Lululemon 'has a handle' on US sales slowdown: Analyst [Yahoo! Finance]
V.F. Corporation (VFC)
Last v.f. corporation earnings: 1/23 06:55 am
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Source: Yahoo! Finance
BTIG Consumer Retail and Lifestyle Brands Analyst Janine Stichter joins the Morning Brief to dive deeper into the company's earnings. Stichter characterizes the company's earnings as a "sigh of relief" amid a management change and decelerating US sales. She emphasized that international sales were "extremely strong" and that the company's Americas business was "less bad than expected." US sales are not worsening, and the retailer "has a handle" on what it needs to fix, the analyst adds. Coming out of Q4, Lululemon disclosed inventory challenges, which Stichter says the company will seek to correct in Q2 and later in the year with innovation ramping up. International sales were a 'huge piece of the growth story," the analyst says. She notes that China is a "proof of concept" for the company. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This article was written by Gabriel Roy Video Transcript One of the worst p
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VFC
News
- Why Is V.F. (VFC) Up 16.2% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
- V.F. (VFC) Stock Dips While Market Gains: Key Facts [Yahoo! Finance]Yahoo! Finance
- What Oxford Industries Says About Its Higher-Income Customer Base [Yahoo! Finance]Yahoo! Finance
- Why V.F. (VFC) Outpaced the Stock Market Today [Yahoo! Finance]Yahoo! Finance
- Lululemon Jumps After Raising Its Full-Year Profit Outlook [BNN Bloomberg (Canada)]BNN Bloomberg
VFC
Earnings
- 5/22/24 - Miss
VFC
Sec Filings
- 6/21/24 - Form 11-K
- 6/13/24 - Form 4
- 6/11/24 - Form ARS
- VFC's page on the SEC website