary - The Q&A session was conducted but no specific questions or answers were documented in the provided content [30]

Core Insights - Vera Bradley, Inc. has launched its first original short film titled "Most Perfect Couple," inspired by fan fiction from 2002, featuring Kristen Mulrooney and Devon Sawa [1][2] - The film aims to celebrate multi-generational self-expression and nostalgia, connecting with customers' emotional ties to the brand [3] Company Overview - Vera Bradley, Inc. is a leading lifestyle company known for its colorful and thoughtfully designed products that promote self-expression [5] - Founded in 1982, the company is based in Fort Wayne, Indiana, and is recognized for its distinctive handbags, luggage, and home goods [6] Marketing Strategy - The film was created in collaboration with the creative agency CALLEN, emphasizing the brand's commitment to celebrating youthful dreams and emotional connections [2][3] - The marketing campaign aims to resonate with a multi-generational customer base, inviting them to revisit their youthful aspirations [3] Product Promotion - The bags and accessories featured in the film are part of Vera Bradley's Fall 2025 collection, available for purchase on the brand's website [4]

Core Viewpoint - Tapestry, the parent company of Coach and Kate Spade, is facing significant profit headwinds due to increased tariffs, which are expected to cost the company $160 million in the upcoming fiscal year, despite anticipated sales growth [1][2]. Financial Performance - Tapestry expects full-year fiscal 2026 earnings to be between $5.30 and $5.45 per share, which is below analysts' expectations of $5.49 per share [1][3]. - The company projects revenue of approximately $7.2 billion for the fiscal year, indicating low single-digit growth compared to the previous year [3]. Tariff Impact - The CFO highlighted that the company is experiencing greater profit challenges from tariffs than previously anticipated, particularly due to the suspension of the de minimis rule, which previously allowed duty-free entry for items valued at $800 or less [2]. - Tapestry is exploring various strategies to mitigate the impact of tariffs, including diversifying manufacturing locations and improving operational efficiency [5]. Industry Context - Other retailers are also adapting to higher tariff costs by moving manufacturing, raising prices, and focusing on popular items [4]. - Major U.S. retailers, including Walmart, Home Depot, and Target, are expected to report their quarterly earnings soon, which may provide further insights into industry trends [6].

Core Insights - Steven Madden, Ltd. reported challenging financial results for Q2 2025, primarily due to new tariffs impacting imported goods [3][4][11] - The company is focused on long-term growth through strategic consumer engagement and the integration of Kurt Geiger, which is expected to drive future growth [3][4] Financial Performance - Total revenue for Q2 2025 increased by 6.8% to $559.0 million compared to $523.6 million in Q2 2024 [8] - Gross profit as a percentage of revenue decreased to 40.4% from 41.5% in the same period last year [8] - The company reported a net loss of $39.5 million, or $0.56 per diluted share, compared to a net income of $35.4 million, or $0.49 per diluted share, in Q2 2024 [8][27] Revenue Breakdown - Wholesale revenue was $360.6 million, a decrease of 6.4% year-over-year, with a 12.8% decline when excluding Kurt Geiger [4] - Direct-to-consumer revenue rose by 43.3% to $195.5 million, although it decreased by 3.0% when excluding Kurt Geiger [5] Operational Metrics - The company ended the quarter with 392 retail stores, including 98 outlets, and seven e-commerce websites [6] - Operating expenses as a percentage of revenue increased to 47.2% from 31.3% in Q2 2024 [8] Balance Sheet and Cash Flow - As of June 30, 2025, total debt was $293.5 million, with cash and short-term investments totaling $111.9 million, resulting in net debt of $181.6 million [9] - The company did not repurchase any shares during the quarter [9] Dividend Announcement - The Board of Directors approved a quarterly cash dividend of $0.21 per share, payable on September 23, 2025 [10] Future Outlook - Due to ongoing macroeconomic uncertainties related to tariffs, the company is not providing financial guidance for 2025 [11]

Financial Performance - Nike's earnings per share was 14 cents, exceeding the expected 13 cents [1] - Revenue reached $11.1 billion, surpassing expectations of $10.7 billion [1] - North America revenue was $4.7 billion, exceeding expectations [1] - China revenue was $1.4 billion, falling short of the expected $1.5 billion [2] Strategic Initiatives - Nike's CEO Elliot Hill is expected to outline his strategy for future growth during the conference call [2][3] - Nike is reportedly partnering with Amazon, potentially creating a new catalyst for growth [4] - Nike is realigning its business to focus on sports rather than gender, aiming to revitalize core areas like basketball and running [6][7] Forward Guidance - Analysts anticipate quarterly guidance during the conference call, with potential insights into holiday order books and expectations for the next fiscal year [3][4] - Nike acknowledges that current financial results are not satisfactory and anticipates improvement through "win now actions" [5]

Core Insights - Bath & Body Works (BBWI) reported strong first-quarter fiscal 2025 results, with net sales meeting estimates and earnings surpassing expectations, showing year-over-year improvement [1][3] Financial Performance - Adjusted earnings were 49 cents per share, beating the Zacks Consensus Estimate of 47 cents, and increased by 28.9% from 38 cents in the prior year [3] - Net sales rose 2.9% year over year to $1,424 million, marking the strongest underlying sales performance since fiscal 2021, driven by successful product innovation and collaboration with Disney [3] - U.S. and Canada store net sales increased 4.3% to $1.11 billion, exceeding the consensus estimate of $1.09 billion, while direct sales fell 4.3% to $250 million, missing the estimate [4] Margin Analysis - Gross profit increased 6.6% year over year to $646 million, with gross margin expanding 160 basis points to 45.4% [5] - Operating income rose 11.8% to $209 million, with operating margin increasing 120 basis points to 14.7% [6] Store Operations - The company ended the quarter with 1,900 stores, including 1,787 in the U.S. and 113 in Canada, opening 13 and closing 8 stores during the quarter [8] - Internationally, partners opened 14 stores and closed 19, ending with 524 stores, with plans for at least 30 net new store openings in fiscal 2025 [9] Financial Health - Cash and cash equivalents stood at $636 million, with long-term debt of $3.89 billion and long-term operating lease liabilities of $895 million [10] - Total inventory increased by 7% year over year, attributed to tariffs and strategic inventory management [11] Future Outlook - For Q2 fiscal 2025, net sales are expected to be flat to up 2% year over year, with a gross margin forecast of 41% [12][14] - Fiscal 2025 net sales growth is projected at 1-3%, with a gross margin of 44% and full-year earnings per share estimated between $3.25 and $3.60 [16][18] - Free cash flow is projected between $750 million and $850 million, with an annual dividend of 80 cents per share and $300 million planned for share repurchases [19]