V.F. Corporation (VFC) crashed due to poor earnings, with stock plummeting by 15.80%.
From Yahoo Finance: 2025-05-21 20:30:00
Ten firms, including V.F. Corporation, faced losses on Wednesday due to government policies and poor earnings. The Dow Jones, S&P 500, and Nasdaq dropped significantly during the trading session. The 10 companies with poor performance had a market cap of $2 billion and $5 million in trading volume.
V.F. Corporation (VFC) plummeted by 15.80% to $12.15 after missing analyst earnings estimates. Fourth-quarter revenues dropped by 5% to $2.14 billion, while full-year revenues declined by 4% to $9.5 billion. Net loss decreased by 64% in the quarter and 80% for the full year, with Vans and Dickies seeing declines.
V.F. Corporation’s CEO mentioned that excluding Vans, revenues were up from the previous year, led by The North Face and Timberland. Despite this, Vans and Dickies experienced declines of 22% and 14%, respectively. VFC ranks first on the list of companies drenched in red today, but AI stocks may offer higher returns in a shorter time frame.
Read more at Yahoo Finance: Why V.F. Corporation (VFC) Crashed Today