V.F. Corporation’s Stock Price Plummets to $12.11, Marking a 7.77% Decline: What’s Next for VFC?

V.F. Corporation (VFC)

12.11 USD -1.02 (-7.77%) Volume: 15.91M

V.F. Corporation’s stock price is currently trading at 12.11 USD, experiencing a drop of 7.77% in this trading session with a trading volume of 15.91M. The VFC stock has seen a significant downturn with a Year-to-Date (YTD) percentage change of -35.59%, reflecting the volatile market conditions.

Latest developments on V.F. Corporation

V.F. Corp’s (NYSE:VFC) stock price has been on a rocky road to recovery, with a dimming outlook due to concerns over excess inventory. The company’s Q4 earnings were a highlight against the backdrop of the broader Apparel, Accessories, and Luxury Goods Stocks. However, a new 1-year low at $12.55 and a “Neutral” rating from BNP Paribas have dampened the mood. Despite this, DekaBank Deutsche Girozentrale maintains a $5.60 million stock position in V.F. Corp, and Prime Capital Investment Advisors LLC boosted its holdings in the company, signalling a possible turnaround.

V.F. Corporation on Smartkarma

Analyst coverage of Vf Corp on Smartkarma by Baptista Research highlights challenges in wholesale performance despite D2C channel strength. V.F. Corporation’s Third Quarter Fiscal 2024 results were disappointing due to warm weather affecting sales of North Face and Timberland brands, operational challenges, and an ongoing cyber incident. The company is taking aggressive steps to improve performance, including introducing transformation efforts across the company to prevent similar results in the future.

Another report by Baptista Research on Smartkarma discusses VF Corporation’s ‘Reinvent’ Plan and its impact on the fashion industry. The company delivered mixed results for the previous quarter, with revenues above analyst consensus. Challenges were faced in the second quarter, with declines in Vans and the Americas business outweighing positive performances in The North Face and international markets. Vans, in particular, experienced a disappointing quarter with a 23% revenue decline attributed to slow sell-through rates and challenged traffic.

A look at V.F. Corporation Smart Scores

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, an international apparel company, is poised for a positive long-term outlook based on its Smartkarma Smart Scores. With high scores in Dividend and Value, the company demonstrates strong financial stability and potential for growth. However, lower scores in Growth, Resilience, and Momentum indicate areas for improvement to ensure sustained success in the competitive market.

VF Corp’s diverse portfolio of brands in various apparel categories positions it well in the industry. While the company excels in providing dividends and offers good value to investors, there is room for enhancing growth, resilience, and momentum to further solidify its position in the market. By strategically focusing on these areas, VF Corp can strengthen its overall performance and secure a more robust long-term outlook.

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