What is the stock price of VF Corp?

VF Corp. stock is unchanged in premarket trading, and down 25.4% over the last year. The S&P 500 index is down 4% for the period. Sales of the iconic boot brand fell 4% in the holiday quarter, and executives said it will take more time to turn around its performance. Shares of owner VF tumbled.

What was the stock price of VFC on May 21?

Shares of the retailer plunged 9% to close at $77.24 on May 21. Revenue for the quarter came in at $2.58 billion, up 23% from the year-ago period (up 16% excluding acquisitions), and surpassed the Street’s estimates of $2.5 billion.

What kind of credit facility does VF Corp have?

VF Corp. has drawn down the remaining $1 billion from its revolving credit facility and has $2.4 billion on hand. The company has paused its share repurchase program though it hasn’t suspended its dividend program at this time. And the company will proceed with the previously-announced divestiture of its occupational workwear business.

Why is v.f.corporation a good stock?

The company has many ways to grow its brands even as Vans sales slow. The S&P 500 and the Dow Jones Industrial Average rose on Friday, extending a recovery from the previous session, while inflation concerns still loom for growth stocks at the end of a volatile week of trading.

What is the stock price of VF Corporation?

Where fashion stands now after quarterly updates from Walmart, Target, Macy’s, VF, Ralph Lauren and Kohl’s. V.F. Corporation (VFC) reported Q4 adjusted earnings of $0.27 per share ($0.06 contributed from acquisitions), up 169% from the prior-year period, but shy of the Street’s estimates of $0.29 per share.

What kind of stores does VF Corp own?

The Company owns a broad portfolio of brands in the jeanswear, outerwear, packs, footwear, sportswear, and occupational apparel categories. VF products are marketed to consumers shopping in specialty stores, upscale, traditional department stores, national chains, and mass merchants.