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VFC / VF Corp. stock falls on reduced profit outlook, CEO transition

VF Corp. stock falls on reduced profit outlook, CEO transition
VF Corp. VFC, -0.78% shares fell 7% in premarket trades on Monday after the apparel maker warned its 2022 adjusted profit will fall below its earlier view and said it's launching a search for a new chief executive officer. VF Corp. said it now expects 2022 adjusted earnings of $2 to $2.20 a share from $2.40 to $2.50 a share in its earlier view, due to macroeconomic factors as well as the impact of weaker-than-anticipated consumer demand across its categories, primarily in North America. Read More
Posted: Dec 5 2022, 08:22
Author Name: Market Watch
Views: 111653

VFC News  

Activist Engaged Capital sees a path to lift VF Corp's share price and slash costs

By CNBC
November 4, 2023

Activist Engaged Capital sees a path to lift VF Corp's share price and slash costs

Cost cutting and refreshing the board at VF Corp. are on the list of priorities for activist Engaged Capital. more_horizontal

Why VF Corp Stock Lagged the Market Today

By The Motley Fool
November 1, 2023

Why VF Corp Stock Lagged the Market Today

An influential investment bank cut its price target on the stock rather deeply. Unfortunately, that was only the latest in a recent series of such mov more_horizontal

Why VF Corp Stock Dropped Today

By The Motley Fool
October 31, 2023

Why VF Corp Stock Dropped Today

VF Corp announced mixed fiscal second-quarter results, beating on earnings but falling short of revenue expectations. The owner of brands including Th more_horizontal

V.F. Corp (VFC) Lags Q2 Earnings Estimates, Withdraws View

By Zacks Investment Research
October 31, 2023

V.F. Corp (VFC) Lags Q2 Earnings Estimates, Withdraws View

V.F. Corp's (VFC) second-quarter fiscal 2024 results reflect dismal performances in the wholesale business and Vans. As a result, it withdraws the pre more_horizontal

We're reducing cost across the board and reinvesting in innovation: VF Corp. CEO Bracken Darrell

By CNBC Television
October 31, 2023

We're reducing cost across the board and reinvesting in innovation: VF Corp. CEO Bracken Darrell

VF Corp. CEO Bracken Darrell joins 'Mad Money' host Jim Cramer to talk his jump from Logitech, consumer spending, and quarterly results. more_horizontal

V.F. (VFC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

By Zacks Investment Research
October 30, 2023

V.F. (VFC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Although the revenue and EPS for V.F. (VFC) give a sense of how its business performed in the quarter ended September 2023, it might be worth consider more_horizontal

V.F. (VFC) Misses Q2 Earnings Estimates

By Zacks Investment Research
October 30, 2023

V.F. (VFC) Misses Q2 Earnings Estimates

V.F. (VFC) came out with quarterly earnings of $0.63 per share, missing the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of more_horizontal

VF Corp. stock tumbles, withdraws 2024 earnings guidance

By Yahoo Finance
October 30, 2023

VF Corp. stock tumbles, withdraws 2024 earnings guidance

VF Corporation (VFC) reported fiscal second-quarter results were about in line with Wall Street estimates, with revenue coming in slightly better than more_horizontal


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