VFC News and Press, V.F. Corporation From 10/31/23

2023-10-31 18:25:13 ET Summary Management has issued cautious guidance for the remainder of FY2024, reducing free cash flow projections by 50% for the full year and cutting the quarterly dividend by 70%. Vans brand to continue struggling in the second half of 2024. Despite the...

2023-10-31 17:51:42 ET Shares of VF Corp (NYSE: VFC) fell 14% on Tuesday after the apparel and footwear company of brands including Vans, The North Face, Timberland, and Smartwool announced mixed quarterly results and withdrew its full fiscal-year earnings guidance. For its fisc...

2023-10-31 11:23:13 ET More on Consumer Discretionary Select Sector SPDR ETF XLY: Consumer Discretionary Dashboard For October Macro Headwinds Ahead, Expect Volatility In Consumer Discretionary Select Sector SPDR ETF XLY: Consumer Discretionary Dashboard For August ...

2023-10-31 09:35:58 ET Summary Consumer sentiment remains subdued, with only the top third of incomes driving any improvement. V.F. Corp, a leading apparel manufacturer, has cut its dividend by 70% and is facing significant challenges in the market. While there is potential fo...

2023-10-31 07:05:00 ET Summary 3M Company's travails continue, with an earnings pop fading and the yield once more approaching a record high. 3M's growth outlook has been cut in half following earnings as analysts adjust for tens of billions of dollars in long-term legal costs. ...

2023-10-30 20:29:08 ET V.F. Corporation (VFC) Q2 2025 Earnings Conference Call October 30, 2023, 04:30 PM ET Company Participants Allegra Perry - VP, IR Bracken Darrell - President and CEO Matt Puckett - EVP and CFO Conference Call Participants Lauren...

2023-10-30 17:11:56 ET Shares of VF Corp ( NYSE: VFC ) on Monday slumped as much as 17.6% to $14.11 in extended trading, after the company said it would undertake a restructuring plan centered around driving a turnaround in Vans sneakers, following a more than 20% plunge in quar...

2023-10-30 16:55:27 ET More on V.F. Corp V.F. Corporation: Activist Involvement Confirms Strong Value Proposition (Upgrade) V.F. Corp.: Think Twice Before Buying The Dip V.F. Corp.: A Real Value Trap - Avoid Catching This Falling Knife (Rating Downgrade) V.F....

2023-10-30 16:09:31 ET More on V.F. Corp V.F. Corporation: Activist Involvement Confirms Strong Value Proposition (Upgrade) V.F. Corp.: Think Twice Before Buying The Dip V.F. Corp.: A Real Value Trap - Avoid Catching This Falling Knife (Rating Downgrade) V.F....

VF Corporation (NYSE: VFC) today reported financial results for its second quarter (Q2'FY24) ended September 30, 2023, and announced a transformation program and quarterly per share dividend of $0.09, a 70% decrease from the previous quarter’s dividend. As the company implements the initia...