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0.000270051309748799 -0.000275452335943763 0.00243046178773976 0.00297056440723736 -0.00297056440723736 -0.00594112881447472 -0.0124223602484472 -0.00648123143397251
Stock impact report

Vans parent VF Corp's tariff warning dims upbeat quarterly sales forecast [Yahoo! Finance]

V.F. Corporation (VFC) 
Last v.f. corporation earnings: 1/23 06:55 am Check Earnings Report
US:NYSE Investor Relations: ir.vfc.com
Company Research Source: Yahoo! Finance
Wednesday, but shares dropped 7% ?after executives said tariffs were "just starting to hit" its business. The Vans ?parent, which sources about 85% of its products for sale in the U.S. through Southeast Asia ?and Central and South America, has taken several steps to mitigate the impact of tariffs, including ramping up production and shipments, working with suppliers to lower costs and taking selective price hikes. But those measures will not be enough to offset ?the roughly $100 million profit hit ?the company expects in fiscal 2026. "Tariffs are just starting to hit us. We've talked about our ability to mitigate those ?tariffs within fiscal 2027 and nothing's changed on that at all," CEO Bracken Darrell said on an earnings call. The cautious commentary eclipsed a robust holiday-quarter performance, supported by fresh ?collections that drove an 8% growth at both The North Face and ?Timberland brands across the Americas as well as Europe and Asia regions. The company has been Show less Read more
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