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VF Corp (VFC.N)

VFC.N on New York Stock Exchange

84.38USD
15 Jun 2018
Change (% chg)

$0.35 (+0.42%)
Prev Close
$84.03
Open
$83.30
Day's High
$84.45
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$83.30
Volume
1,624,343
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632,055
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$84.56
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$54.51

Latest Key Developments (Source: Significant Developments)

VF Corp Enters Into Definitive Agreement To Sell The Nautica Brand Business To Authentic Brands Group
Monday, 19 Mar 2018 06:55am EDT 

March 19 (Reuters) - VF Corp ::VF CORPORATION ENTERS INTO DEFINITIVE AGREEMENT TO SELL THE NAUTICA® BRAND BUSINESS TO AUTHENTIC BRANDS GROUP, LLC.VF CORP - ‍TERMS OF AGREEMENT WERE NOT DISCLOSED.​.VF CORP - ‍ENTERED INTO DEAL TO SELL NAUTICA BRAND BUSINESS TO AUTHENTIC BRANDS GROUP LLC​.  Full Article

VF Corp Announces Definitive Agreement To Acquire Altra
Wednesday, 14 Mar 2018 06:55am EDT 

March 14 (Reuters) - Vf Corp ::VF CORPORATION ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE ALTRA®, AN ATHLETIC AND PERFORMANCE-BASED LIFESTYLE FOOTWEAR BRAND, FROM ICON HEALTH & FITNESS.VF CORP - ‍TERMS OF AGREEMENT WERE NOT DISCLOSED.​.VF CORP - ADDITION OF ALTRA BRAND TO VF'S PORTFOLIO IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO EARNINGS PER SHARE.  Full Article

Vf Corp Files For Potential Mixed Shelf Offering; Size Not Disclosed
Wednesday, 28 Feb 2018 02:12pm EST 

Feb 28 (Reuters) - Vf Corp ::VF CORP FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

VF Corp Q4 Loss Per Share $0.18
Friday, 16 Feb 2018 07:16am EST 

Feb 16 (Reuters) - VF Corp ::‍Q4 LOSS PER SHARE WAS $0.18 ON A REPORTED BASIS​.ON ADJUSTED BASIS, QTRLY EARNINGS PER SHARE WAS $1.01​.AT QUARTER END, INVENTORIES WERE UP 20 PERCENT COMPARED TO 2016 LEVEL.SAYS REVENUE EXPECTED TO APPROXIMATE $2.9 BILLION FOR TRANSITION QUARTER ENDING MARCH 31, 2018 - SEC FILING.QTRLY ‍REVENUE INCREASED 20 PERCENT TO $3.6 BILLION (UP 18 PERCENT CURRENCY NEUTRAL)​.Q4 EARNINGS PER SHARE VIEW $1.02, REVENUE VIEW $3.66 BILLION -- THOMSON REUTERS I/B/E/S.ADJUSTED EPS EXPECTED TO APPROXIMATE $0.65 FOR TRANSITION QUARTER ENDING MARCH 31, 2018.Q1 EARNINGS PER SHARE VIEW $0.63, REVENUE VIEW $2.95 BILLION -- THOMSON REUTERS I/B/E/S.‍FULL YEAR 2017 REPORTED EPS FROM CONTINUING OPERATIONS WAS $1.79, INCLUDING $1.15 PER SHARE NEGATIVE IMPACT FROM U.S. TAX LEGISLATION​.  Full Article

VF Corp Says Will Open A New Distribution Center In Jonestown
Thursday, 18 Jan 2018 09:45am EST 

Jan 18 (Reuters) - Vf Corp ::VF CORP - WILL OPEN A NEW DISTRIBUTION CENTER IN JONESTOWN, PA., IN EARLY 2019.VF CORP - WILL INVEST UP TO $52 MILLION IN PROJECT.  Full Article

VF Corp announces definitive agreement to acquire Icebreaker
Thursday, 2 Nov 2017 05:00pm EDT 

Nov 2 (Reuters) - VF Corp :VF Corp announces definitive agreement to acquire Icebreaker®, a New Zealand-based outdoor and sport apparel brand.VF Corp - ‍terms of agreement were not disclosed.​.VF Corp - addition of Icebreaker brand to VF's portfolio is expected to be immediately accretive to earnings per share​.  Full Article

VF reports Q3 earnings per share $0.97
Monday, 23 Oct 2017 06:55am EDT 

Oct 23 (Reuters) - VF Corp :VF reports third quarter 2017 results; raises outlook and dividend for 2017.Sees FY 2017 adjusted earnings per share $3.01 from continuing operations.Sees FY 2017 earnings per share $2.73.Sees FY 2017 revenue up about 6 percent.Q3 revenue $3.5 billion versus I/B/E/S view $3.39 billion.Q3 adjusted earnings per share $1.23.Q3 earnings per share $0.97.Q3 earnings per share view $1.12 -- Thomson Reuters I/B/E/S.VF Corp - Sees 2017 ‍gross margin is now expected to approximate 50.0 percent, versus previous expectation of 49.5 percent​.VF Corp - ‍Quarterly dividend rate increased by 10 percent to $0.46 per share​.Vf corp - qtrly ‍inventories were up 1 percent compared with same period of 2016​.VF Corp - 2017 ‍operating margin on a reported basis is expected to be 12.3 percent; 2017 adjusted operating margin is expected to approximate 13.4 percent​.FY2017 earnings per share view $2.98, revenue view $11.88 billion -- Thomson Reuters I/B/E/S.VF - 2017 adjusted EPS outlook includes additional $0.05/share impact from additional investments to drive accelerated growth into 2018 and beyond​.  Full Article

VF Corporation chairman Eric C. Wiseman announces retirement
Monday, 24 Jul 2017 06:55am EDT 

July 24 (Reuters) - Vf Corp :VF Corp - ‍VF's board of directors has elected president, chief executive officer and director Steven E. Rendle, to role of chairman​.  Full Article

VF Corp reports Q2 EPS $0.29 from continuing operations
Monday, 24 Jul 2017 06:55am EDT 

July 24 (Reuters) - Vf Corp :VF reports second quarter 2017 results; raises outlook for 2017.Q2 earnings per share $0.29 from continuing operations.Q2 earnings per share view $0.28 -- Thomson Reuters I/B/E/S.Sees FY 2017 earnings per share $2.94 including items.Q2 revenue $2.4 billion versus I/B/E/S view $2.29 billion.VF Corp qtrly inventories were up 3 percent compared with same period of 2016.‍2017 revenue is now expected to approximate $11.65 billion, up 2 percent on a reported basis​.Expects to return more than $1.8 billion to shareholders in 2017 through share repurchases and dividends, up from prior outlook of $1.6 billion.Updated 2017 EPS outlook includes about a $0.08 per share impact from additional investments to drive accelerated growth into 2018 and beyond​.FY2017 earnings per share view $2.93, revenue view $11.60 billion -- Thomson Reuters I/B/E/S.  Full Article

Lee Jeans names Chris Waldeck as president of Lee and Rock & Republic
Wednesday, 31 May 2017 09:42am EDT 

May 31 (Reuters) - Lee Jeans::Lee® Jeans names Chris Waldeck as president.Waldeck joins Lee and Rock & Republic from Reebok International Ltd.  Full Article

VF shares dive as investors worry jeans still a 'pain point'

NEW YORK VF Corp shares slid as much as 4.5 percent on Friday as Wall Street worried about profit margins for the jeans business, with major customer Walmart Inc turning more toward private labels.