|Bid||0.00 x 800|
|Ask||0.00 x 900|
|Day's Range||81.88 - 83.61|
|52 Week Range||70.34 - 97.00|
|Beta (3Y Monthly)||1.01|
|PE Ratio (TTM)||28.09|
|Earnings Date||Jan 21, 2019 - Jan 24, 2019|
|Forward Dividend & Yield||2.04 (2.42%)|
|1y Target Est||98.52|
The North Face announced Wednesday that it's re-releasing its ThermoBall line in November using recycled polyester and insulation. The insulation alone in one ThermoBall Eco jacket will be made from five plastic bottles. The North Face launched the Bottle Source Collection earlier this year, a line of hoodies and tees made from plastic bottles found in national parks. The North Face says the ThermoBall Eco is "an important step to how we create sustainable change at scale." The North Face is part of the VF Corp. portfolio of brands. VF Corp. shares have gained 14.5% this year so far while the S&P 500 index is up 2.1% for the period.
While the state should stay the course regarding its incentive offerings, it should look more closely at educating a workforce for technology, several people said.
FAO Schwarz, now owned by ThreeSixty Group, opens its new 30 Rockefeller Plaza flagship store Friday. "Of course, it's FAO Schwarz, so we have the big dance-on piano. Creating a bigger-than-life, "experiential" feel at physical stores is "probably the biggest buzzword in retail," said David Conn, CEO of ThreeSixty Brands, whose parent company, ThreeSixty Group, bought FAO Schwarz in 2016.
The Wrangler headquarters in Greensboro will become the main global headquarters for 'NewCo.'
Two top leaders of VF Corp. each paid more than $3 million for homes in Denver, where the company plans to move next year. The Rendles bought the 5,000-square-foot home Oct. 26 through Westward Bound LLC, a company they formed the same day, according to records with the Denver Register of Deeds. Its tax value is $1.8 million, according to the Guilford County Register of Deeds.
A whopping number of 13F filings filed with the U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers’ equity positions as of the end of the three-month […]
Hanesbrands (HBI) reported its third-quarter results on November 1. Its third-quarter adjusted EPS came in at $0.52. Excluding the Sears bankruptcy charge of $14 million, the pro forma adjusted EPS were $0.55—in line with the consensus estimate. On a reported basis, EPS from continuing operations were $0.47, versus $0.56 in the third quarter of 2017. Increases in expenses, along with a higher income tax, hurt the bottom line.
Hanesbrands (HBI) reported its third-quarter results on November 1. Third-quarter sales of $1.85 billion missed the consensus estimate of $1.87 billion. However, on a year-over-year basis, overall sales rose 2.7%. An unfavorable foreign exchange movement wiped out $22 million from the overall sales. Organic sales were up over 1%, on a constant-currency basis.
On November 1, Hanesbrands (HBI) stock was down 5.5% following the company’s third-quarter earnings announcement. The company’s sales of $1.85 billion fell short of the consensus estimate of $1.87 billion. The pro forma adjusted EPS were $0.55, which excludes the Sears bankruptcy charge of $14 million—in line with analysts’ consensus estimate.
"The positive outlook for the US apparel and footwear industry reflects faster-than-anticipated revenue and profit growth," said Moody's Apparel Analyst, Michael Zuccaro. Moody's has revised its 2018 operating profit growth forecast for the industry to 8%-9% from 3%-5%, though this high growth rate will be difficult to sustain and decelerate to a still strong 6%-7% in 2019. NIKE is expected to begin to show strong profit growth, supported by its new product pipeline and direct-to-consumer growth, as well as ongoing international expansion and an improved local apparel retail market.
Greensboro-based VF Corp. has completed the sale of its beachwear brand Reef to The Rockport Group, the company announced Monday morning.
NEWTON, Mass., Oct. 29, 2018 -- The Rockport Group (Rockport), a leading maker of casual and dress shoes, today announced that it has completed the acquisition of the Reef®.
VF Corporation (VFC), a global leader in branded lifestyle apparel, footwear and accessories, today announced that it has completed the sale of the Reef® brand to The Rockport Group (Rockport) of Newton, Massachusetts. A leading maker of casual and dress shoes, Rockport is a portfolio company of certain affiliates of Charlesbank Capital Partners, LLC (Charlesbank), a middle-market private equity firm.
Few know or follow trends better than teens. Piper Jaffray’s semi-annual "Taking Stock With Teens" surveys this crucial demographic and found that overall spending by teens is up 1 percent year-over-year ...
The largest Insider Buys this week were for JPMorgan Chase & Co. (JPM), BlackRock Inc. (BLK), Crown Castle International Corp. (CCI) and VF Corp. (VFC)
VF Corp.'s CEO closed on his new Denver home on Thursday, and the company (NYSE: VFC) is bringing out 30 to 40 associates each weekend from across the country to see if they would like to move with the apparel giant to its new headquarters in 2019. CEO Steve Rendle on Friday attended the announcement by Gov. John Hickenlooper of a new economic-impact study that puts the sector’s contribution to the state at $62.5 billion a year. Rendle — whose company makes gear from JanSport backpacks to The North Face outerwear to Smartwool socks — told Denver Business Journal the report helps him to understand better the consumers in the state that will be VF Corp’s new home, and it helps him to show the bipartisan appeal of outdoor-recreation initiatives when working with government leaders.
Outdoor recreation’s economic impact in Colorado has more than doubled in just the past four years, adding $62.5 billion to the state’s economy and supporting 511,000 direct jobs, according to a report released Friday by Gov. John Hickenlooper. The Democratic governor rolled out the newest statistics, compiled by Colorado Parks and Wildlife, as he signed an executive order putting into law some of the outdoor-recreation-focused initiatives he has begun in office, including the three-year-old Colorado the Beautiful project that seeks to ensure a park, trail or open space is within 10 minutes of every state resident. The term-limited Hickenlooper will leave office in January, but he said the timing of the executive order was more about getting everything in place after several years of work rather than worrying that his successor will not continue his efforts.
YTD (year-to-date) as of October 24, Hanesbrands (HBI) stock has fallen 20.6% to $16.60. A weakness in the innerwear segment is a big concern. Second-quarter sales for its innerwear segment declined 3% in the United States due to reduced sales in the mass merchant and off-price retail channels.
Of the 15 analysts covering Hanesbrands (HBI) stock on October 24, 40% are recommending a “buy.” The remaining 60% are recommending a “hold.”
Hanesbrands (HBI) expects its margin performance to improve in the second half of 2018, driven by acquisitions and organic revenue growth. For the third quarter of 2018, Hanesbrands has estimated its operating profit at $265 million–$280 million. It hasn’t provided any outlook for its gross or operating margin.
Wall Street analysts estimate that Hanesbrands (HBI) will report sales of $1.87 billion in the third quarter of 2018, representing 4% growth YoY (year-over-year). In the third quarter of 2017, sales increased 2.2%. Hanesbrands is scheduled to report its third-quarter results on November 1.