V.F. (NYSE:VFC) Issues Earnings Results, Beats Estimates By $0.16 EPS

V.F. (NYSE:VFC) released its quarterly earnings results on Wednesday. The textile maker reported $0.70 EPS for the quarter, beating the consensus estimate of $0.54 by $0.16, FiscalAI reports. The firm had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $2.66 billion. The firm’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.52 EPS.

Here are the key takeaways from V.F.’s conference call:

• Second-quarter results exceeded expectations: revenue grew 1% versus guidance for flat growth, operating income reached $364 million—about $50 million ahead of guidance—and EPS rose more than 40% to $0.70. Gross margin expanded nearly 300 basis points to 55.4%.
• Management reaffirmed fiscal 2027 guidance, including revenue growth of 2% or better and operating margin of approximately 8%, while raising the expected full-year tax rate outlook to the high-20% range. It also expects approximately $515 million or more of reported free cash flow, including tariff refunds.
• The North Face and Timberland each grew 4% in the quarter, while Altra surged more than 40% across all regions and channels. Management said 75% of the portfolio is now growing, up from 43% in fiscal 2024.
• Vans declined 9.8% in the second quarter, with wholesale still affected by destocking, although global direct-to-consumer sales returned to growth for the first time in nearly five years. Management expects Vans to improve to down 4% or better in the third quarter and down 2% or better in the second half, citing firm wholesale orders and new product launches.
• Inventory increased 7% year over year as VF invested in the back half, and management acknowledged that inventory management will be a key priority from fiscal 2028 onward. Asia-Pacific remained weak, including a roughly 20% Timberland decline, while unmitigated tariffs are expected to total approximately $70 million to $80 million in the second half.

V.F. Trading Down 2.7%

Shares of NYSE:VFC traded down $0.47 on Wednesday, hitting $16.56. The company had a trading volume of 4,214,993 shares, compared to its average volume of 7,575,252. The company has a market cap of $6.51 billion, a PE ratio of 24.01 and a beta of 1.56. The business has a 50 day moving average of $14.47 and a 200 day moving average of $16.98. V.F. has a 52-week low of $12.45 and a 52-week high of $22.27.

Insider Buying and Selling

In other V.F. news, Director Richard Carucci purchased 20,000 shares of the business’s stock in a transaction on Thursday, August 13th. The stock was bought at an average cost of $14.73 per share, for a total transaction of $294,600.00. Following the acquisition, the director owned 356,215 shares of the company’s stock, valued at approximately $5,247,046.95. The trade was a 5.95% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Bracken Darrell purchased 32,894 shares of the firm’s stock in a transaction on Friday, July 31st. The stock was acquired at an average cost of $14.98 per share, for a total transaction of $492,752.12. Following the completion of the purchase, the insider owned 1,402,109 shares in the company, valued at $21,003,592.82. The trade was a 2.40% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 1.54% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

VFC has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of V.F. in a research report on Tuesday, September 1st. Deutsche Bank Aktiengesellschaft assumed coverage on V.F. in a report on Thursday, September 17th. They issued a “hold” rating and a $14.00 price objective on the stock. Robert W. Baird reaffirmed a “neutral” rating and set a $15.00 price objective on shares of V.F. in a report on Monday, September 14th. JPMorgan Chase & Co. upgraded shares of V.F. from an “underweight” rating to a “neutral” rating and set a $18.00 price target for the company in a research report on Friday, October 9th. Finally, Wall Street Zen lowered V.F. from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, V.F. has an average rating of “Hold” and a consensus price target of $18.14.

More V.F. News

Here are the key news stories impacting V.F. this week:

• Positive Sentiment: V.F. reported adjusted earnings of $0.70 per share, above the $0.54 analyst consensus, while revenue of $2.70 billion also exceeded estimates of $2.66 billion. Earnings increased from $0.52 per share in the prior-year quarter. V.F. Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Profitability improved significantly: net income rose to approximately $285 million from $190 million, while operating income reached $368 million. The North Face revenue grew 4% to $1.21 billion and Timberland revenue increased 4% to $526 million, supporting management’s turnaround strategy. VF Q2 Net Income Rises
• Positive Sentiment: Management reaffirmed fiscal 2027 guidance for at least 2% constant-currency revenue growth and an adjusted operating margin of approximately 8%. V.F. also declared its quarterly dividend of $0.09 per share, offering support for income-focused investors. VF Posts Strong Q2 Results and Reaffirms Outlook
• Neutral Sentiment: Direct-to-consumer revenue increased 1%, but wholesale revenue declined 6%, indicating an uneven recovery across distribution channels.
• Negative Sentiment: Total revenue declined approximately 4% year over year, and Vans revenue fell 10% to $548 million. Continued weakness at Vans could limit the pace of V.F.’s broader turnaround. VF Corp Finds Its Winning Formula

V.F. Company Profile

V.F. Corporation, commonly known as VF Corporation, is a global apparel, footwear and accessories company. Its brand portfolio includes The North Face, Vans, Timberland, Dickies, JanSport, Smartwool, Icebreaker, Kipling, Eastpak and Napapijri. These brands serve outdoor, active, workwear, lifestyle and youth-oriented markets.

VF sells products through wholesale partners, company-operated retail stores, brand websites and other digital channels. Its offerings include jackets, outdoor and performance apparel, footwear, backpacks, luggage and workwear.