Edition:
India

VF Corp (VFC.N)

VFC.N on New York Stock Exchange

92.94USD
20 Jul 2018
Change (% chg)

$3.70 (+4.15%)
Prev Close
$89.24
Open
$92.00
Day's High
$93.51
Day's Low
$91.21
Volume
749,136
Avg. Vol
550,898
52-wk High
$93.51
52-wk Low
$56.66

Latest Key Developments (Source: Significant Developments)

VF Corp announces definitive agreement to acquire Icebreaker
Friday, 3 Nov 2017 

Nov 2 (Reuters) - VF Corp :VF Corp announces definitive agreement to acquire Icebreaker®, a New Zealand-based outdoor and sport apparel brand.VF Corp - ‍terms of agreement were not disclosed.​.VF Corp - addition of Icebreaker brand to VF's portfolio is expected to be immediately accretive to earnings per share​.  Full Article

VF reports Q3 earnings per share $0.97
Monday, 23 Oct 2017 

Oct 23 (Reuters) - VF Corp :VF reports third quarter 2017 results; raises outlook and dividend for 2017.Sees FY 2017 adjusted earnings per share $3.01 from continuing operations.Sees FY 2017 earnings per share $2.73.Sees FY 2017 revenue up about 6 percent.Q3 revenue $3.5 billion versus I/B/E/S view $3.39 billion.Q3 adjusted earnings per share $1.23.Q3 earnings per share $0.97.Q3 earnings per share view $1.12 -- Thomson Reuters I/B/E/S.VF Corp - Sees 2017 ‍gross margin is now expected to approximate 50.0 percent, versus previous expectation of 49.5 percent​.VF Corp - ‍Quarterly dividend rate increased by 10 percent to $0.46 per share​.Vf corp - qtrly ‍inventories were up 1 percent compared with same period of 2016​.VF Corp - 2017 ‍operating margin on a reported basis is expected to be 12.3 percent; 2017 adjusted operating margin is expected to approximate 13.4 percent​.FY2017 earnings per share view $2.98, revenue view $11.88 billion -- Thomson Reuters I/B/E/S.VF - 2017 adjusted EPS outlook includes additional $0.05/share impact from additional investments to drive accelerated growth into 2018 and beyond​.  Full Article

VF Corp recommends shareholders reject "mini-tender" offer by TRC Capital
Saturday, 6 Aug 2016 

VF Corp : VF Corporation recommends shareholders reject "mini-tender" offer by trc capital corporation . Received notice of an unsolicited "mini-tender" offer by TRC Capital to purchase up to 2 million shares of VF common stock .Offer by TRC Capital to purchase up to 2 million shares of VF common stock at a price of $59.75 per share in cash..  Full Article

UPDATE 2-VF Corp raises full-year forecast, propelled by soaring Vans sales

July 20 Vans shoe maker VF Corp raised its full year revenue and earnings forecast on Friday after soaring demand for its skateboarding-culture inspired sneakers helped the company beat quarterly Wall Street estimates.