Previous close | 25.63 |
Open | 25.63 |
Bid | 26.05 |
Ask | 28.30 |
Strike | 40.00 |
Expiry date | 2025-01-17 |
Day's range | 25.63 - 25.63 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Telsey Advisory Group's Dana Telsey has downgraded VF Corporation (VFC) to Market Perform from Outperform. Telsey calls the company's first quarter results a "sizable" miss, with revenue, gross margins, and operating expenses falling short of consensus. Josh Lipton and Julie Hyman discuss VF Corporation's strategic portfolio review and the brands weighing on the company's performance. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This article was written by Gabriel Roy
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VF Corp stock was falling Thursday after reporting disappointing fiscal fourth-quarter results. Analysts said the apparel company will need to start selling assets to pay off upcoming debt maturities. The company reported late Wednesday an adjusted loss of 32 cents a share for the fiscal fourth quarter on revenue of $2.37 billion.