VFC News and Press, V.F. Corporation From 01/04/24

2024-01-04 00:30:00 ET Summary The S&P 500 is still within 2% of its record closing high reached exactly two years ago on January 3rd, but beneath the surface, there have been some big moves. While the S&P 500 is down 1.9% from its high, over that same period, the ‘...

2024-01-01 10:54:00 ET Consumer Discretionary Select Sector SPDR Fund ETF ( NYSEARCA: XLY ) outperformed the broader index in 2023, gaining 38% this year, compared to a ~24% rise in the S&P 500. Within discretionary, the Automobiles & Components industry grew 7...

2023-12-30 07:48:31 ET Summary In 2023, my portfolio achieved an overall return of over 29%, outperforming the S&P 500 by over 5%. I review my sell decisions, including one big mistake. I survey my current holdings and discuss my strategy for 2024. This year, I grew ...

2023-12-19 08:15:10 ET More on V.F. Corp V.F. Corporation Is A Show-Me Story V.F. Corporation: Twice Cut Dividends Bode Poorly For Its Prospects (Rating Downgrade) V.F. Corp.: It's Finally Time To Load The Truck (Rating Upgrade) Vans-parent VF Corp stock sees...

2023-12-18 16:30:21 ET VF Corp ( NYSE: VFC ) stock on Monday posted its worst intraday performance since November 1, after the footwear and apparel maker disclosed a cybersecurity incident which resulted in some personal data being stolen and impacted the company's ability to f...

2023-12-18 16:16:52 ET Shares of VF Corporation (NYSE: VFC) fell as much as 9% early Monday, then settled to trade down 7% as of 1:30 p.m. ET after the parent company of brands including Vans, The North Face, Timberland, and Smart Wool disclosed a cyberattack that could have a mater...

2023-12-13 13:33:31 ET More on S&P 500 Index: Powell Is In A Pickle Fed: Policy Is Sufficiently Restrictive Despite The Easing Of Financial Conditions Federal Reserve To Sustain Or Snip The Rally Nasdaq, S&P, Dow tread water as Wall Street awaits fina...

2023-12-06 02:54:31 ET Summary Vans brand sales continue to decline, leading to V.F. Corporation retracting its full-year guidance. New CEO Bracken Darrell will look to turn the Vans and Timberland brands around, but he lacks apparel brand experience. VFC's struggles with Vans...

2023-12-04 14:36:57 ET More on SPDR S&P Retail ETF Wall Street Breakfast Catalyst Watch: Walmart, Target's Mixed Signals XRT: Retail Is Still Not Where I Want To Be BofA says credit/debit card spending rose on Black Friday versus last year Retail watch: B...

2023-12-03 10:00:00 ET Summary Vans' global underperformance has directly contributed to VFC's underwhelming top/ bottom lines, while implying a diminished brand power. The growing debts, moderating cash on balance sheet, and stagnant inventories continue to spell near-to-intermed...