|Bid||0.00 x 800|
|Ask||0.00 x 40700|
|Day's Range||77.73 - 85.94|
|52 Week Range||67.95 - 97.00|
|Beta (3Y Monthly)||0.59|
|PE Ratio (TTM)||29.44|
|Earnings Date||Oct 22, 2018 - Oct 26, 2018|
|Forward Dividend & Yield||1.84 (2.06%)|
|1y Target Est||101.29|
Executives at V.F. Corp. and PayPal tell Yahoo Finance that the stage is set for a strong holiday shopping season, and the numbers support the claims.
V.F. Corp. stock took a hit after the company revealed the impact of the Sears bankruptcy on its jeans business and reported a slowdown in Europe.
V.F. Corp. (VFC) posts robust second-quarter fiscal 2019 results wherein both the top and bottom line surpassed Zacks Consensus Estimate. Also, the company raised its fiscal 2019 outlook.
VF Corp shares fell 9 percent on Friday after the apparel maker lowered revenue forecasts for its jeans business and reported slow outdoor wear sales even as its popular Van sneakers lifted quarterly profit. In August, VF said it would spin off its less profitable Wrangler and Lee jeans into a publicly traded company, allowing it to focus on Vans and its outdoor wear businesses to help improve profit margins. Second-quarter revenue at Timberland, part of the company's outdoor wear business, fell 2 percent, Wrangler was down 5 percent and Lee was off 9 percent.
Company leaders raised expectations for a number of segments, including The North Face brand that will based in Denver.
VF Corporation (VFC) reported better-than-expected top and bottom line numbers for the second quarter of fiscal 2019, which ended on September 30. VF Corporation delivered revenue of $3.90 billion in the second quarter of fiscal 2019, reflecting YoY (year-over-year) growth of 15.0% and beating analysts’ consensus estimate by 1.1%. Acquisitions and the strengthening of its international and D2C (direct-to-customer) operations, along with brands such as Vans and North Face, drove the company’s top line growth.
The size of VF Corporation (NYSE:VFC), a US$35.4b large-cap, often attracts investors seeking a reliable investment in the stock market. Doing business globally, large caps tend to have diversified revenue Read More...
V.F. (VFC) delivered earnings and revenue surprises of 7.52% and 1.14%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
Procter & Gamble PG – The consumer products giant reported adjusted quarterly profit of $1.12 per share , exceeding estimates by 3 cents a share. Revenue also came in above Street forecasts and the company posted organic sales growth of 4 percent for its fiscal first quarter. Honeywell HON – Honeywell earned an adjusted $2.03 per share for the third quarter , 4 cents a share above estimates.
VF Corp. said Friday it had net income of $507.1 million, or $1.26 a share, in its fiscal second quarter to end September, up from $386.1 million, or 97 cents a share, in the year-earlier period. Adjusted per-share earnings came to $1.43, ahead of the FactSet consensus of $1.33. Revenue rose to $3.907 billion from $3.392 billion, also ahead of the FactSet consensus of $3.865 billion. The owner of brands including Vans, The North Face and Timberland said earnings were driven by core brands the international and direct-to-consumer platforms and work businesses. The company is now expecting fiscal 2019 adjusted EPS of $3.65 and revenue of at least $13.7 billion. The FactSet consensus is for EPS of $3.63 and revenue of $13.709 billion. Shares were not yet active premarket, but have gained 17.7% in 2018, while the S&P 500 has gained 3.6%.
On a per-share basis, the Greensboro, North Carolina-based company said it had net income of $1.26. Earnings, adjusted for non-recurring costs, were $1.43 per share. The results exceeded Wall Street expectations. ...