50% off Premium Yearly
VF Corporation VFCDON'T BUYJun 10, 2024Stock price when the opinion was issued
As of Jun 12, 2026. Market Open.
They reported a kitchen-sink quarter today where managers throw in everything bearish to get ahead of things. The new CEO has a fine track record and this was his first quarter at VFC: in-line sales, slightly weaker than expected earnings, slashed its free-cash guidance and cut dividend. He's pulling for them.
It left in April, shares kept falling, not helped by reporting a bad quarter on May 22. It fell to a 52-week bottom, but has since recovered slightly.