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Latest VFC News From Around the Web
Below are the latest news stories about V F Corp that investors may wish to consider to help them evaluate VFC as an investment opportunity.
VF Corp (NYSE: VFC ) has made significant progress in addressing excess inventory issues, and there are catalysts ahead that could cause demand trends to improve heading into the fall and winter season, according to BTIG. The VF Corp Analyst: Camilo Lyon upgraded VF Corp from Neutral to Buy and set an $88 price target. The VF Corp Thesis: The company has made "disciplined and targeted investments" in digital and China, Lyon said in the Tuesday upgrade note. VF's sales … Full story available on Benzinga.com
After VF Corp’s sales surged in China following its tie-up with Tmall and JD.com, the US apparel and footwear company is stepping up sales on digital channels with a partnership with Tencent.
Like many companies in the retail space, V.F Corporation (VFC) saw its first-quarter revenues declined by 47% compared to their prior-year period. Impacting revenues for the quarter were store closures in their direct-to-consumer channels and wholesale partners. Like many other companies, VFC saw outgrowth acceleration in their online sales. The...
Each month, we issue The Mike's Buy List for our DSR members. They get our best ideas for both U.S. and Canadian dividend stocks. The first Friday of each month, they receive our top 10 growth and top 10 retirement (yield over 4%+) investment ideas. With more earnings reports coming...
V.F. Corp (VFC): Q1 Non-GAAP EPS of -$0.57 beats by $0.11; GAAP EPS of -$0.71 misses by $0.07.Revenue of $1.08B (-47.3% Y/Y) beats by $104.51M.Gross margin rate -220 bps to 54.1% vs. consensus of 53.5%; Operating margin rate -21.9% vs. consensus of -29.5%.Shares +1.24% PM.Press Release...
V.F. Corporation ([[VFC]] -1.1%) reports Q1 FY 2021 revenue drop 47.3% to $1.1B.Revenue segment wise: active -54%, outdoor -44%, work -19%.Direct-to-consumer revenue -37%, digital revenue +78%Gross margin dropped 340 basis point to 52.9%Fiscal 2021 Outlook: Q2 FY21 revenues are expected to be down less than 25% and full-year FY21 free cash...
V.F. Corporation (VFC) Q1 2021 Results Conference Call July 31, 2020 09:30 AM ET Company Participants Joe Alkire - Investor Relations Steve Rendle - Chief Executive Officer Scott Roe - Chief Financial Officer Conference Call Participants Laurent Vasilescu - Exane BNP Paribas Matthew Boss - JP Morgan Sam Poser -...
During the fourth quarter of 2020, the company determined that the Occupational Workwear business met the held-for-sale and discontinued operations accounting criteria. Accordingly, the company has reported the related assets and liabilities of the Occupational Workwear business in discontinued operations as of the date noted above and included the operating results of this business in discontinued operations for all periods presented. Joining me on today's call will be VFC Chairman, President and Chief Executive Officer, Steve Rendle; and Chief Financial Officer, Scott Roe.
The ceo said “VF is built” to handle a crisis like the coronavirus.
V.F. Corp's (VFC) first-quarter fiscal 2021 results reflect losses from lower demand and store closures due to the coronavirus outbreak. Growth at China and digital business aids results.