|Bid||90.26 x 800|
|Ask||90.26 x 800|
|Day's Range||89.95 - 91.36|
|52 Week Range||63.26 - 91.54|
|Beta (3Y Monthly)||1.46|
|PE Ratio (TTM)||31.55|
|Earnings Date||Oct 17, 2019 - Oct 21, 2019|
|Forward Dividend & Yield||1.72 (1.90%)|
|1y Target Est||99.52|
VF Corp, the company that owns Timberland, Vans, and the North Face, has decided to stop buying Brazilian leather in response to slow action by Brazil to battle Amazon fires. Yahoo Finance’s Dan Roberts, Kristin Myers and Heidi Chung discuss.
The company is in the process of moving its headquarters and the main offices of its four major outdoor brands to Colorado from other states.
Sportsman's Warehouse Holdings, Inc. ("Sportsman's" or the “Company”) (SPWH) today announced that Philip C. Williamson has been appointed to the Company's Board of Directors, effective September 12, 2019. Joseph Schneider, Chairman of the Board of Directors, stated, “We are pleased to welcome Philip to our Board. Jon Barker, Chief Executive Officer, said, “Philip will complement the strength of our Board of Directors given his extensive leadership experience and significant brand knowledge obtained while at the leading provider of high quality, affordably priced workwear and accessories.
On CNBC's "Fast Money Halftime Report," Pete Najarian spoke about unusually high options activity in VF Corp (NYSE: VFC). Najarian said that the stock looks like it wants to break out on the upside and he decided to jump in the trade. Jon Najarian bought the Jan. $27 calls in Vistra Energy Corp (NYSE: VST) after he saw unusually high volume in the strike.
Vans Will Donate $1 Million of Global Sales on November 21 to Imagination.org COSTA MESA, Calif. , Sept. 11, 2019 /PRNewswire/ -- Vans, the original action sports brand and advocate for creative expression, ...
Breaking down Lululemon's (LULU) Q2 2019 financial results that wowed Wall Street last week. And why Lulu stock looks like a buy as it expands its digital, international, and menswear businesses to further challenge Nike (NKE) - Full-Court Finance.
VF Corporation is not relying on Vans to keep it moving in the future. The company has proven its capability to be one step ahead of the Birkenstocks of the world when it comes to fashion trends and consumer loyalty with intelligent leadership.
Low-cost fashion retailer H&M said Friday it is suspending leather purchases from Brazil to make sure it is not supporting cattle farming that may be contributing to the fires in the Amazon rainforest.
$25,000 GRAND PRIZE, WINNING SHOE DESIGN PRODUCED AND SOLD BY VANS, TRIP TO THE VANS HQ AND $100,000 CHARITY DONATION COSTA MESA, Calif. , Sept. 5, 2019 /PRNewswire/ -- Vans, the original action sports ...
V.F. Corporation (NYSE:VFC) is about to trade ex-dividend in the next 4 days. You can purchase shares before the 9th...
Welcome to the latest episode of the Full-Court Finance podcast where Associate Stock Strategist Ben Rains dives into everything investors need to know about Lululemon (LULU) stock before the company reports its Q2 earnings results on Thursday...
(Bloomberg) -- Few multinational companies would publicly advertise some U.S.-based jobs to women and others to men. In Mexico, though, some have listed gender preference right alongside qualifications like “education” and “experience.”Discrimination on the basis of sex is illegal in both countries, but in Mexico, it remains a regular—and open—practice. According to a Bloomberg analysis of more than 10,300 job ads posted during one week in August on the popular Mexican job site OCCMundial, more than 800 specified male or female applicants.Most were for local firms, but not all. Staffing giants Kelly Services, Adecco and Manpower designated some of their Mexico-based postings for men or for women. Home Depot Inc. was recruiting male sales associates. VF Outdoor Services sought a woman with “excellent presentation” and “emotional intelligence” for an executive assistant role. Several local car dealerships did the same, along with Hyundai Glovis, a logistics subsidiary of the Korean car company.The data examined by Bloomberg showed that, overall, ads targeted men for more senior or managerial positions. Women were recruited for secretarial and customer service roles. Job ads seeking men also offered higher salaries than openings for the same position but a preference for women.Those companies say the ads Bloomberg found aren’t consistent with their policies or practice and have been fixed. Nonetheless, they illustrate the challenge of connecting company rhetoric with on-the-ground operations around the world. In August, Home Depot joined nearly 200 companies in signing a letter from the Business Roundtable that promised to foster “dignity and inclusion” in their operations. On its website, VF Corporation touts its “Global Women’s Advisory Council” and its promise to achieve gender parity in its senior leadership by 2030.“This was an oversight for several job postings by stores in Mexico,” a Home Depot spokesperson said in an email. “The job postings have been corrected and this has been addressed with the stores that posted them. Home Depot does not discriminate in hiring practice and is always looking for the best talent for the specific position.”Hyundai Glovis said the job ads reflected an error made by a new employee. “The part about gender was deleted immediately, the HR staff will be trained in company policy and law, and HR hiring processes will be strengthened,” the company said in a statement. “Hyundai GLOVIS Mexico does not discriminate on gender-related acts when hiring employees.”“Unfortunately, a small percentage of job postings in Mexico that did not reflect our commitment to diversity and inclusion were brought to our attention and we have taken immediate action to correct these,” a spokesman for Manpower said in an email. “We continue to review job posts on an ongoing basis to ensure they reflect our position on diversity and our commitment to equal employment opportunities.”Kelly Services said its recruiters in Mexico are trained and informed on compliant and ethical employment practices in the regions where they operate, and that the company “now will place postings to recruit individuals who are most qualified for the job duties at hand, without regard to immutable personal attributes.” Addeco said that in Mexico, it has policies to prevent any mention of gender in a job posting “unless there is a legitimate reason,” and that it was looking into the job ads flagged by Bloomberg.VF Corp., parent of VF Outdoor Services, along with brands like Vans, The North Face and JanSport, didn’t return several emails and phone calls seeking comment.“Global companies should make sure that any standards they say they’re holding themselves to are observed the world over,” said John Paul Rollert, a behavioral science professor at the University of Chicago Booth School of Business and “in-house ethicist” at the Chicago Booth Review. “If they're not, people will find out and they’ll be held to account.” OCCMundial is owned by SEEK Ltd., a $4.8 billion tech company based in Melbourne, Australia, that owns and operates job sites around the world. Sergio Porragas Moreno, OCCMundial’s Chief Operating Officer, said the site’s terms and conditions forbid discrimination in job postings, and the site retains the right to remove any post deemed “illegal or abusive” following a formal investigation.“It’s a form of gender discrimination that’s unfortunately very common in the country,” said Gonzalo Sanchez de Tagle, a constitutional lawyer and author of the new book, “The Political Constitution of Mexico City.” “It’s 100% illegal, but a lot of labor rights violations go unnoticed or unreported.”“An example of using an outdated, unsubstantiated stereotype to deny women equal opportunity.”Using data captured by a Quaretaro, Mexico, firm, Bloomberg analyzed 10,334 job ads in Mexico City, the State of Mexico, Nuevo Leon, Jalisco and Guanajuato—the country’s main economic hubs—over about a week in August. The data captured openings in some of the country’s biggest and fastest growing industries: logistics, sales, administration, engineering and manufacturing.More than 800 postings specified a gender preference, more often for men than for women. Administrative jobs, mostly for receptionists, secretaries and assistants, accounted for almost half of all the openings seeking women. Sales jobs, including customer service representatives and cashiers, represented 38%.By contrast, nearly one-third of the listings seeking men were for drivers, forklift operators, storekeepers or other logistics positions. Another 28% were for manufacturing jobs, including supervisors, technicians and inspectors.Sales accounted for just 12% of the openings seeking men, but unlike the sales positions seeking women, they were more likely to be for management jobs or other, more senior titles.Among open engineering jobs, 82% were gender neutral. But 15% specified a preference for male applicants; just 3% targeted women.“There’s growing awareness over these issues, but there’s still a lot of discrimination in the work culture in Mexico,” said Alexandra Haas, president of Mexico’s National Council to Prevent Discrimination, or Conapred.More than 40 countries still allow gender discrimination in hiring. Another 50 place at least some restrictions on women’s work, according to the World Bank. Where discrimination is illegal across the board—in Mexico, the U.S. and elsewhere—it’s still common, just more subtle, Haas said. In several languages, including Spanish, job titles can be specifically masculine or feminine—recepcionista, for example, or as Deloitte specified in a March ad, asistente ejecutiva. (Deloitte didn’t respond to a request for comment.) Employers in Mexico can request a photo with a job application, another way to screen for gender, race or simply appearance.In most industries, there’s a deep imbalance, with fields dominated by men or by women; so-called women’s work also pays a lot less, said Rita Ramalho, researcher for a World Bank study on women’s rights across 187 countries. This dynamic reinforces the gender pay gap, she said. “It’s not only that less women are actually working, but when they do work, they are more likely to earn less than men.”The ads on OCCMundial reflected a stark pay gap. Coordinator jobs that specifically asked for men listed salaries that were on average 26% higher than what was offered in the ads asking for women. For managers and manager assistants, male-specific jobs offered 11% more than those that were specific to women.The gender pay gap and discrimination in hiring have become hot-button issues among the global economic elite in recent years, in part because the full economic enfranchisement of women is good for overall productivity. Closing the global gender pay gap would add $32 trillion to global GDP, according to the most recent estimate from the World Economic Forum.Investors, employees and customers have been pressuring companies to address gender biases and promote diversity. The MeToo movement forced executives to rethink their own behavior. BlackRock Inc., State Street Global Investors and other large funds are demanding diversity at the board level, and many pension funds are pushing for more disclosure and diversity among top executives.Even in countries where discrimination is legal or even tolerated, U.S. companies are ethically responsible for following their own best practices on gender equality, said Kabrina Chang, business ethics and law professor at Boston University. The job ads in Mexico are “an example of using an outdated, unsubstantiated stereotype to deny women equal opportunity,” she said. “No matter where that happens, it’s not good for women.”\--With assistance from Nacha Cattan, Andrea Navarro, Sohee Kim and Corinne Gretler.To contact the authors of this story: Amy Stillman in Mexico City at email@example.comJeff Green in Southfield at firstname.lastname@example.orgTo contact the editor responsible for this story: Janet Paskin at email@example.com, David MarinoCarlos M RodriguezFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
WASHINGTON/BRASILIA, Aug 30 (Reuters) - Brazil's foreign minister and President Jair Bolsonaro's son met with U.S. President Donald Trump on Friday to discuss the fires ravaging the Amazon rainforest, although no concrete measures to deal with the blazes were announced. Speaking to reporters following the meeting, Eduardo Bolsonaro said there could be an announcement later, potentially after his return to Brasilia on Saturday and consultations with his father. Bolsonaro has said he will appoint Eduardo as Brazil's ambassador to the United States, but the controversial nomination has yet to be sent to the Senate for voting and confirmation.
BRASILIA/RIO DE JANEIRO, Aug 29 (Reuters) - Fires in Brazil's Amazon rainforest have receded slightly since President Jair Bolsonaro sent in the military to help battle the blazes, but international fallout accelerated as a major shoemaker said it would not buy supplies from Brazil. Brazil has registered 2,696 fires in the Amazon in the five days since Saturday, when the military began on-the-ground firefighting efforts, according to data from Brazil's space research agency INPE.
BRASILIA/RIO DE JANEIRO (Reuters) - Fires in Brazil's Amazon rainforest have receded slightly since President Jair Bolsonaro sent in the military to help battle the blazes, but international fallout accelerated as a major shoemaker said it would not buy supplies from Brazil. Brazil has registered 2,696 fires in the Amazon in the five days since Saturday, when the military began on-the-ground firefighting efforts, according to data from Brazil's space research agency INPE. The thousands of fires tearing through the Amazon have spawned an international crisis for Brazil, with public protests and world leaders voicing concern that Bolsonaro's government is doing too little to protect the world's largest tropical rainforest.
Fans of Greek mythology know Nike as the goddess of victory, and winning usually describes both Nike (NYSE:NKE) stock and the company itself. Recently, though, the U.S.-China trade war has hurt Nike stock. However, strong product development and marketing have delivered decades of gains with few interruptions.Source: Shutterstock Those who buy NKE stock should win in the long-term no matter when they buy. Still, profiting in the short term requires a sense of timing. Investors should always weigh headwinds against the company's products and marketing before pulling the trigger. Outside Forces Will Hurt NKE Stock, but It Should Bounce BackWithout question, the U.S.-China trade war has impacted Nike stock in recent trading sessions. Though NKE has still risen for 2019, it has fallen by almost 10% from the 52-week high set in mid-July. It is hardly immune to bearish pressures. Its last one occurred in 2016.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMoreover, the yield curve inverted earlier this month. In past economic cycles, this has signaled a looming recession. While economic expansions do not have to end in theory, the average expansionary period since 1945 has run for less than five years. Considering that the current economic cycle began more than ten years ago, a recession remains a looming risk factor. * 7 "Boring" Stocks With Exciting Prospects Still, NKE stock has long served investors well. Falling to a low of $9.56 per share in 2009, it has now risen by more than nine-fold. Moreover, it has long maintained a healthy price-earnings (PE) ratio. The average PE over the last five years has come in at 34.74. Even during the financial crisis, this metric consistently stayed above 20. With a current PE of about 33, it trades close to normal levels amid a trade war.For now, the forward PE ratio stands at about 24.2. Analysts also forecast earnings increases of 16.5% in this year of 2020 and 16.9% next year. This factors in the effects of the trade war. Earnings estimates for the year stand at $2.90 per share. This estimate was $3.02 per share 60 days ago, but I see profits holding up well despite more challenging conditions.Marketing also remains on point. As William White points out, Nike has introduced the Nike Adventure Club. For a subscription fee, this will allow parents to get their kids' new shoes between four and 12 times per year. This provides a huge benefit to parents with fast-growing children who seem to always need new shoes. Nike Well-Positioned to Weather Political StormsNike should also continue to mitigate the politics of its business. As Dana Blankenhorn argues, Nike does not depend as heavily on China as some might think. To make this point, he cites the Nike Manufacturing Map, which shows activity in 41 countries. It also points to increased activity in places such as Vietnam, Cambodia, and Indonesia.About 18% of Nike's manufacturing now occurs in China. Hence, Nike looks better-positioned than peers such as adidas (OTCMKTS:ADDYY) and V.F. Corporation (NASDAQ:VFC) when it comes to its involvement in the People's Republic.Nike stock has also defied predictions about the Colin Kaepernick ad. These ads infuriated millions of Americans. Still, contrary to the belief of some, both revenues and the share price have risen despite this anger.Nike bases itself in Beaverton, Oregon. However, this North America base only accounts for about 42.7% of Nike sales. From that standpoint, it makes sense that Nike stock could absorb the fallout from such a controversy. Should I Buy Nike Stock?Nike stock remains a long-term winner. However, the company faces considerable headwinds at this time. Nike continues to stay well-positioned to minimize the effects of the trade war. Still, I would not expect total immunity for NKE stock. Moreover, if predictions of a recession prove true, NKE could struggle for some time to come.Still, investors need to take any negativity about Nike stock with a grain of salt. NKE stock is in no way a sell. Even if the worst fears about trade wars or recessions come true, I would not expect NKE to become cheap. Investors should view the prospect of a current PE ratio below 20 as highly improbable. If the current valuation falls below 25, investors should buy.Investors will probably profit in the long run regardless of when they buy Nike stock. Although nobody should expect to buy NKE on the cheap, they might do better than the current 33-times earnings.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks to Buy on the Dip * 7 Marijuana Stocks With Critical Levels to Watch * 7 Internet of Things Stocks to Buy Now The post Nike Stock Is a Long-Term Buy That Calls for Short-Term Patience appeared first on InvestorPlace.
Colorado officials spent five months pursuing the Outdoor Retailer shows with the ardor of a smitten teenager, presenting detailed business plans on why the event should leave its longtime home in Salt Lake City to move east and offering up a $1.7 million incentive bouquet for organizers to use to help market themselves to their new community. Nathan Fey, director of the Colorado Outdoor Recreation Industry Office, said Thursday morning that he believes the group’s decision to combine the November show with its already scheduled Outdoor Retailer Snow Show in January will “best represent the industry,” and Gov. Jared Polis later in the day lauded the economic impact of the downsized event and said the state could look at other ways it may be able to help the show.
Management discussed innovation, Kontoor's supply chain, and a strategy to deal with import tariffs in the jeans maker's first earnings conference call.