(VFC) Alert: Johnson Fistel Continues its Investigation of V.F. Corporation; Investors Suffering Losses Encouraged to Contact Firm
V.F. Corporation (VFC)
Last v.f. corporation earnings: 1/23 06:55 am
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US:NYSE Investor Relations:
ir.vfc.com
Company Research
Source: GlobeNewswire
SAN DIEGO, March 21, 2020 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of the federal securities laws by V.F. Corporation (“V.F.”) (NYSE: VFC). On January 23, 2020, V.F. announced third-quarter fiscal 2020 results. V.F. reported net revenue of $3.38 billion for the three months ended December 28, 2019, but fell short of the average analyst estimate of $3.43 billion. Additionally, the Company estimated annual revenue of $11.75 billion, compared with its prior forecast of $11.8 billion. It projected adjusted profit per share to be about $3.30, lower than its previous range of $3.32 to $3.37. On a conference call that same day, CFO Scott Roe, disclosed that the Company intended to sell “the Occupational Work Brands.” Roe stated, “From a financial standpoint the occupational work brands contributed about $865 million of revenue and $130 million of adjusted operating income in fiscal 2019.” Following this news, the price of
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VFC
News
- VF Corporation Announces Fourth Quarter Fiscal 2024 Earnings and Conference Call DateBusiness Wire
- Cascale Taps Under Armour Vet as New CEO [Yahoo! Finance]Yahoo! Finance
- Steve Madden CEO Is Open to Future Acquisitions After Almost Famous Deal [Yahoo! Finance]Yahoo! Finance
- V. F. Corporation: Weaker Performance But Some Restructuring Effect Shows Up [Seeking Alpha]Seeking Alpha
- V.F. Co. (NYSE: VFC) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $14.00 to $12.50. They now have a "neutral" rating on the stock.MarketBeat
VFC
Earnings
- 2/6/24 - Miss
VFC
Sec Filings
- 4/26/24 - Form 8-K
- 4/1/24 - Form 4
- 4/1/24 - Form 4
- VFC's page on the SEC website