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Last $75.90 USD
Change Today -1.19 / -1.54%
Volume 1.9M
VFC On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

vf corp (VFC) Snapshot

Open
$76.44
Previous Close
$77.09
Day High
$76.81
Day Low
$74.70
52 Week High
02/25/15 - $77.83
52 Week Low
08/4/14 - $59.82
Market Cap
32.3B
Average Volume 10 Days
2.2M
EPS TTM
$3.13
Shares Outstanding
425.0M
EX-Date
09/3/15
P/E TM
24.3x
Dividend
$1.28
Dividend Yield
1.61%
Current Stock Chart for VF CORP (VFC)

vf corp (VFC) Details

V.F. Corporation designs, manufactures, markets, and distributes branded lifestyle apparel, footwear, and accessories in the United States and Europe. The company offers outdoor apparel, footwear and equipment, youth culture/action sports-inspired footwear, handbags, luggage, backpacks, totes, accessories, merino wool socks, women’s activewear, and travel accessories under the The North Face, Vans, Timberland, Kipling, Napapijri, Jansport, Reef, Smartwool, Eastpak, lucy, and Eagle Creek brands. It also provides denim, casual apparel, footwear, and accessories under the Wrangler, Lee, Lee Casuals, Riders by Lee, Rustler, Timber Creek by Wrangler, and Rock & Republic brands. In addition, the company offers occupational, protective occupational, athletic, licensed athletic, and licensed apparel products under the Red Kap, Bulwark, Horace Small, Majestic, MLB, NFL, and Harley-Davidson brands; sportswear apparel, luggage, and accessories under the Nautica brand; and handbags, luggage, backpacks, totes, and accessories under the Kipling brand. Further, it provides premium denim apparel, footwear, and accessories under the 7 For All Mankind, Splendid, and Ella Moss brands. The company sells its products primarily to specialty stores, department stores, national chains, and mass merchants, as well as sells through company operated stores and e-commerce sites. V.F. Corporation was founded in 1899 and is headquartered in Greensboro, North Carolina.

59,000 Employees
Last Reported Date: 03/3/15
Founded in 1899

vf corp (VFC) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.3M
President, Chief Operating Officer and Direct...
Total Annual Compensation: $706.2K
Group President of International and Vice Pre...
Total Annual Compensation: $896.7K
Vice President and Group President of Jeanswe...
Total Annual Compensation: $620.0K
Compensation as of Fiscal Year 2014.

vf corp (VFC) Key Developments

V.F. Corporation Declares Quarterly Dividend, Payable on September 18, 2015

V.F. Corporation announced that the Board of Directors declared a quarterly dividend of $0.32 per share, payable on September 18, 2015, to shareholders of record on September 8, 2015.

V.F. Corporation Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Revises Earnings Guidance for the Full Year 2015; Provides Earnings Guidance for the Third and Fourth Quarter of 2015

V.F. Corporation reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net sales of $2,484,189,000 against $2,373,408,000 for the same period in the last year. Total revenues were $2,513,860,000 against $2,402,076,000 for the same period in the last year. Operating income was $223,027,000 against $219,808,000 for the same period in the last year. Income before income taxes was $202,569,000 against $199,481,000 for the same period in the last year. Net income was $170,811,000 or $0.40 per diluted share against $157,682,000 or $0.36 per diluted share for the same period in the last year. Earnings per share was up 22%, was helped by about $0.02 from an expected lower tax rate. But even so, without the tax benefit on a currency-neutral basis, EPS was up 17%, a very strong result in smallest earnings quarter of the year. For the six months, the company reported net sales of $5,287,491,000 against $5,123,523,000 for the same period in the last year. Total revenues were $5,351,161,000 against $5,182,854,000 for the same period in the last year. Operating income was $620,862,000 against $622,998,000 for the same period in the last year. Income before income taxes was $581,481,000 against $581,273,000 for the same period in the last year. Net income was $459,520,000 or $1.06 per diluted share against $454,875,000 or $1.03 per diluted share for the same period in the last year. Cash used in operating activities was $286,446,000 against cash provided by operating activities of $219,587,000 for the same period in the last year. Capital expenditures were $125,504,000 against $95,844,000 for the same period in the last year. Software purchases were $43,450,000 against $56,042,000 for the same period in the last year. The company revised earnings guidance for the third quarter, fourth quarter and full year 2015. For the Full year, the revenue expectations are unchanged, with an 8% increase on a currency neutral basis (up 3% reported). Revenue for the Outdoor & Action Sports coalition is expected to increase at a low double-digit currency neutral percentage rate (up mid single-digit reported). There is no change to the company’s expectation that currency neutral gross margin should improve by 70 basis points to reach about 49.5% for the full year. Based on expected changes in foreign currency for the balance of the year, reported gross margin is now expected to be closer to 49% compared with the previous expectation of 49.2%. Earnings per share, on a currency neutral basis, is now expected to increase 15% compared to an adjusted EPS of $3.08 in 2014. This is an increase from the previous expectation of 14% per share growth provided on May 1, 2015. Earnings per share, on a reported basis, is now anticipated to increase by 5% to $3.22 compared to adjusted earnings per share of $3.08 in 2014. This is an increase from the previous expectation of 4% per share growth to $3.20 given on May 1, 2015. For the third quarter, the currency neutral and reported revenues are expected to increase at nearly the same rates as those of the second quarter driven by strength from the Outdoor & Action Sports and Jeanswear coalitions, international operations and continued strength in direct-to-consumer businesses. For the fourth quarter, currency neutral revenue should increase at a rate slightly lower than third quarter results due to the tougher comparison against the same period of 2014 which included a 53rd week. The strongest margin and profit comparisons of the year are expected in the fourth quarter, when the direct-to-consumer business makes the most significant contribution of the year, the negative impact of currency lessens and lower product costs are realized.

V.F. Corporation to Report Q2, 2015 Results on Jul 24, 2015

V.F. Corporation announced that they will report Q2, 2015 results at 8:30 AM, US Eastern Standard Time on Jul 24, 2015

 

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VFC:US $75.90 USD -1.19

VFC Competitors

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Company Last Change
Hermes International €352.35 EUR -1.45
Kering €174.85 EUR -0.95
Kimberly-Clark Corp $115.69 USD +0.72
L Brands Inc $82.19 USD +1.47
Luxottica Group SpA €65.75 EUR -0.45
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Industry Analysis

VFC

Industry Average

Valuation VFC Industry Range
Price/Earnings 31.9x
Price/Sales 2.6x
Price/Book 6.6x
Price/Cash Flow 31.1x
TEV/Sales 2.4x
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