Not all companies entered 2024 riding high. Normalization from the 2021 post-COVID boom has still been a common stay for many companies in the computer and technology and consumer discretionary sectors.
VF Corporation (VFC) shares skyrocketed in early trading Tuesday after the struggling apparel maker posted better-than-expected results and gave a strong outlook, raising confidence in the company's turnaround plan.
VF Corp (NYSE:VFC, ETR:VFP) shares soared over 27% on Tuesday morning after the apparel company unveiled a return to profit in its second quarter. Earnings per share sat at $0.52 against a $1.16 loss in the second quarter of last year, the North Face and Vans owner revealed in results on Monday evening.
V.F. Corporation released its Q2 FY2025 results yesterday after the bell, which sparked a massive relief rally. VFC stock is up over 20% in after-hours trading. Adjusted EPS and revenue came in above consensus, but the real reasons for the market's improved sentiment lie elsewhere - in the sequential improvement at Vans and Timberland. There were a few other bright spots in VFC's latest results...
V.F. Corporation (NYSE:VFC ) Q2 2025 Earnings Conference Call October 28, 2024 4:30 PM ET Company Participants Allegra Perry - Vice President of Investor Relations Bracken Darrell - President & Chief Executive Officer Paul Vogel - Executive Vice President & Chief Financial Officer Conference Call Participants Adrienne Yih - Barclays Laurent Vasilescu - BNP Paribas Simeon Siegel - BMO Capital Ma...
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