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VF Corp (VFC)

VFC on New York Consolidated

92.24USD
21 Sep 2018
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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

PRESS DIGEST- New York Times business news - Aug 14

Aug 14 The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.