|Last Price$62.20||Day Change (%)-1.00%|
|Open Price$62.80||Day Change ($)-0.63|
|Day Range62.08–62.93||52-Week Range46.40–64.08|
As of Fri 07/11/2014 05:47 PM EST | USD
VF VFC reported first-quarter results in line with our expectations, and we are maintaining our fair value estimate. On April 1, the company completed the sale of its intimate apparel business to Berkshire Hathaway BRK.B for about $350 million. We anticipate that proceeds will be used to repurchase ...
VF VFC reported fiscal 2006 results in line with our expectations, and we are maintaining our fair value estimate. As previously announced, the company agreed to sell its intimate apparel business and now accounts for the division as a discontinued operation. For the year, revenue from continuing ...
Macroeconomic uncertainty and increased price competition paint a troubling fourth-quarter picture for consumer cyclical names.
Apparel manufacturers are solidifying their brand identities and cost efficiencies to build moats.
As consumers rapidly embrace online and mobile commerce, traditional retailers are scrambling to refine their strategies.
The corporate bond market will probably struggle to return much above break-even in 2014.
The U.S. economy is in decent shape, but we are being even more selective given recent outperformance.
The author does not own any of the stocks or funds mentioned above.
A lot of progress has been made since the recession's retreat, but retailers haven't escaped yet.