V.F. (VFC) Stock Sinks As Market Gains: What You Should Know

V.F. (VFC) Stock Sinks As Market Gains: What You Should Know
This story originally appeared on Zacks

V.F. (VFC) closed the most recent trading day at $69.47, moving -0.64% from the previous trading session. This move lagged the S&P 500’s daily gain of 1.02%. Elsewhere, the Dow gained 0.74%, while the tech-heavy Nasdaq lost 0.38%.

V.F. (VFC) Stock Sinks As Market Gains: What You Should Know – Zacks

Heading into today, shares of the maker of brands such as Vans, North Face and Timberland had lost 8.31% over the past month, lagging the Consumer Discretionary sector’s loss of 6.46% and the S&P 500’s loss of 0.91% in that time.

Investors will be hoping for strength from V.F. as it approaches its next earnings release. In that report, analysts expect V.F. to post earnings of $1.21 per share. This would mark year-over-year growth of 30.11%. Our most recent consensus estimate is calling for quarterly revenue of $3.62 billion, up 21.81% from the year-ago period.

For the…

Continue reading

Leave a Reply

Your email address will not be published. Required fields are marked *