Vans-parent VF Corp swings to profit, beats Q2 sales estimates; shares up 16%

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Go back to Vans-parent VF Corp swings to profit, beats Q2 sales estimates; shares up 16%

VF Corp. (VFC) PT Raised to $17 at JPMorgan

October 29, 2024 6:22 AM EDT

JPMorgan analyst Matthew Boss raised the price target on VF Corp. (NYSE: VFC) to $17.00 (from $16.00) while maintaining a Neutral rating.

The analyst comments "Looking ahead to 3Q25 management guided reported revenue down 1%-3% Y/Y inclusive of a 100bps FX headwind (below Street revenues +0.4%), and operating income in the range of $170-200M, equating to 3Q25 EPS of ~$0.30 (or ~40% below the Street at... More

VF Corp. (VFC) PT Raised to $21 at Jefferies

October 29, 2024 6:08 AM EDT

Jefferies analyst Ashley Helgans raised the price target on VF Corp. (NYSE: VFC) to $21.00 (from $20.00) while maintaining a Hold rating.

The analyst comments "Q2's strong beat came as a surprise given mgmt commentary, Q1 trends, and mixed alt data. Co.... More

VF Corp. (VFC) PT Raised to $22 at Evercore ISI

October 29, 2024 6:06 AM EDT

Evercore ISI analyst Michael Binetti raised the price target on VF Corp. (NYSE: VFC) to $22.00 (from $16.00) while maintaining a In Line rating.

The analyst comments " F2Q25 EPS $0.60 Topped Street Estimates at $0.38: With a backdrop of growing negative sentiment, were... More