VF Corp. Pulls Full-Year Guidance on Vans Weakness. The Stock Drops.

The Vans turnaround is taking longer than expected, the company said Monday.

VF Corp. missed second-quarter earnings estimates and pulled its guidance for fiscal 2024, sending the stock lower in after-hours trading.

“Despite pockets of continued strong performance throughout the first half and solid profit margins in the second quarter, it’s not enough and we are not making sufficient progress at Vans or in the U.S.,” said Matt Puckett, the company’s chief financial officer, in a news release.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

MarketWatch /  🏆 3. in US

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Spirit Realty stock rallies on $9B buyout by Realty Income Corp.Steve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.
Weiterlesen »

Spirit Realty's stock rallies on $9B buyout by Realty Income Corp.Steve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.
Weiterlesen »

GameStop Corp. Cl A stock falls Monday, underperforms marketSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Weiterlesen »

Microsoft Corp. stock rises Monday, outperforms marketSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Weiterlesen »

Bank of America Corp. stock rises Monday, outperforms marketSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Weiterlesen »

Alabama State pulls away from Alabama A&M, 31-16 in 82nd Magic City ClassicA pair of big plays is the difference in Alabama State's victory at Legion Field on Saturday.
Weiterlesen »