Welcome to our dedicated page for V.F. Corporation news (Ticker: VFC), a resource for investors and traders seeking the latest updates and insights on V.F. Corporation stock.
V.F. Corporation (NYSE: VFC) is a global leader in the apparel, footwear, and accessories industry, outfitting consumers worldwide with its diverse portfolio of iconic lifestyle brands. Founded in 1899, VF Corporation has grown to become one of the largest companies in its sector, renowned for its socially and environmentally responsible operations.
VF's brand portfolio includes well-known names such as Vans®, The North Face®, Timberland®, Wrangler®, and Lee®. These brands cater to a variety of consumer needs, from active and outdoor apparel to workwear. VF Corporation designs, produces, and distributes these brands across the Americas, Europe, and the Asia-Pacific region through multiple channels, including wholesale sales to retailers, e-commerce platforms, and a network of branded stores owned by both the company and partners.
Recent achievements highlight VF's innovative spirit and commitment to excellence. For instance, Vans global skateboarder Arisa Trew made history in 2023 by becoming the first woman to land a 720 on a skateboard and later, a Switch 540. She clinched the Women's Skateboard Vert gold at X Games California 2023 and subsequently became the youngest X Games double gold medalist at 13. Her relentless pursuit of progression in skateboarding continues to inspire future generations.
VF Corporation is committed to delivering long-term value to its customers and shareholders. This commitment is reflected in its ongoing projects and partnerships, aimed at enhancing product innovation and sustainability. The company’s robust financial condition further supports its goals of growth and expansion.
For the latest updates and detailed information about VF Corporation, visit their official website at www.vfc.com.
VF Corporation (NYSE: VFC) has appointed Allegra Perry as Vice President of Investor Relations, effective January 2022. Reporting to CFO Matt Puckett, Perry will lead the company's Investor Relations program and collaborate with the Executive Leadership Team to define strategic goals and enhance financial communication. With nearly 25 years of experience in retail and investment banking, Perry's extensive background includes senior roles in firms like Mulberry and The Watches of Switzerland Group. Her expertise is expected to bolster the company's growth narrative and stakeholder engagement.
VF Corporation (NYSE: VFC) reported a 23% revenue increase to $3.2 billion for Q2 FY2022, driven by strong demand across its segments, particularly Outdoor which surged 31%. The company achieved a gross margin rise of 290 basis points to 53.7%. Adjusted EPS increased 66% to $1.11. For FY2022, revenue guidance is set at approximately $12.0 billion, reflecting a 30% growth, with significant contributions from its Supreme brand. A quarterly dividend of $0.50 per share is declared, payable on December 20, 2021. Overall, VF demonstrates resilience despite ongoing pandemic challenges.
Costa Mesa, Calif., October 19, 2021 – Vans is set to host the Vans Checkerboard Day on November 18, 2021, focusing on community revitalization through creativity. In partnership with DoSomething.org, Vans will contribute $1 million USD to support 16 charities globally, each receiving $50,000 USD. This initiative aims to uplift public spaces and engage young people in community action, reflecting art's positive impact on communities. Over $2 million has been raised since the program's inception in 2019.
VF Corporation (NYSE: VFC) is set to unveil its second quarter fiscal 2022 financial results on October 22, 2021, at 6:55 a.m. ET. Following this, management will hold a conference call at 8:30 a.m. ET to discuss the outcomes. Investors can access the live broadcast via ir.vfc.com. VF Corporation, founded in 1899, is a leading global apparel and footwear company, renowned for brands like Vans, The North Face, and Timberland. The company is committed to promoting sustainable lifestyles while delivering value to stakeholders.
VF Corporation (NYSE: VFC) has announced the immediate resignation of Veronica Wu from its Board of Directors. Her departure, which is not linked to any disagreements regarding the company's operations or policies, will reduce the board size from 12 to 11 members until a new director is appointed. Wu joined the board in March 2019. VF Corporation, founded in 1899, is a leading global apparel and footwear company known for brands like Vans®, The North Face®, Timberland®, and Dickies®, promoting sustainable lifestyles.
Roblox (NYSE: RBLX) and Vans have partnered to launch Vans World, an interactive skateboarding experience within the Roblox metaverse. This unique platform allows users to customize Vans skate shoes and interact with friends while practicing skateboarding tricks. The experience features four customizable shoe silhouettes and aims to blend real-world fashion with virtual engagement, showcasing Vans' commitment to creative expression. This marks Vans' first significant venture into the metaverse, emphasizing the brand's connection to youth culture and skateboarding.
VF Corporation (NYSE: VFC) reported a strong first quarter for fiscal 2022, achieving a 104% increase in revenue to $2.2 billion, primarily driven by its largest brands. Adjusted earnings per share rose 148% to $0.27, reflecting positive contributions from acquisitions. The company updated its full-year revenue outlook to at least $12.0 billion, marking growth of at least 30%. VF declared a quarterly dividend of $0.49 per share, payable on September 20, highlighting its commitment to returning value to shareholders amidst ongoing challenges from COVID-19.
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