Profile
Sector:
Consumer CyclicalIndustry:
Apparel ManufacturingCountry:
United StatesIPO:
17 March 1980Website:
http://www.vfc.comNext earnings report:
N/ALast dividends:
10 September 2024Next dividends:
10 December 2024Price
after hours | Fri, 01 Nov 2024 23:33:48 GMTAnalysts recommendations
Institutional Ownership
VFC Latest News
The company seems as if it might be walking the walk with its rationalization efforts.
V.F. Corporation VFC shares are trading higher on Tuesday.
VFC posts better-than-expected second-quarter fiscal 2025 results. Results meet management's expectations, reflecting a sequential and broad-based improvement year over year.
VF Corp (NYSE:VFC, ETR:VFP) shares soared over 27% on Tuesday morning after the apparel company unveiled a return to profit in its second quarter. Earnings per share sat at $0.52 against a $1.16 loss in the second quarter of last year, the North Face and Vans owner revealed in results on Monday evening.
V.F. Corporation released its Q2 FY2025 results yesterday after the bell, which sparked a massive relief rally. VFC stock is up over 20% in after-hours trading. Adjusted EPS and revenue came in above consensus, but the real reasons for the market's improved sentiment lie elsewhere - in the sequential improvement at Vans and Timberland. There were a few other bright spots in VFC's latest results, but I'm keeping the champagne bottle closed for now - also considering Moody's recent credit rating downgrade to junk.
VF hopped over a low bar in its second-quarter earnings report.
Although the revenue and EPS for V.F. (VFC) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Vans parent VF Corp turned a profit after two consecutive quarterly losses and beat second-quarter sales estimates on Monday, benefiting from sequential improvement in its direct-to-consumer business and leaner inventory, sending its shares up about 16% after the bell.
VFC's second-quarter fiscal 2025 results are likely to reflect the impacts of a tough operating environment and dismal wholesale performance.
A negative analyst note weighed on the stock.
What type of business is VF?
VF Corporation, founded in 1899, is a global leader in the design, manufacturing, sourcing, marketing, and distribution of branded apparel, footwear, and related products. The VF business is significantly diversified by brands, product categories, distribution channels, geographic regions, and consumer demographics. The Company's brand portfolio includes outerwear, footwear, denim apparel, backpacks, luggage and travel bags, accessories, and other categories. The Company's largest brands are Vans®, The North Face®, Timberland®, Wrangler®, and Lee®.
What sector is VF in?
VF is in the Consumer Cyclical sector
What industry is VF in?
VF is in the Apparel Manufacturing industry
What country is VF from?
VF is headquartered in United States
When did VF go public?
VF initial public offering (IPO) was on 17 March 1980
What is VF website?
https://www.vfc.com
Is VF in the S&P 500?
No, VF is not included in the S&P 500 index
Is VF in the NASDAQ 100?
No, VF is not included in the NASDAQ 100 index
Is VF in the Dow Jones?
No, VF is not included in the Dow Jones index
When was VF the previous earnings report?
No data
When does VF earnings report?
Next earnings report date is not announced yet