Why Vans and The North Face Owner VF's Stock Is Soaring Tuesday [Yahoo! Finance]
V.F. Corporation (VFC)
Last v.f. corporation earnings: 1/23 06:55 am
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Source: Yahoo! Finance
The company said its turnaround plan is working, with CEO Bracken Darrell noting it is on track to meet its full-year savings goal. Tuesday's gains sent VF shares into positive territory for the year. VF Corporation ( VFC ) shares skyrocketed in early trading Tuesday after the struggling apparel maker posted better-than-expected results and gave a strong outlook, raising confidence in the company's turnaround plan. The firm behind The North Face and Vans brands reported adjusted earnings per share (EPS) of 60 cents for the second quarter of fiscal 2025, its first profit in three quarters and well above analysts' estimates. Revenue fell 5.6% from a year ago to $2.76 billion, also ahead of forecasts. VF's gross margin improved 120 basis points (bps) to 52.2%, while inventories fell 13%, and its debt of $5.7 billion was lower by about $446 million from the previous year. The company said that after the quarter, it received $1.475 billion of net proceeds following the close of th
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VFC
News
- Why Are VF Corp (VFC) Shares Soaring Today [Yahoo! Finance]Yahoo! Finance
- Dickies, iconic Fort Worth brand for 100 years, is moving its headquarters to California [Yahoo! Finance]Yahoo! Finance
- The North Shore Welcomes Back the Vans Pipe Masters [Yahoo! Finance]Yahoo! Finance
- The North Shore Welcomes Back the Vans Pipe MastersPR Newswire
- Vans Owner VF Cut to Junk as Sales Drop at Firm's Top Brands [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