NYSE:VFCLuxury
VF Corp (VFC): Is the Stock Undervalued After a Post-Earnings Turnaround Rally?
V.F (NYSE:VFC) just gave investors something new to consider. Following its late-July earnings report, shares rallied by 3%, powered by results that ran ahead of Wall Street’s expectations. The company’s transformation plan appears to be gaining ground, with strong sales from The North Face and Timberland brands helping to offset challenges at Vans. Improved gross margins and a smaller operating loss compared to forecasts have given the turnaround narrative fresh momentum and left some market...