Why VF Corp Stock Was Crushing It This Week

Investors returned to beleaguered apparel maker VF Corp (NYSE: VFC) over the past few days. Much of this was due to the company's surprisingly robust second-quarter fiscal 2025 results and the pronouncements made by management at the company's subsequent investor day event. As a result, according to data compiled by S&P Global Market Intelligence, VF Corp stock was up by almost 24% in price week to date as of early Friday morning.Previous to that earnings release, which occurred after market close on Monday, VF Corp stock had been in the doldrums. Sales were sluggish, and profitability was weak.Yet, those second-quarter figures strongly indicated that management's turnaround attempts were bearing fruit. Revenue fell by 6% year over year (to $2.76 billion), not quite meeting the consensus analyst estimate of $2.77 billion. Although negative growth and a miss on estimates are not ideal, the decline was less steep than in previous quarters. The market took this as a sign that the situation is improving.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool