V.F. Corporation (VFC)
After hours:
| Previous close | 18.11 |
| Open | 18.15 |
| Bid | 18.14 x 3200 |
| Ask | 18.40 x 1800 |
| Day's range | 18.06 - 18.41 |
| 52-week range | 12.85 - 32.13 |
| Volume | |
| Avg. volume | 9,104,215 |
| Market cap | 7.054B |
| Beta (5Y monthly) | 1.53 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -0.55 |
| Earnings date | 05 Feb 2024 - 09 Feb 2024 |
| Forward dividend & yield | 0.36 (1.98%) |
| Ex-dividend date | 08 Dec 2023 |
| 1y target est | 18.68 |
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ReutersVans owner VF Corp lays off 500 employees in restructuring push
It had in October come under pressure from activist investor firms Legion Partners Asset Management and Engaged Capital, which insisted on cost cuts and a halt to acquisitions. Sales at its Vans brand have been dropping for the last few quarters, with the new CEO Bracken Darrell recently saying that it would not see a turnaround this year. He had also warned of a large-scale cost reduction program to rebuild its business.
