VFC - V.F. Corporation

NYSE - NYSE Delayed Price. Currency in USD
82.34
+9.08 (+12.39%)
At close: 4:00PM EST
Stock chart is not supported by your current browser
Previous Close73.26
Open82.22
Bid78.00 x 1300
Ask82.99 x 1800
Day's Range80.00 - 84.39
52 Week Range67.18 - 97.00
Volume6,281,860
Avg. Volume2,496,043
Market Cap32.673B
Beta (3Y Monthly)1.05
PE Ratio (TTM)28.11
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield2.04 (2.78%)
Ex-Dividend Date2018-12-07
1y Target EstN/A
Trade prices are not sourced from all markets
  • No, Vans parent VF Corp. isn’t going to buy Skechers
    MarketWatch23 hours ago

    No, Vans parent VF Corp. isn’t going to buy Skechers

    VF Corp.’s Chief Executive Steven Rendle used the company’s third-quarter earnings call to quiet chatter about adding Skechers Corp. to the company’s portfolio, saying that one can’t believe everything they hear. “Obviously, M&A continues to be our number one choice about capital allocation,” Rendle said on the call, according to a FactSet transcript. Talk about a possible Skechers (SKX)  purchase bubbled up on Thursday.

  • Why VF Corp. Stock Popped Today
    Motley Fool2 days ago

    Why VF Corp. Stock Popped Today

    The apparel and footwear leader delivered a strong beat-and-raise performance. Here's what investors need to know.

  • Thomson Reuters StreetEvents2 days ago

    Edited Transcript of VFC earnings conference call or presentation 18-Jan-19 1:30pm GMT

    Q3 2019 VF Corp Earnings Call

  • Why Schlumberger, VF Corporation, and Bank OZK Jumped Today
    Motley Fool2 days ago

    Why Schlumberger, VF Corporation, and Bank OZK Jumped Today

    The stock market continued its 2019 rebound.

  • TheStreet.com2 days ago

    VF Corp. Surges on Back of Strong Earnings, Raised Guidance

    , which owns brands such as Vans, Timberland and The North Face, surged more than 11% in early trading on Friday after the company reported better-than-expected fiscal third-quarter earnings, and raised its guidance for the coming quarters. VF shares jumped 12.4% to close at $82.34 in trading on the New York Stock Exchange. Net income for the Greensboro, North Carolina-based company rang in at $463.5 million, or $1.16 a diluted share, for its fiscal third quarter vs. a loss of $90.3 million, or 18 cents a share, a year earlier.

  • InvestorPlace2 days ago

    Potential Buyout Is Another Reason to Like Skechers Stock

    M&A activity in the financial markets is picking up, as record levels of corporate cash converged on a steep market sell-off in late 2018 to create a plethora of acquisition opportunities, and corporations took advantage. Thus, it's no surprise that M&A rumors have started to swirl around athletic apparel brand Skechers (NYSE:SKX). Specifically, there has been chatter that global apparel giant V.F. Corporation (NYSE:VFC) is interested in buying Skechers at $40 per share. Skechers stock trades just north of $25. Naturally, the stock bounced higher on those rumors. Wells Fargo is skeptical such an acquisition will actually happen. Their rationale -- that Skechers doesn't really fit into the VFC wheelhouse -- makes sense. VFC's biggest brands include names like Vans, Timberland and North Face. Those have some, but minimal, overlap and synergies with Skechers. InvestorPlace - Stock Market News, Stock Advice & Trading Tips As such, a VFC acquisition of Skechers seems unlikely at this point in time. But, that doesn't mean Skechers stock won't be acquired in 2019 at a big premium. Instead, this rumor goes to show that there is high M&A interest related to Skechers, as there should be. The company and stock have "buyout target" written all over them. Thus, as M&A activity picks up in 2019, Skechers stock could very likely be acquired by a bigger retail company looking to expand into the athletic apparel space. ### VFC May Not Be the Buyer The rumor floating around is that VFC will buy Skechers at $40 per share. Skechers stock initially traded higher on the news. Then, it gave up some of those gains as investors questioned the legitimacy of the rumors. * 7 Retail Stocks to Buy for the Rise of Menswear Investors are right to express skepticism. VFC has built a portfolio of global apparel brands through acquisitions. In the 1960's, VFC acquired leading jeans brand Lee. Over the next fifty years, VFC acquired Wrangler, Bulwark, North Face, Nautica, Vans, Reef, Timberland, and many, many more. This M&A activity hasn't slowed recently. Over the past decade, VFC has made numerous brand acquisitions, both small and large. But, Skechers doesn't really fit into the VFC wheelhouse. Skechers is an athletic apparel brand which rubs elbow with Nike (NYSE:NKE), Adidas (OTCMKTS:ADDYY), and Under Armour (NYSE:UAA). There isn't much overlap between Skechers and North Face, or Skechers and Vans. Granted, VFC could be looking to make a play in an entirely untapped mainstream athletic apparel market. That would make sense. After all, the athletic apparel market is where all the growth is today. Skechers gives them a cheap entry into that big growth market. But it isn't likely, because VFC usually acquires companies within its wheelhouse. As such, VFC probably won't buy Skechers any time soon. ### But Skechers Is a Buyout Target Although VFC likely won't be the buyer, Skechers stock is a serious buyout target in 2019. The company has all the characteristics you'd want in a buyout target. Skechers has grown revenues at a consistent double-digit rate over the past five years, and has broad and global exposure to the rapidly growing athletic apparel market. Gross margins are high, and have consistently trended higher over the past five years. The brand clearly has staying power in the mid-price sneaker market, which is largely ignored by other athletic apparel companies. The domestic business is stable, while the international business is red hot. In sum, this is a growth company with staying power and high margins in a growth industry. Those are attractive features to a potential suitor. Skechers stock also has ideal characteristics for a buyout target. There's a lot of cash and short-term investments on the balance sheet (~$900 million), and hardly any debt (less than $70 million in long-term debt). Thus, the company has a net cash position of roughly $800 million, meaning the $4.2 billion market cap underlying Skechers stock translates into a $3.4 billion enterprise value. Sales over the past twelve months measure $4.5 billion, while EBITDA is around $520 million. Thus, Skechers stock is trading at roughly 0.7X EV/Sales and ~6.4X EV/EBITDA. Those are anemic multiples for a double-digit-growth company. A potential suitor could pay a huge premium for Skechers stock, and still only pay just over 1X EV/Sales. Overall, Skechers the company has buyout target written all over it. So does Skechers stock. As such, while VFC may not be the buyer, that doesn't mean the idea itself is off the table in 2019. ### Bottom Line on SKX Stock Skechers is a solid and stable growth company with a dramatically undervalued stock. That combination naturally attracts M&A interest. If Skechers stock remains this cheap for much longer, there will eventually be a takeout offer -- and likely at a huge premium. As of this writing, Luke Lango was long SKX and NKE. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Companies Apple Should Consider Buying * 7 Beaten-Up Housing Stocks Due for a Bounce Back * Take Buffett's Advice: 5 Vanguard Funds to Buy Compare Brokers The post Potential Buyout Is Another Reason to Like Skechers Stock appeared first on InvestorPlace.

  • VF Corp. boosts Q3 revenue growth to $3.9B with The North Face leading charge
    American City Business Journals2 days ago

    VF Corp. boosts Q3 revenue growth to $3.9B with The North Face leading charge

    The company increased its expectations for revenues this fiscal year during an earnings call on Friday.

  • InvestorPlace2 days ago

    VF Corporation Earnings: VFC Stock Soars on Impressive Q3

    VF Corporation earnings (NYSE:VFC) were released early in the day on Friday and the company had an impressive quarter that helped to lift its stock more than 10% throughout the course of the day. The apparel giant -- which is responsible for developing Vans shoes and North Face jackets -- posted its third quarter results for the current quarter, which included adjusted earnings of $1.43 per share. The figure was stronger than the $1.32 per share that the Wall Street consensus estimate called for, according to data compiled by Bloomberg. VF Corporation added that its revenue for the period tallied up to $3.91 billion, which also came in ahead of the $3.75 billion that analysts were projecting, according to data compiled on a Bloomberg survey. The apparel maker added that its active-brand segment impressed during the period, surging 16% compared to the year-ago period, thanks in large part to a 25% year-over-year increase in sales from its Vans products. InvestorPlace - Stock Market News, Stock Advice & Trading Tips The positive quarter led to the company increasing its full-year adjusted earnings forecast to now be roughly $3.73 per share, which is higher than the $3.70 per share that Wall Street is calling for. VF Corporation also updated its 2019 revenue outlook to now be roughly $13.8 billion at a minimum, which is higher than the Wall Street midpoint guidance of $3.76 billion. VFC stock is skyrocketing roughly 12.8% on Friday following the apparel company's impressive third-quarter earnings showing. ### More From InvestorPlace * 7 Stocks to Buy as the Dollar Weakens * 10 Growth Stocks With the Future Written All Over Them * 8 Dividend Stocks With Growth on the Horizon Compare Brokers The post VF Corporation Earnings: VFC Stock Soars on Impressive Q3 appeared first on InvestorPlace.

  • VF Corp (VFC) Q3 2019 Earnings Conference Call Transcript
    Motley Fool2 days ago

    VF Corp (VFC) Q3 2019 Earnings Conference Call Transcript

    VFC earnings call for the period ending December 31, 2018.

  • Government shutdown could delay VF Corp. spinoff of Kontoor Brands
    American City Business Journals2 days ago

    Government shutdown could delay VF Corp. spinoff of Kontoor Brands

    As VF acknowledges possible delay in spinoff, the company predicts that jeanswear revenues will slip in 2019.

  • North Face's Newfound China Popularity Lifts Canada Goose
    Bloomberg2 days ago

    North Face's Newfound China Popularity Lifts Canada Goose

    China sales increased 23 percent year-over-year on a constant currency basis at VF Corp. During the conference call, executives said China is a "strategic investment priority" that’s paying off. Finance chief Scott Roe said the company saw "pretty meaningful acceleration in our China business this year," which gives management confidence in its outlook for the region. The company is monitoring China and other markets closely and maintains that the overall consumer backdrop remains solid.

  • Stocks making the biggest moves midday: Netflix, Boeing, Tesla, Eli Lilly & more
    CNBC2 days ago

    Stocks making the biggest moves midday: Netflix, Boeing, Tesla, Eli Lilly & more

    Check out the companies making headlines midday Friday.

  • Investing.com2 days ago

    Stocks - Dow Soars on Easing U.S.-China Tensions

    Investing.com – The Dow soared Friday, led by industrials, on optimism that China and the United States would find a way to end their bitter trade dispute.

  • Tiffany Discovers Oasis in China Where Apple Is Stumbling
    Bloomberg2 days ago

    Tiffany Discovers Oasis in China Where Apple Is Stumbling

    Tiffany & Co., whose overall holiday sales fell flat, reported double-digit sales growth in mainland China in the final two months of the year -- a welcome sign for retailers after Apple spooked the market earlier this month by warning Chinese demand was waning. “The holiday period has actually been very positive -- China is a big area of focus,” Tiffany’s Chief Executive Officer Alessandro Bogliolo said in an interview Friday.

  • Q4 Earnings Continue
    Zacks2 days ago

    Q4 Earnings Continue

    Q4 Earnings Continue

  • Tesla (TSLA) Cutting Workforce 7%, Plus More Q4
    Zacks2 days ago

    Tesla (TSLA) Cutting Workforce 7%, Plus More Q4

    Ramping up Model 3 production while cutting 3000+ workers is Tesla's latest challenge. Plus new earnings reports from SLB, KSU & VFC.

  • Skechers acquisition rumors fuel stock rise
    American City Business Journals2 days ago

    Skechers acquisition rumors fuel stock rise

    Rumors that Skechers U.S.A. Inc. was in acquisition talks with V.F. Corp. sent shares of Manhattan Beach, California-based Skechers rising in Thursday trading. Shares in Skechers (NYSE: SKX) rose more than 6 percent Thursday after an unconfirmed report surfaced that North Carolina-based V.F. Corp. (NYSE: VFC), maker of Vans and Timberland shoes, was interested in buying Skechers. StockTraderNet wrote that "V.F. Corporation (VFC) is in advanced talks to acquire Skechers USA Inc. Hearing the acquisition price represents a total enterprise value of about $6.5 billion or $40 per share." That news sent shares in Skechers up $1.60, rising 6.31 percent to close at $26.95.

  • Investing.com2 days ago

    Top Gainers: VF Corporation, Schlumberger, Western Digital Soar

    Investing.com -- VF Corporation, Schlumberger and Western Digital were in rally mode Friday, underpinning the broader market.

  • VF Corporation Stock Jumps 9.9% on Impressive Q3 2019 Results
    Market Realist2 days ago

    VF Corporation Stock Jumps 9.9% on Impressive Q3 2019 Results

    VF Corporation Stock Jumps 9.9% on Impressive Q3 2019 ResultsResults in detail Today, VF Corporation (VFC) stock was up 9.9% as of 7:43 AM EST following better-than-expected fiscal 2019 third-quarter results for the period that ended on December 29.

  • V.F. Corp (VFC) Stock Up on Q3 Earnings Beat & Raised View
    Zacks2 days ago

    V.F. Corp (VFC) Stock Up on Q3 Earnings Beat & Raised View

    V.F. Corp (VFC) posts robust third-quarter fiscal 2019 results. Additionally, management raises its earnings and sales outlook for the fiscal year.

  • CNBC2 days ago

    Shares of Vans' parent jump on boosted outlook, but shutdown could spell trouble for spinoff plans

    Share of Vans' parent company jumped in trading Friday after the apparel company reported strong growth in its Vans and The North Face brands and increased its full-year outlook.

  • V.F. (VFC) Tops Q3 Earnings and Revenue Estimates
    Zacks2 days ago

    V.F. (VFC) Tops Q3 Earnings and Revenue Estimates

    V.F. (VFC) delivered earnings and revenue surprises of 20.18% and 1.72%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?

  • CNBC2 days ago

    Stocks making the biggest moves premarket: Tesla, CVS Health, Eli Lilly, Netflix & more

    These are the stocks posting the largest moves before the bell.

  • Reuters2 days ago

    VF Corp raises full-year forecasts on higher Vans demand

    VF Corp raised its full-year revenue and profit forecast on Friday after the apparel maker reported an increase in demand for its high margin Vans sneakers during the holiday quarter. Quarterly revenue ...

  • MarketWatch2 days ago

    Vans-parent VF's stock soars after profit and sales beat, raised outlook

    Shares of VF Corp. shot up 8.5% toward a 6-week high in premarket trade Friday, after the apparel and accessories company, which brands include Vans, The North Face and Wrangler, reported better-than-expected fiscal third-quarter profit and sales. For the quarter ended December, VF swung to net income of $463.5 million, or $1.16 a share, from a loss of $90.3 million, or 23 cents a share, in the same period a year ago. Excluding non-recurring items, adjusted earnings per share came to $1.31, well above the FactSet consensus of $1.10. Revenue rose 8% to $3.94 billion, above the FactSet consensus of $3.87 billion. Gross margin improved to 51.9% from 51.5%. For fiscal 2019, the company raised its revenue guidance to "at least $13.8 billion" from "at least $13.7 billion," as raised outlooks for its outdoor, active and work segments offset a lower outlook for jeans. The company raised its adjusted EPS outlook to $3.73 from $3.65. The stock has dropped 16% over the past three months through Thursday, while the S&P 500 has lost 4.8%.