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Stock impact report

Q4 Earnings Review: Apparel and Accessories Stocks Led by VF Corp (NYSE:VFC) [Yahoo! Finance]

V.F. Corporation (VFC) 
Last v.f. corporation earnings: 1/23 06:55 am Check Earnings Report
US:NYSE Investor Relations: ir.vfc.com
Company Research Source: Yahoo! Finance
Thanks to social media and the internet, not only are styles changing more frequently today than in decades past but also consumers are shifting the way they buy their goods, favoring omnichannel and e-commerce experiences. Some apparel and accessories companies have made concerted efforts to adapt while those who are slower to move may fall behind. The 16 apparel and accessories stocks we track reported a strong Q4. As a group, revenues beat analysts' consensus estimates by 2.5% while next quarter's revenue guidance was in line. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 25% since the latest earnings results. Owner of The North Face, Vans, and Supreme, VF Corp (NYSE:VFC) is a clothing conglomerate specializing in branded lifestyle apparel, footwear, and accessories. VF Corp reported revenues of $2.83 billion, up 1.9% year on year. This print exceeded analysts' expectations by 1.2%. Overall, it was a stunning quarter fo Show less Read more
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