Actionable news
All posts from Actionable news
Actionable news in VFC: V.F. CORPORATION,

V.F. (VFC) Stock Plunges on Earnings Miss

NEW YORK (TheStreet) -- V.F. Corp. (VFC - Get Report) shares are slumping 6.09% to $68.75 on Friday after the company released its third quarter fiscal 2015 earnings results that fell short of analysts' estimates.

Based in Greensboro, NC, V.F. designs, manufactures, markets, and distributes branded lifestyle apparel, footwear, and accessories in the U.S. and Europe.

In the latest quarter, the company earned $1.07 a share, missing analysts' estimates of $1.12 a share.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks with serious upside potential in the next 12-months. Learn more.

Revenue came in at $3.58 billion, coming in short of analysts' forecasts of $3.67 billion.

In the same period the year before, the company earned $1.08 a share on revenue of $3.49 billion.

"We delivered excellent operating results by staying focused on what we do...