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VF (VFC)
NYSE:VFC
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Earnings Data
Report Date
Jan 29, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
0.34Last Year’s EPS
0.57Same Quarter Last Year
Based on 19 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 19, 2018
|% Change Since: 39.45%
|Next Earnings Date:Jul 20, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted significant improvements in cost savings, debt reduction, and progress in the Vans brand turnaround. However, the overall revenue and specific brand performances such as The North Face, Timberland, and Dickies still faced declines, balancing the positive achievements.Company Guidance
During the VF Corporation Q2 2025 earnings call, the company provided guidance for the upcoming quarter, expecting revenue to range between $2.7 billion and $2.75 billion, reflecting a decline of 1% to 3% on a reported basis, with a negative 100 basis point impact from foreign exchange. Operating income is projected to be between $170 million and $200 million, with improvements anticipated in gross margin due to lower product costs. Inventory levels are down 13% year-over-year, and the company has realized approximately $200 million in cost savings, aiming for $300 million by the fiscal year's end. Q3 guidance includes expectations for full-year free cash flow around $425 million, down from $600 million due to the Supreme sale and additional reinvestments.Cost Savings Achieved
VF Corporation generated $65 million in cost savings during Q2, contributing to a cumulative total of $200 million. They are on track to achieve $300 million in savings by the fiscal year's end.
Inventory and Debt Reduction
Inventories were reduced by 13% at the end of the quarter compared to the previous year, and net debt was reduced by nearly $450 million. After the quarter, a $1 billion term loan was paid off with proceeds from the Supreme divestiture.
Vans Turnaround Progress
Vans' revenue decline improved to 11% down from 21% in the previous quarter, with positive signs from new product launches and brand elevation initiatives.
Gross Margin Improvement
Gross margin increased by 120 basis points to 52.2%, driven by product cost tailwinds.
Positive Regional Performance
APAC region saw a 5% increase in revenue, led by The North Face and strong performance in China.
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VFC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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VFC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 28, 2024 | $16.96 | $21.54 | +27.00% |
| Aug 06, 2024 | $16.29 | $17.44 | +7.06% |
| May 22, 2024 | $12.13 | $11.78 | -2.89% |
| Feb 06, 2024 | $16.59 | $14.98 | -9.70% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does VF (VFC) report earnings?
VF (VFC) is schdueled to report earning on Jan 29, 2025, TBA Not Confirmed.
What is VF (VFC) earnings time?
VF (VFC) earnings time is at Jan 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VFC EPS forecast?
VFC EPS forecast for the fiscal quarter 2025 (Q3) is 0.34.
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