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VF Corp

VFC

Latest Trade

59.03USD

Change

-1.65(-2.72%)

Volume

187,721

Today's Range

58.84

 - 

60.48

52 Week Range

45.07

 - 

100.25

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

VF Corp Announces Organizational Changes To Advance Its Asia Pacific Regional Strategy

June 29 (Reuters) - VF Corp <VFC.N>::VF CORPORATION ANNOUNCES ORGANIZATIONAL CHANGES TO ADVANCE ITS ASIA PACIFIC REGIONAL STRATEGY.VF CORP - HAS CREATED NEW POSITION OF PRESIDENT, GREATER CHINA.VF CORP - EXPECTS PERCENTAGE OF VF'S TOTAL BUSINESS IN ASIA PACIFIC REGION TO GROW TO NEARLY 80 PERCENT BY FISCAL YEAR 2024.VF CORP - WILL ANNOUNCE LEADER APPOINTED TO POSITION OF PRESIDENT, GREATER CHINA LATER THIS SUMMER.

VF Reports Fourth Quarter And Full Year Fiscal 2020 Results

May 15 (Reuters) - VF Corp <VFC.N>::VF REPORTS FOURTH QUARTER AND FULL YEAR FISCAL 2020 RESULTS.SEES Q1 REVENUE DOWN MORE THAN 50 PERCENT.QTRLY REVENUE DECREASED 11 PERCENT (DOWN 10 PERCENT IN CONSTANT DOLLARS) TO $2.1 BILLION.QTRLY LOSS PER SHARE WAS $1.22 ON A REPORTED BASIS.ON ADJUSTED BASIS, QTRLY EPS DECREASED 70 PERCENT TO $0.10.Q4 EARNINGS PER SHARE VIEW $0.14, REVENUE VIEW $2.28 BILLION -- REFINITIV IBES DATA.NOT POSSIBLE TO PROVIDE A FINANCIAL OUTLOOK FOR FULL-YEAR FISCAL 2021 AT THIS TIME.FULL-YEAR FISCAL 2021 FREE CASH FLOW IS EXPECTED TO EXCEED $600 MILLION..SUSPENDED ITS SHARE REPURCHASE PROGRAM..ON MAY 12, 2020, VF'S BOARD OF DIRECTORS DECLARED A QUARTERLY DIVIDEND OF $0.48 PER SHARE.CURRENTLY EXPECTS MOST OF ITS RETAIL STORES TO BE OPEN BY MID-CALENDAR YEAR 2020.BELIEVES HAS SUFFICIENT LIQUIDITY AND FLEXIBILITY TO OPERATE DURING DISRUPTIONS CAUSED BY COVID-19.CURRENTLY, ALL OF VF'S RETAIL STORES IN APAC REGION, INCLUDING MAINLAND CHINA, HAVE RE-OPENED..WHILE RETAIL STORE TRAFFIC HAS IMPROVED RECENTLY, IT REMAINS DOWN SIGNIFICANTLY COMPARED WITH PRIOR YEAR..STARTED A PHASED REOPENING OF ITS RETAIL STORES IN EMEA REGION.IN NORTH AMERICA, VF IS PREPARED TO BEGIN A PHASED REOPENING OF ITS RETAIL STORES.VF CURRENTLY EXPECTS MOST OF ITS RETAIL STORES TO BE OPEN BY MID-CALENDAR YEAR 2020.VF - HAS APPROXIMATELY $3 BILLION OF CASH ON HAND IN ADDITION TO APPROXIMATELY $2.2 BILLION AVAILABLE UNDER ITS REVOLVING CREDIT FACILITY.CONTINUES TO OPERATE GLOBAL NETWORK OF DISTRIBUTION CENTERS.

Vf Corp Announces Proposed Offering Of Senior Notes

April 21 (Reuters) - VF Corp <VFC.N>::ORATION ANNOUNCES PROPOSED OFFERING OF SENIOR NOTES.PLANS TO OFFER SENIOR NOTES SUBJECT TO MARKET AND OTHER CONDITIONS.WILL USE PROCEEDS FROM DEBT OFFERING TO REPAY BORROWINGS UNDER SENIOR UNSECURED REVOLVING CREDIT FACILITY.

Vf Corp Provides Preliminary Financial Data For Full Year Fiscal 2020

April 21 (Reuters) - VF Corp <VFC.N>::ORATION PROVIDES PRELIMINARY UNAUDITED SELECTED FINANCIAL DATA FOR FULL YEAR FISCAL 2020 IN CONJUNCTION WITH A DEBT FINANCING.ORATION PROVIDES PRELIMINARY UNAUDITED SELECTED FINANCIAL DATA FOR FULL YEAR FISCAL 2020 IN CONJUNCTION WITH A DEBT FINANCING.PRELIM FISCAL 2020 REVENUE FROM CONTINUING OPERATIONS ON A REPORTED BASIS OF APPROXIMATELY $11.3 BILLION TO $11.4 BILLION.PRELIM FISCAL 2020 OPERATING INCOME FROM CONTINUING OPERATIONS ON A REPORTED BASIS OF APPROXIMATELY $1.0 BILLION TO $1.1 BILLION.ON AN ADJUSTED BASIS, COMPANY EXPECTS OPERATING INCOME FROM CONTINUING OPERATIONS OF APPROXIMATELY $1.4 BILLION TO $1.5 BILLION FOR FISCAL 2020.VF - INTENDS TO PROCEED WITH DIVESTITURE OF OCCUPATIONAL WORKWEAR BUSINESS AND IS ACTIVELY ENGAGED WITH PROSPECTIVE BUYERS.TOTAL ESTIMATED IMPAIRMENT CHARGES WERE APPROXIMATELY $331 MILLION IN FISCAL 2020.FY2020 REVENUE VIEW $11.53 BILLION -- REFINITIV IBES DATA.

Vf Corp On April 6, Initiated Transaction To Incur Indebtedness Under Its Five-Year Revolving Credit Agreement

April 7 (Reuters) - VF Corp <VFC.N>::VF CORP - ON APRIL 6, INITIATED TRANSACTION TO INCUR INDEBTEDNESS UNDER ITS FIVE-YEAR REVOLVING CREDIT AGREEMENT.VF CORP - BOARD APPROVED A TEMPORARY FIFTY PERCENT REDUCTION IN BASE SALARY FOR STEVEN E. RENDLE.VF CORP - COMPENSATION REDUCTIONS WILL BE REASSESSED IN FOUR MONTHS AND MODIFIED AS NECESSARY.VF CORP - BASE SALARIES FOR VF'S EXECUTIVE LEADERSHIP TEAM WILL BE TEMPORARILY REDUCED BY 25 PERCENT.VF CORP - BOARD OF DIRECTORS WILL FORGO THEIR CASH RETAINER FOR NEXT FOUR MONTHS.VF CORP - ALL VF OFFICES AND RETAIL LOCATIONS ACROSS NORTH AMERICA REMAIN CLOSED UNTIL MAY 3.VF CORP - RETAIL EMPLOYEES WILL CONTINUE RECEIVING FULL PAY AND BENEFITS DURING THIS TIME.VF CORP - ALL VF OFFICES ACROSS EMEA REGION REMAIN CLOSED UNTIL MAY 3 WITH EMPLOYEES WORKING REMOTELY.VF - INITIATED TRANSACTION TO INCUR INDEBTEDNESS UNDER ITS FIVE-YEAR REVOLVING CREDIT AGREEMENT OF $1 BILLION, WHICH IS EXPECTED TO BE COMPLETED ON APRIL 9.VF CORP - RETAIL STORES IN REGION WILL REMAIN CLOSED UNTIL FURTHER NOTICE IN EMEA REGION.VF CORP - ACROSS EMEA COUNTRIES, KEEPING SALARIES AT OR ABOVE 95% OF NORMAL PAY FOR OFFICE-BASED, WHOLESALE AND DISTRIBUTION CENTER ASSOCIATES.VF CORP - ACROSS EMEA COUNTRIES, RETAIL EMPLOYEES WILL STILL RECEIVE FULL PAY DURING THIS TIME.VF CORP - ALL EMPLOYEES IN APAC REGION CONTINUE TO RECEIVE FULL PAY AND BENEFITS.VF CORP - INTENDS TO PROCEED WITH DIVESTITURE OF ITS OCCUPATIONAL WORKWEAR BUSINESS AS ANNOUNCED ON JANUARY 21.

Vf Corp - Elected To Draw Down $1 Bln From Its Revolving Credit Facility

March 23 (Reuters) - VF Corp <VFC.N>::VF CORP - ELECTED TO DRAW DOWN $1 BILLION FROM ITS REVOLVING CREDIT FACILITY.VF CORP - EXPECTS TO HAVE APPROXIMATELY $1.5 BILLION OF CASH ON HAND AND APPROXIMATELY $1 BILLION REMAINING UNDER REVOLVING CREDIT FACILITY.VF CORP - ALSO RETAINS ACCESS TO A COMMERCIAL PAPER PROGRAM WHICH ALLOWS FOR BORROWINGS UP TO $2.25 BILLION FOR SHORT-TERM.VF CORP - WITHDRAWING ITS ADJUSTED FISCAL 2020 OUTLOOK PROVIDED ON JANUARY 23, 2020.

Vf Corporation Provides Update On Global Business Impact Of Covid-19

March 16 (Reuters) - VF Corp <VFC.N>::VF CORPORATION PROVIDES UPDATE ON GLOBAL BUSINESS IMPACT OF COVID-19.VF CORP - ANNOUNCED TEMPORARY CLOSURE OF ALL OWNED RETAIL STORES ACROSS NORTH AMERICA, EFFECTIVE MARCH 16 THROUGH APRIL 5.VF CORP - ALL RETAIL EMPLOYEES AT THESE LOCATIONS WILL CONTINUE TO RECEIVE FULL PAY AND BENEFITS DURING TEMPORARY CLOSURE PERIOD.VF CORP - CLOSED ITS CORPORATE AND BRAND OFFICES IN NORTH AMERICA UNTIL APRIL 5 AND IS ENABLING ALL OFFICE EMPLOYEES TO WORK REMOTELY.VF CORP - TEMPORARY CLOSURE OF BOTH OFFICES AND RETAIL LOCATIONS MAY BE EXTENDED DEPENDING ON OVERALL STATE OF COVID-19 SITUATION.VF CORP - WILL PROVIDE AN UPDATE AS TO OPERATIONAL AND FINANCIAL IMPACTS OF CORONAVIRUS DURING CO'S Q4 FISCAL 2020 CONFERENCE CALL IN MAY 2020.VF CORP - VF'S SUPPLY CHAIN OPERATIONS HAVE EXPERIENCED LIMITED DISRUPTION TO DATE AS A RESULT OF COVID-19 SITUATION.VF CORP - ACTIONS IN NORTH AMERICA ARE CONSISTENT WITH SIMILAR OPERATIONAL DECISIONS MADE IN ITS EMEA AND ASIA PACIFIC REGIONS.VF CORP - VF'S OFFICES AND RETAIL LOCATIONS IN SOUTH KOREA, JAPAN, HONG KONG AND TAIWAN REMAIN OPEN, BUT OFFICE EMPLOYEES ARE WORKING REMOTELY.VF CORP - IN MAINLAND EUROPE, VF HAS CLOSED ALL OFFICES AND RETAIL STORE LOCATIONS UNTIL FURTHER NOTICE.VF CORP - LOCATIONS IN UNITED KINGDOM ARE CURRENTLY OPERATING ON REDUCED HOURS..VF CORP - CURRENTLY, CO'S OFFICES IN GREATER CHINA ARE OPEN AND ABOUT 90 PERCENT OF RETAIL STORE LOCATIONS ARE NOW OPEN FOR BUSINESS.

VF Corp Executive Says Expect Full-Year Revenue To Decline Between 1% And 2% At Timberland

Jan 23 (Reuters) - VF Corp <VFC.N>::VF CORP EXEC - Q3 REVENUE PERFORMANCE WAS SLIGHTLY BELOW OUR EXPECTATIONS DUE PRIMARILY TO PERFORMANCE AT TIMBERLAND - CONF CALL.VF CORP EXEC - EXPECT REVENUE AT VANS TO INCREASE ABOUT 15% FOR THE FULL YEAR.VF CORP EXEC - RESULTS AT TIMBERLAND WERE DISAPPOINTING THIS HOLIDAY SEASON, AS REVENUE DECREASED 4% IN THE QUARTER.VF CORP EXEC ON TIMBERLAND - EXPECT FULL-YEAR REVENUE TO DECLINE BETWEEN 1% AND 2%.VF CORP EXEC ON DICKIES BRAND - EXPECT ANOTHER QUARTER OF DOUBLE-DIGIT GROWTH.VF CORP EXEC - IN EUROPE, INTERNATIONAL TRADE AND THE BREXIT UNCERTAINTY HAVE IMPACTED BUSINESS CONFIDENCE AND INVESTMENT.VF CORP EXEC - CO'S BRANDS CONTINUE TO PERFORM VERY WELL IN CHINA, DESPITE CONTINUED UNREST IN HONG KONG.VF CORP EXEC - RECENT PHASE 1 TRADE DEAL BETWEEN CHINA AND THE U.S. SHOULD YIELD A MORE CONSTRUCTIVE CONSUMER AND RETAIL ENVIRONMENT.VF CORP EXEC ON Q3 PERFORMANCE - SAW A DROP IN TRAFFIC IN CO'S RETAIL; SAW A REDUCTION IN GROWTH WITHIN CO'S BRICK-AND-MORTAR.VF CORP EXEC ON Q3 - SAW WEAKNESS IN THE NORTH FACE AND TIMBERLAND ON E-COMMERCE SIDE.VF CORP EXEC - M&A REMAINS NO. 1 PRIORITY FOR CAPITAL ALLOCATION.

VF Reports Q3 Earnings Per Share $1.13 From Continuing Operations

Jan 23 (Reuters) - VF Corp <VFC.N>::VF REPORTS THIRD QUARTER FISCAL 2020 RESULTS AND ADJUSTS FULL YEAR FISCAL 2020 OUTLOOK.Q3 ADJUSTED EARNINGS PER SHARE $1.23 FROM CONTINUING OPERATIONS.Q3 EARNINGS PER SHARE $1.13 FROM CONTINUING OPERATIONS.Q3 EARNINGS PER SHARE ESTIMATE $1.21 -- REFINITIV IBES DATA.SEES FY 2020 ADJUSTED EARNINGS PER SHARE ABOUT $3.30 FROM CONTINUING OPERATIONS EXCLUDING ITEMS.SEES FY 2020 REVENUE UP ABOUT 6 PERCENT.SEES FY 2020 REVENUE ABOUT $11.75 BILLION.Q3 ADJUSTED EARNINGS PER SHARE $1.23.Q3 EARNINGS PER SHARE $1.13.FY2020 EARNINGS PER SHARE VIEW $3.37, REVENUE VIEW $11.85 BILLION -- REFINITIV IBES DATA.QTRLY ADJUSTED EARNINGS PER SHARE FROM CONTINUING OPERATIONS INCREASED 14 PERCENT TO $1.23.INVENTORIES WERE UP 12 % COMPARED WITH SAME PERIOD LAST YEAR AT QUARTER-END.2020 ADJUSTED GROSS MARGIN IS STILL EXPECTED TO BE 54.1 PERCENT.2020 ADJUSTED CASH FLOW FROM OPERATIONS IS NOW EXPECTED TO APPROXIMATE $1.3 BILLION.2020 INTERNATIONAL REVENUE IS NOW EXPECTED TO INCREASE APPROXIMATELY 6 PERCENT.

VF Corp Announces Q3 Earnings And Conference Call Date

Jan 7 (Reuters) - VF Corp <VFC.N>::VF CORPORATION ANNOUNCES THIRD QUARTER FISCAL 2020 EARNINGS AND CONFERENCE CALL DATE.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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