Analysts Highlight V.F. Corp's Margin Gains And Sales Momentum, Remain Cautious On Valuation Potential
VF(VFC) Benzinga·2024-10-30 03:00
V.F. Corporation VFC shares are trading higher on Tuesday.The parent company of Vans and The North Face reported second-quarter revenue of $2.8 billion, beating the consensus estimate of $2.7 billion, according to Benzinga Pro. The company reported second-quarter earnings of 60 cents per share, beating analyst estimates of 37 cents per share.BMO Capital Markets analyst Simeon Siegel reiterated the Market Perform rating, with a price forecast of $14.The analyst acknowledged the initial signs of progress and ...