VF Reports First Quarter Fiscal 2021 Results
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VF Corp. (VFC) PT Raised to $58 at Piper Sandler
July 31, 2020 11:42 AM EDTPiper Sandler analyst Erinn Murphy raised the price target on VF Corp. (NYSE: VFC) to $58.00 (from $54.00) while maintaining a Neutral rating.
... MoreV.F. Corp. (VFC) Tops Q1 EPS by 10c, Revenues Beat
July 31, 2020 7:01 AM EDTV.F. Corp. (NYSE: VFC) reported Q1 EPS of ($0.57), $0.10 better than the analyst estimate of ($0.67). Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $981.63 million.
Revenue from continuing operations decreased 48 percent (down 47 percent in constant dollars) to $1.1 billion;Active segment revenue decreased 54 percent (down 53 percent in constant dollars) including a 52 percent (51 percent in constant dollars) decrease in Vans® brand revenue; Outdoor segment revenue decreased 44 percent (down 43 percent in constant dollars) including a 45 percent (44 percent in constant dollars) decrease in The North Face® brand revenue; Work segment revenue decreased 19... More