VF Reports Second Quarter Fiscal 2019 Results; Raises Dividend and Full Year Fiscal 2019 Outlook
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VF Corp. (VFC) PT Lowered to $88 at RBC Capital
October 23, 2018 7:15 AM EDTRBC Capital analyst Brian Tunick lowered the price target on VF Corp. (NYSE: VFC) to $88.00 (from $105.00) while maintaining an Outperform rating following results.
Tunick notes despite the beat and raise, the stock sold off given surprising Jeanswear miss, a "deceleration" in Vans, and... More
VF Corp. (VFC) PT Lowered to $98 at Credit Suisse
October 22, 2018 8:19 AM EDTCredit Suisse analyst Michael Binetti lowered the price target on VF Corp. (NYSE: VFC) to $98.00 (from $105.00) while maintaining an Outperform rating, but said the valuation reset more-than-compensates for new risks.
Binetti said key negatives to F2Q include: 1) Slowing internat'l trends (+7% ex FX... More
V.F. Corp. (VFC) Tops Q2 EPS by 10c, Revenues Beat; Raises FY19 EPS/Revenue Outlook
October 19, 2018 6:57 AM EDTV.F. Corp. (NYSE: VFC) reported Q2 EPS of $1.43, $0.10 better than the analyst estimate of $1.33. Revenue for the quarter came in at $3.9 billion versus the consensus estimate of $3.87 billion.
Revenue from continuing operations increased 15 percent (up 16 percent in constant dollars) to $3.9 billion; revenue from continuing operations increased 6 percent (up 7 percent in constant dollars) excluding the revenue contribution from acquisitions;Active segment revenue increased 19 percent (up 20 percent in constant dollars) including a 26 percent (27 percent in constant dollars) increase in Vans® brand revenue; Outdoor segment revenue increased 6 percent (up 7 percent in constant dollars)... More