94.57 -0.01 (-0.01%)
After hours: 4:00PM EST
|Bid||94.48 x 1100|
|Ask||94.47 x 800|
|Day's Range||94.26 - 95.15|
|52 Week Range||76.77 - 100.25|
|Beta (5Y Monthly)||0.97|
|PE Ratio (TTM)||29.38|
|Earnings Date||Jan 22, 2020|
|Forward Dividend & Yield||1.92 (2.03%)|
|Ex-Dividend Date||Dec 07, 2019|
|1y Target Est||103.76|
VF Corp said on Tuesday it was starting a review for nine workwear brands that target businesses, including Red Kap and Bulwark, as the apparel maker looks to focus on its retail-oriented brands such as Vans. The company said the brands under review represented about $865 million of its total fiscal 2019 revenue of $13.85 billion and about 50% of the workwear segment's sales. It also said divesting the brands, including VF Solutions that sells uniform to businesses and governmental organizations, would give it financial flexibility to plan future divestments.
Vans and Timberland parent VF Corp. said Tuesday it has hired Barclays as financial adviser as it explores strategic options for the occupational part of its work segment. At stake are nine brands and businesses including Red Kap, that make uniforms and other work clothing for workers in the industrial, service and government sectors. Together, they accounted for about $865 million of the company's 2019 revenue of $13.8 billion. "Divesting these brands would leave VF with a simplified portfolio of higher-growth, consumer-focused brands, while providing financial flexibility to fuel further strategic initiatives and enhance shareholder value," Chief Executive Steve Rendle said in a statement. The review does not include the Dickies and Timberland Pro brands. VF Corp. shares were up 0.8% in premarket trade and have gained 22% in the last 12 months, while the S&P 500 has gained 25%.
VF Corporation to explore strategic alternatives for the occupational portion of its work segment.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
V.F. (VFC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Vans Skate Space 198 is officially open to the public, designed with New York skaters in mind to eliminate the need to brave the cold to practice year-round. The new indoor facility is located in the rich, cultural enclave of Bushwick in Brooklyn, NY, right off the L's Jefferson stop in Bushwick.
V.F. Corp's (VFC) third-quarter fiscal 2020 performance is likely to have been negatively impacted by softness in Timberland and Dickies brands.
This month, Vans invites all public and private high school art students to participate in the eleventh year of Vans Custom Culture. Vans Custom Culture was launched to provide high school artists and students a platform to embrace and showcase their creative abilities. This year, Vans continues with its dedication to give back to the arts through its competition where students have a chance to win a grand prize of $75,000 for their school's art program. In addition to the grand prize winner, the top five runner-up schools will receive an artist mentorship program equaling one lesson in school from one of the following Vans' art ambassadors: Kelly Breez, Robin Eisenberg, Todd Francis, Penelope Gazin or Jay Howell.
As Triad Business Journal delves into employers that added or subtracted jobs in the region in 2019, it's also worth noting where Triad-based companies made changes elsewhere.
Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged in 2019. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 57%. Our research shows that most of the stocks that smart money likes historically generate strong risk-adjusted returns. That's why we weren't […]
Abercrombie & Fitch enters 2020 ready to make some big changes to its stores. Yahoo Finance talks to CEO Fran Horowitz about its plan.
Lululemon shares have skyrocketed 90% in 2019 to easily outpace giants such as Nike and Adidas. So is it time to buy LULU stock for 2020?
Nike Inc's quarterly revenue and profit blew past Wall Street expectations on Thursday on strong sales in China, but lower-than-expected growth in North America, its biggest market, overshadowed the beat. The world's largest footwear maker faces intense competition from brands like Adidas, Skechers and VF Corp's Vans in North America, even as it pushes to sell exclusive merchandise through its tap-and-buy SNKRS app and retail stores. In its attempt to gain market share over rivals, Nike has collaborated with celebrities, ramped up sneaker launches and increased marketing around major sporting events.
The October announcement that the 146-year-old company would move its HQ out of Colorado was a reminder to eco-devo leaders to be ever vigilant.
V.F. Corporation (VFC) is a global leader in the design, production, procurement, marketing and distribution of branded lifestyle apparel, footwear and accessories, notes Camilla Yanushevsky, and analyst with CFRA Research's The Outlook.