(VFC) Alert: Johnson Fistel Continues its Investigation of V.F. Corporation; Investors Suffering Losses Encouraged to Contact Firm
V.F. Corporation (VFC)
Last v.f. corporation earnings: 1/23 06:55 am
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US:NYSE Investor Relations:
ir.vfc.com
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Source: GlobeNewswire
SAN DIEGO, March 21, 2020 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of the federal securities laws by V.F. Corporation (“V.F.”) (NYSE: VFC). On January 23, 2020, V.F. announced third-quarter fiscal 2020 results. V.F. reported net revenue of $3.38 billion for the three months ended December 28, 2019, but fell short of the average analyst estimate of $3.43 billion. Additionally, the Company estimated annual revenue of $11.75 billion, compared with its prior forecast of $11.8 billion. It projected adjusted profit per share to be about $3.30, lower than its previous range of $3.32 to $3.37. On a conference call that same day, CFO Scott Roe, disclosed that the Company intended to sell “the Occupational Work Brands.” Roe stated, “From a financial standpoint the occupational work brands contributed about $865 million of revenue and $130 million of adjusted operating income in fiscal 2019.” Following this news, the price of
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VFC
News
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- VF Corporation (NYSE: VFC) was upgraded by analysts at Argus from a "hold" rating to a "buy" rating.MarketBeat
- Q3 Earnings Roundup: Figs (NYSE:FIGS) And The Rest Of The Apparel and Accessories Segment [Yahoo! Finance]Yahoo! Finance
VFC
Earnings
- 10/28/24 - Beat
VFC
Sec Filings
- 11/14/24 - Form SC
- 10/30/24 - Form 10-Q
- 10/30/24 - Form 8-K
- VFC's page on the SEC website