VFC Stock Recent News
VFC LATEST HEADLINES
V.F. Corporation is actively deleveraging its balance sheet, notably selling Supreme for $1.5 billion to pay down significant debt. CEO Bracken Darrell, with a successful turnaround history at Logitech, is leading the revitalization efforts, focusing on innovation and cost control. Vans' performance is crucial, with new leadership and early signs of product innovation showing potential for brand recovery.
DENVER--(BUSINESS WIRE)--VF Corporation Announces Second Quarter Fiscal 2025 Earnings and Conference Call Date.
VFC continues to witness growth, fueled by the Reinvent program, cost-reduction initiatives, and strategic efforts to streamline operations and reduce leverage.
Barclays analyst Adrienne Yih upgraded V.F. Corporation VFC from Equal-Weight to Overweight, raising the price forecast from $19 to $22.
Barclays upgraded the shares of apparel company VF Corporation (NYSE:VFC) to "overweight" from "equal weight," and hiked its price target to $22 from $19.
In the latest trading session, V.F. (VFC) closed at $17.62, marking a +0.23% move from the previous day.
Global apparel and footwear company VF Corp. NYSE: VFC has been working on its turnaround spearheaded by its current CEO, Bracken Darrell, who was appointed in July 2023. Darrell was the former CEO of Logitech International S.A.
VFC looks bullish due to trading above the 30-week EMA for four straight weeks and showing positive price action. Momentum is bullish in both short and long term, with PPO indicating positive momentum. Volume analysis suggests smart money has been accumulating shares, while relative strength is improving against the S&P 500 index.
Explore V.F.'s (VFC) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
V.F. Corporation reported strong Q1 FY2025 earnings, exceeding both revenue and earnings expectations. V.F. Corporation has announced the sale of Supreme for $1.5 billion, easing solvency concerns and enabling repayment of both upcoming debt maturities. The appointment of Sun Choe as Vans president, along with successful new products and marketing campaigns, makes the case for a potential second-half inflection point for Vans.