VF Corp

VF Corporation shares hit a 52-week low of $12.94 and are down about 26% year to date. In the first quarter, revenue of $1.67 billion beat expectations, but adjusted loss per share was $0.27. The company raised its full-year revenue forecast to at least 2%; S&P and Moody’s upgraded the outlook, but analysts remain divided on brand risks, notably Vans. » Altro su de.investing.com

Moody’s has raised the outlook for VF Corp. from “negative” to “stable” and affirmed the corporate family rating at Ba2. The agency based the decision on operational improvements, cost reductions and debt repayments of about $583 million in fiscal 2026, including proceeds from the sale of the Dickies brand. VF Corp. reported a leverage ratio of 3.9x and interest coverage of 3.1x for the twelve months to June 2026; Moody’s expects improvements to roughly 3.1x and 4.2x, respectively, by the end of fiscal 2027 and the repayment of a bond maturing in April 2027. The ratings are supported by the group’s market position and the strength of the brands The North Face, Vans and Timberland, with weaker performance at Vans. » Altro su de.investing.com

VF Corporation reported an adjusted loss per share of $0.27 in the first quarter of fiscal 2027 (expectation $0.22), missing estimates. Revenue was $1.67 billion, topping forecasts but down about 5% year over year, hurt by seasonal weakness at The North Face and ongoing issues at Vans. Higher SG&A expenses for marketing and direct-to-consumer initiatives have not yet improved results, and management expects a weaker first half due to timing effects in wholesale. The stock plunged premarket to $16.89 from a close of $18.25 and is approaching the low end of its 52-week range. » Altro su de.investing.com