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0.000757193336698486 0.000757193336698486 0.00227158001009582 0.00176678445229683 0.00681474003028763 0.00555275113578998 0.00959111559818262 0.00959111559818262
Stock impact report

Vans Owner VF Cut to Junk as Sales Drop at Firm's Top Brands [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
Most Read from Bloomberg Under Trump, Prepare for New US Transportation Priorities Zimbabwe City of 700,000 at Risk of Running Dry by Year-End Saudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency Sace Arizona Elections Signal Robust Immigration Enforcement Under Trump The Urban-Rural Divide Over Highway Expansion and Emissions S&P lowered Denver-based VF's issuer credit rating two notches to BB from BBB-, its “less favorable view of VF's competitive position,” according to a statement. The company posted weak second-quarter sales last month for Vans, The North Face, Dickies and Timberland. S&P's rating could be cut further if its core brands fail to return to growth — a result of changing tastes, weak consumer demand, or supply chain disruption. VF's ability to drive a turnaround at Vans, its largest brand, and reaccelerate momentum at The North Face are key to growth, BI analysts Poonam Goyal and Sydney Goodman wrote in a note. A spokesperson for Show less Read more
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