VFC Stock Recent News
VFC LATEST HEADLINES
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.
Small caps that were once large are optimal in this environment for a small cap trade in my opinion. Despite challenges, some companies like Leggett & Platt and VF Corporation are working on turnaround stories and are cutting costs while reducing debt. Debt burdens are a concern, but rate cuts may provide some assistance in navigating small cap purgatory.