VF Corp (NYSE:VFC, ETR:VFP) shares soared over 27% on Tuesday morning after the apparel company unveiled a return to profit in its second quarter. Earnings per share sat at $0.52 against a $1.16 loss in the second quarter of last year, the North Face and Vans owner revealed in results on Monday evening.
V.F. Corporation VFC reported better-than-expected second-quarter financial results on Monday.
V.F. Corporation released its Q2 FY2025 results yesterday after the bell, which sparked a massive relief rally. VFC stock is up over 20% in after-hours trading. Adjusted EPS and revenue came in above consensus, but the real reasons for the market's improved sentiment lie elsewhere - in the sequential improvement at Vans and Timberland. There were a few other bright spots in VFC's latest results, but I'm keeping the champagne bottle closed for now - also considering Moody's recent credit rating downgrade to junk.
V.F. Corporation (NYSE:VFC ) Q2 2025 Earnings Conference Call October 28, 2024 4:30 PM ET Company Participants Allegra Perry - Vice President of Investor Relations Bracken Darrell - President & Chief Executive Officer Paul Vogel - Executive Vice President & Chief Financial Officer Conference Call Participants Adrienne Yih - Barclays Laurent Vasilescu - BNP Paribas Simeon Siegel - BMO Capital Markets Michael Binetti - Evercore ISI Brooke Roach - Goldman Sachs Lorraine Hutchinson - Bank of America Matthew Boss - JPMorgan Jay Sole - UBS Paul Lejuez - Citi Ike Boruchow - Wells Fargo Jonathan Komp - Baird Jim Duffy - Stifel Bob Drbul - Guggenheim Dana Telsey - Telsey Advisory Group Ethan Siavosh Saghi - BTIG John Kernan - TD Cowen Operator Ladies and gentlemen, thank you for standing by. My name is Abby and I will be your conference operator today.
Although the revenue and EPS for V.F. (VFC) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Shares of VF Corp. rocketed higher after hours on Monday after the parent company of Vans and the North Face reported second-quarter results that beat expectations, as it looks to tighten up operations and get out from under billions in debt following losses and weaker sneaker demand.
F5 Inc. (FFIV) pops after announcing a $1B share buyback program and posting a 19% increase in software revenue. VFC Corp. (VFC) also saw an earnings boost.
Vans parent VF Corp turned a profit after two consecutive quarterly losses and beat second-quarter sales estimates on Monday, benefiting from sequential improvement in its direct-to-consumer business and leaner inventory, sending its shares up about 16% after the bell.
VFC's second-quarter fiscal 2025 results are likely to reflect the impacts of a tough operating environment and dismal wholesale performance.
A negative analyst note weighed on the stock.
Get a deeper insight into the potential performance of V.F. (VFC) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Shares of Vans and The North Face owner VF Corporation (VFC) slumped Monday as JPMorgan put the apparel giant on its “Negative Catalyst Watch” list and warned about its financial outlook.