V.F. (NYSE:VFC) Releases Quarterly Earnings Results, Beats Expectations By $0.11 EPS

Key Points

• V.F. (NYSE:VFC) reported a quarterly earnings per share (EPS) of ($0.24), exceeding expectations by $0.10 above the consensus estimate of ($0.34).
• The company's revenue for the quarter was $1.76 billion, surpassing the estimate of $1.70 billion, but showing a 7.3% decrease compared to the prior year.
• V.F. announced a quarterly dividend of $0.09 per share, with a yield of 2.83% and a current dividend payout ratio of -72.00%.

V.F. (NYSE:VFC - Get Free Report) posted its earnings results on Wednesday. The textile maker reported ($0.24) earnings per share for the quarter, topping the consensus estimate of ($0.35) by $0.11, Zacks reports. V.F. had a positive return on equity of 22.77% and a negative net margin of 0.50%. The firm had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.70 billion. During the same period in the previous year, the company posted ($0.33) earnings per share. The company's revenue for the quarter was down 7.3% on a year-over-year basis. V.F. updated its Q2 2026 guidance to EPS.

V.F. Stock Performance

V.F. stock traded down $0.06 during trading on Friday, hitting $11.66. The stock had a trading volume of 13,586,900 shares, compared to its average volume of 8,939,854. The stock has a market cap of $4.55 billion, a price-to-earnings ratio of -89.69, a price-to-earnings-growth ratio of 1.39 and a beta of 1.68. The stock's 50 day moving average is $12.35 and its two-hundred day moving average is $15.99. V.F. has a 1 year low of $9.41 and a 1 year high of $29.02. The company has a quick ratio of 0.80, a current ratio of 1.27 and a debt-to-equity ratio of 2.76.

V.F. Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Investors of record on Wednesday, September 10th will be paid a $0.09 dividend. The ex-dividend date is Wednesday, September 10th. This represents a $0.36 annualized dividend and a yield of 3.1%. V.F.'s dividend payout ratio is presently -276.92%.

Analysts Set New Price Targets

Several research firms have issued reports on VFC. BNP Paribas downgraded V.F. from a "neutral" rating to an "underperform" rating and dropped their price target for the company from $11.00 to $10.00 in a research note on Thursday. KGI Securities began coverage on V.F. in a research note on Thursday. They issued an "outperform" rating and a $14.80 price target for the company. Telsey Advisory Group restated a "market perform" rating and set a $14.00 target price on shares of V.F. in a research note on Wednesday. Needham & Company LLC upped their price target on shares of V.F. from $15.00 to $19.00 and gave the stock a "buy" rating in a report on Wednesday. Finally, JPMorgan Chase & Co. decreased their price objective on V.F. from $25.00 to $18.00 and set a "neutral" rating for the company in a report on Monday, May 19th. Two equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $16.04.

Insiders Place Their Bets

In related news, Director Richard Carucci bought 50,000 shares of the company's stock in a transaction on Friday, May 23rd. The shares were purchased at an average price of $12.05 per share, for a total transaction of $602,500.00. Following the completion of the transaction, the director directly owned 280,282 shares in the company, valued at approximately $3,377,398.10. The trade was a 21.71% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Bracken Darrell acquired 85,840 shares of the stock in a transaction that occurred on Friday, May 23rd. The stock was acquired at an average price of $11.73 per share, for a total transaction of $1,006,903.20. Following the transaction, the insider directly owned 295,406 shares of the company's stock, valued at $3,465,112.38. This represents a 40.96% increase in their position. The disclosure for this purchase can be found here. Insiders have purchased a total of 185,840 shares of company stock worth $2,198,403 over the last 90 days. Corporate insiders own 1.10% of the company's stock.

V.F. Company Profile

VF Corp. engages in the business of producing and marketing apparel, footwear, and accessories. It operates through the following segments: Outdoor, Active, Work, and Other. The Outdoor segment includes authentic outdoor-based lifestyle brands such as performance-based and outdoor apparel, footwear, and equipment.