Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why VF Corp Stock Just Dropped 10%

TheMotleyFool

0 0

Shareholders of VF Corp (NYSE: VFC) stock are having a very bad day.

The apparel company behind such iconic brands as Vans shoes, Timberland boots, and North Face jackets announced its fiscal third-quarter 2020 earnings this morning. Sales of $3.4 billion narrowly missed analyst expectations of $3.43 billion in sales, while "adjusted" earnings of $1.23 per share edged out analyst predictions of only $1.21. Now, VF stock is down an even 10% as of 1:30 p.m. EST.

Why?

Source Fool.com

Like: 0

VFC

Share