|Bid||73.95 x 1000|
|Ask||0.00 x 800|
|Day's Range||81.58 - 82.93|
|52 Week Range||53.27 - 84.38|
|PE Ratio (TTM)||49.47|
|Forward Dividend & Yield||1.84 (2.36%)|
|1y Target Est||N/A|
Despite the generally cautious outlook on retailers, one Argus analyst is upbeat about apparel and footwear retailer VF Corp (NYSE: VFC ). The Analyst Analyst Mike Jaffe initiated coverage of VF Corp. ...
Ralph Lauren (RL) is covered by 18 Wall Street analysts. The analysts rate the stock a 2.9 on a scale of 1 (strong buy) to 5 (strong sell).
Currently, Ralph Lauren (RL) is trading at a one-year forward PE (price-to-earnings) ratio of 17.4x. The company is operating close to its three-year average PE ratio of 16.8x and around the middle of its 52-week PE ratio range of 13.8x–20.9x.
Ralph Lauren (RL) stock has surged more than 30% in the past year due to the company’s positive earnings surprise. Notably, Ralph Lauren has beaten Wall Street’s earnings expectations for 12 consecutive quarters. The company has also done better than the top-line forecasts for eight consecutive quarters. Ralph Lauren’s strategic initiatives are driving its margins higher. However, the sales will likely fall at least in the next fiscal year.
Wall Street projects a 6.7% YoY (year-over-year) decline in Ralph Lauren’s EPS (earnings per share) due to a 5.2% drop in its total sales. The EPS is expected to be ~$0.83 on total sales of $1.48 billion for the quarter.
VF Corp. has seen double-digit revenue growth in the last quarter with some help from its Williamson-Dickie acquisition.
Martin Marietta Materials Inc. has completed its acquisition of Bluegrass Materials Co. from Lindsay Goldberg for nearly $1.63 billion. Jacksonville, Fla.-based Bluegrass produces aggregates and concrete ...
VF Corp., parent of The North Face and Vans, reported 22% gains for both earnings per share and revenue, both topping views.
This earnings season is emerging as one of the wildest for apparel companies. Stocks are getting trashed despite the companies delivering earnings beats. Hanesbrands (HBI) and Tapestry (TPR) reported results on May 1 while VF Corp (VFC) posted quarterly earnings this morning.
VF Corporation (NYSE: VFC ) reported first-quarter earnings Friday morning. What Happened The company generated a revenue of $3 billion, which was an increase of 22 percent from the same period last year. ...
V.F. Corp (VFC) tops earnings and sales estimates for the transition period, ended Mar 31, 2018. The company gains from continued strength in international and direct-to-customer platforms.
VF Corp shares slid 4.5 percent on Friday as profits narrowly beat estimates and revenues blew past forecasts, and some investors worried that major VF jeans wear customer Walmart Inc was turning more toward private labels. Quarterly profits excluding items for VF edged past Wall Street estimates. Revenues got a boost from a booming Vans shoes business, demand for North Face apparel and higher online sales.
The North Carolina–based V.F. Corporation (VFC) reported results for the three-month period that ended in March 2018 before the opening bell this morning. The owner of iconic brands like Lee and Wrangler cruised ahead of top- and bottom-line expectations during the quarter. Management is referring to the three-month period ended March 2018 as the “transition period,” as it changed its fiscal year’s ending from the last Saturday closest to December 31 to the last Saturday closest to March 31.
V.F. Corporation (VFC) posted results for the transition period ended Mar 31, 2018, wherein adjusted earnings of 67 cents per share surpassed the Zacks Consensus Estimate of 65 cents.
Berkshire Hathaway's BRK.A Warren Buffett told CNBC that Berkshire bought 75 million Apple shares during the first quarter , bringing its total holdings to 240.3 million shares. Alibaba BABA – Alibaba reported quarterly profit of RMB 5.73 versus the consensus estimate of 5.45. Revenue also beat forecasts, as core commerce sales were up 62 percent and cloud revenue more than doubled.
VF Corp. , whose portfolio of brands includes Lee and Wrangler jeans, The North Face, and Timberland, reported net income of $252.8 million, or 63 cents per share, for the three months ended March 31, 2018, up from $209.2 million, or 50 cents per share, for the same period last year. The FactSet EPS consensus was 55 cents and the revenue consensus was $2.58 billion. Jeanswear revenue fell 1% to $639.5 million, missing the FactSet consensus for $662.8 million.
Alibaba and VF Corp. will report, while highly anticipated tech IPO Carbon Black will have its trading debut. But the April jobs report will set the tone for the market.
V.F. Corp (VFC) completes the sale of Nautica brand to Authentic Brands Group, LLC. This, along with the recent buyout of Icebreaker and plans to acquire Altra footwear, bodes well.
The buyer's portfolio includes celebrity brands such as Marilyn Monroe, Elvis Presley, Muhammad Ali and Shaquille O’Neal as well as Aeropostale, Juicy Couture, Jones New York and Adrienne Vitadinni.
Retail stocks are continuing to stand out and score big gains despite a shaky uptrend for the stock market. Five apparel retail stocks for your watch list are: Canada Goose, VF Corp., PVH Corp., Lululemon Athletica and Tapestry.
North Carolina–based Hanesbrands (HBI) is slated to report its 1Q18 results on Tuesday, May 1. On average, Wall Street is expecting a 3.8% YoY (year-over-year) jump in HBI’s total sales to ~$1.4 billion during the quarter.
V.F. Corp. (VFC) is gaining from the 2021 growth strategy that focuses on responding to the changing marketplace and boosting shareholder returns. Meanwhile, currency headwinds remain a hurdle.
Apple, Tesla and Alibaba report earnings in the coming week along with McDonald's, top shale companies and Spotify, while Facebook will hold its annual F8 developers conference.