V.F. Corporation (VFC)
17.44 USD +2.14 (+13.99%) Volume: 14.94M
V.F. Corporation’s stock price surged by 13.99% this trading session, closing at 17.44 USD with a high trading volume of 14.94M, despite experiencing a year-to-date percentage change of -7.23%, reflecting a volatile yet potentially lucrative investment opportunity.
Latest developments on V.F. Corporation
VF Corp’s stock price experienced significant movement today, following several key developments within the company. President and Chief Executive Officer Bracken Darrell’s acquisition of 65360 shares was a notable event that garnered attention. In addition, the company’s stock was the top performer in the S&P 500 on Monday, sparking increased interest in VF Corp’s performance. The company also saw support from its heirs for Engaged Capital’s push for a board shake-up, indicating potential changes within the company’s management structure. These events have contributed to the heightened activity around VF Corp’s stock today.
V.F. Corporation on Smartkarma
Baptista Research, a top independent analyst on Smartkarma, recently published two research reports on Vf Corp, a leading fashion company. The reports, titled “VF Corporation: Its ‘Reinvent’ Plan a Game Changer for the Fashion Industry? – Major Drivers” and “VF Corporation: Understanding the Dynamics Behind The Recent Financial Performance! – Major Drivers”, provide insight into the company’s recent performance and future prospects.
The first report highlights VF Corporation’s mixed results for the previous quarter, with revenues surpassing analyst expectations. However, the company faced challenges with declines in certain brands, while others performed well. Vans, in particular, had a disappointing quarter with a 23% revenue decline, attributed to slow sell-through rates and challenged traffic. The second report delves deeper into the dynamics behind the company’s recent financial performance, noting that while revenues were above expectations, earnings fell short. Vans, in particular, saw a 22% decline in the quarter, largely due to an expected 40% decline in wholesale sales in the Americas.
A look at V.F. Corporation Smart Scores
|OVERALL SMART SCORE
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
VF Corporation, a global apparel company, is looking towards a positive long-term outlook according to the Smartkarma Smart Scores. The company has received a score of 3 for Value, indicating a strong overall value for investors. Additionally, VF Corp has received a perfect score of 5 for Dividend, showing a commitment to providing returns to its shareholders.
While the company has received a lower score of 2 for both Growth and Resilience, it has still maintained a respectable score of 3 for Momentum. This suggests that VF Corp may face some challenges in terms of growth and resilience, but is still performing well in terms of overall momentum.
Overall, VF Corporation has a diverse portfolio of brands in various categories, such as jeanswear, outerwear, and sportswear. Its products are marketed to a wide range of consumers, including specialty stores, upscale department stores, and mass merchants. With a positive outlook and strong scores in key areas, VF Corp is poised to continue its success in the apparel industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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