Type
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Public |
---|---|
Traded as | NYSE: VFC S&P 500 Component |
Industry | clothing, accessories |
Founded | October 1899 (1899-10) (as Reading Glove and Mitten Manufacturing Company) Reading, Pennsylvania, U.S. |
Headquarters | Greensboro, North Carolina, U.S. |
Key people
|
Eric Wiseman (Chairman) Steve Rendle (President and CEO) |
Revenue |
|
Operating income
|
|
Net income
|
|
Total assets |
|
Total equity |
|
Number of employees
|
58,000 (2011) |
Website | vfc |
VF Corporation is an American worldwide apparel and footwear company founded in 1899 and headquartered in Greensboro, North Carolina. The company’s more than 30 brands are organized into five product categories: Outdoor & Action Sports, Jeanswear, Imagewear, Sportswear and Contemporary Brands. The company controls 55% of the U.S. backpack market with the Jansport, Eastpak, Timberland and North Face brands.
The company was established first as Reading Glove and Mitten Manufacturing Company in Pennsylvania in October 1899 by John Barbey and a group of investors. The company was started with $11,000 and a 320-square-foot (30 m) factory that was leased for $60/month. It was incorporated in Pennsylvania on December 4 of that same year. The manufacture of undergarments began in 1919, accompanied by a name change to Vanity Fair Mills. Shares were initially sold to the public in 1951.
The H.D. Lee Company (now Lee) was acquired by the company in 1969 and the corporate name was changed to VF Corporation, a fictitious name that is not legally registered, to reflect the more diverse product line. Blue Bell Inc., the owner of such brands as Wrangler and JanSport, was acquired in 1986, effectively doubling the size of VF and making it the largest publicly held clothing company.
In 1998, VF moved its headquarters from Wyomissing, Pennsylvania to Greensboro, North Carolina to be closer to more of its operations.
The company announced the purchase of VF Corporation's "Vanity Fair" lingerie business by Fruit of the Loom for $350 million in cash on January 23, 2007.
On February 28, 2007, VF Corporation acquired Majestic Athletic. On July 26, 2007, VF Corporation announced the purchase of 7 for all Mankind and lucy Activewear for a combined $885 million. Eric C. Wiseman became President, CEO, and Chairman in 2008. Effective January 1, 2017 Steve Rendle took over CEO and President responsibilities.
In 2011, VF Corporation announced its intention to purchase Timberland for $2.2 billion. The deal closed in September 2011. On December 21, 2012, VF Imagewear was awarded a multimillion-dollar contract to provide uniforms and insignia for Customs and Border Protection officers. In February 2013, Imagewear was awarded a $50-million contract to manufacture uniforms for Transportation Security Administration officers.
In 1970, it was the suggestion of M.O. Lee, then President of VF Corporation, that established the VF Outlet business that Surplus products from VF sources including Berkshire International and Vanity Fair were sold to the public from a 5,000 square foot factory store, with only a drop cloth separating it from the company's manufacturing facility. In doing so, VF Corporation created a brand-new retail industry, the outlet mall.
VF Outlet stores offer everyday apparel including brand name jeans, intimate apparel, activewear, swimwear, and more for women, men and children. The company currently operates 79 stores in 31 states nationwide.
In October 2013, VF Outlet launched their ECommerce store.
VF Corporation, which opened their first VF Outlet factory store in 1970, was one of the earliest outlet operations, and opened their first outlet center in the country, in Reading, Pennsylvania. The outlet mall, located in Vanity Fair's old manufacturing mills, was dubbed the official "Outlet Capital of the World." The corporate name was changed from VF Outlet Village to VF Outlet Center in 2008.
Today, the VF Outlet Center is owned and operated by VF Outlet, Inc. with over 1,000,000 square feet of retail space and more than 20 stores.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q2 2023 | 2022-10-20 | Future report Set alerts | |
Q1 2023 | 2022-07-28 | 0.09 | 0.09 |
Q4 2022 | 2022-05-19 | 0.45 | 0.45 |
Q3 2022 | 2022-01-28 | 1.36 | 1.36 |
Q2 2022 | 2021-10-22 | 1.11 | 1.11 |
Q1 2022 | 2021-07-30 | 0.27 | 0.27 |
Q4 2021 | 2021-05-21 | 0.27 | 0.27 |
Q3 2021 | 2021-01-27 | 0.93 | 0.93 |
Q2 2021 | 2020-10-16 | 0.67 | 0.67 |
Q2 2020 | 2020-10-16 | 0.67 | 0.62 |
2016-06-30 | Reiterated Rating | Canaccord Genuity | Buy | $82.00 |
2016-06-01 | Reiterated Rating | Morgan Stanley | Underperform | $52.50 |
2016-05-16 | Reiterated Rating | Robert W. Baird | Buy | |
2016-05-12 | Reiterated Rating | Goldman Sachs | Buy | |
2016-05-12 | Reiterated Rating | Goldman Sachs Group Inc. | Buy | |
2016-05-02 | Reiterated Rating | Robert W. Baird | Buy | |
2016-05-02 | Reiterated Rating | Brean Capital | Buy | $66.00 |
2016-05-01 | Reiterated Rating | B. Riley | Neutral | $63.00 |
2016-04-30 | Reiterated Rating | Piper Jaffray | Buy | |
2016-04-30 | Reiterated Rating | Piper Jaffray Cos. | Buy | |
2016-04-27 | Reiterated Rating | Canaccord Genuity | Buy | |
2016-04-26 | Reiterated Rating | B. Riley | Neutral | $63.00 |
2016-04-25 | Downgrade | BB&T Corp. | Buy to Hold | |
2016-04-12 | Reiterated Rating | Deutsche Bank | Buy | |
2016-04-12 | Reiterated Rating | Deutsche Bank AG | Buy | |
2016-04-05 | Reiterated Rating | Canaccord Genuity | Buy | $82.00 |
2016-02-23 | Lower Price Target | Deutsche Bank | Buy | $72.00 to $67.00 |
2016-02-22 | Lower Price Target | Buckingham Research | Buy | $78.00 to $70.00 |
2016-02-22 | Lower Price Target | DA Davidson | Buy | $78.00 to $72.00 |
2016-02-22 | Lower Price Target | Nomura | Buy | $70.00 to $68.00 |
2016-02-22 | Boost Price Target | Susquehanna | Positive | $66.00 to $68.00 |
2016-02-22 | Lower Price Target | KeyBanc | Overweight | $86.00 to $80.00 |
2016-02-22 | Lower Price Target | Goldman Sachs | Buy | $75.00 to $73.00 |
2016-02-22 | Lower Price Target | BB&T Corp. | Buy | $70.00 |
2016-02-22 | Lower Price Target | Telsey Advisory Group | Outperform | $75.00 to $70.00 |
2016-02-22 | Lower Price Target | Brean Capital | Buy | $70.00 to $66.00 |
2016-02-22 | Lower Price Target | Barclays | Overweight | $78.00 to $72.00 |
2016-02-22 | Reiterated Rating | B. Riley | Neutral | $63.00 |
2016-02-22 | Lower Price Target | Nomura Holdings Inc. | Buy | $70.00 to $68.00 |
2016-02-22 | Lower Price Target | KeyCorp | Overweight | $86.00 to $80.00 |
2016-02-22 | Lower Price Target | Barclays PLC | Overweight | $78.00 to $72.00 |
2016-02-19 | Initiated Coverage | Macquarie | Outperform | $90.00 |
2016-02-18 | Reiterated Rating | Canaccord Genuity | Buy | $83.00 to $82.00 |
2016-02-17 | Lower Price Target | Deutsche Bank | Buy | $75.00 to $72.00 |
2016-02-17 | Reiterated Rating | B. Riley | Neutral | $66.00 |
2016-02-16 | Downgrade | Stifel Nicolaus | Buy to Hold | |
2016-02-16 | Reiterated Rating | Piper Jaffray | Overweight | $72.00 |
2016-02-08 | Lower Price Target | JPMorgan Chase & Co. | Overweight | $75.00 to $66.00 |
2016-01-21 | Lower Price Target | Goldman Sachs | Buy | $84.00 to $75.00 |
2016-01-14 | Lower Price Target | Nomura | $75.00 to $70.00 | |
2016-01-12 | Upgrade | Sterne Agee CRT | Underperform to Neutral | |
2016-01-11 | Downgrade | Morgan Stanley | Equal Weight to Underweight | $66.00 to $58.00 |
2016-01-09 | Reiterated Rating | B. Riley | Neutral | $66.00 |
2016-01-05 | Lower Price Target | Piper Jaffray | Overweight | $80.00 to $72.00 |
2016-01-03 | Downgrade | B. Riley | Buy to Neutral | $64.00 |
2015-12-14 | Lower Price Target | Deutsche Bank | Buy | $82.00 to $75.00 |
2015-12-11 | Lower Price Target | Susquehanna | Positive | $76.00 to $73.00 |
2015-12-02 | Reiterated Rating | Deutsche Bank | Buy | |
2015-11-23 | Lower Price Target | Goldman Sachs | Buy | $93.00 to $85.00 |
2015-11-13 | Reiterated Rating | Canaccord Genuity | Buy | $88.00 |
2015-11-12 | Downgrade | Sterne Agee CRT | Neutral to Underperform | $65.69 to $57.00 |
2015-11-02 | Lower Price Target | Janney Montgomery Scott | $78.00 | |
2015-11-02 | Lower Price Target | Citigroup Inc. | Buy | $84.00 to $81.00 |
2015-10-31 | Reiterated Rating | B. Riley | Buy | $73.00 |
2015-10-29 | Lower Price Target | Barclays | Overweight | $80.00 to $78.00 |
2015-10-26 | Lower Price Target | Susquehanna | Positive | $86.00 to $76.00 |
2015-10-26 | Lower Price Target | KeyBanc | $95.00 to $86.00 | |
2015-10-26 | Lower Price Target | Canaccord Genuity | Buy | $90.00 to $88.00 |
2015-10-26 | Reiterated Rating | Brean Capital | Buy | $79.00 to $73.00 |
2015-10-26 | Lower Price Target | BB&T Corp. | Buy | $80.00 |
2015-10-26 | Upgrade | Telsey Advisory Group | Market Perform to Outperform | $79.00 |
2015-10-26 | Upgrade | Piper Jaffray | Neutral to Overweight | |
2015-10-26 | Reiterated Rating | B. Riley | Buy | $73.00 |
2015-10-26 | Reiterated Rating | Deutsche Bank | Buy | $83.00 to $82.00 |
2015-10-25 | Reiterated Rating | Nomura | Buy | $75.00 |
2015-10-23 | Reiterated Rating | Cowen and Company | Hold | $79.00 to $70.00 |
2015-10-23 | Reiterated Rating | Piper Jaffray | Neutral to Overweight | $81.00 |
2015-10-21 | Reiterated Rating | B. Riley | Buy | $82.00 |
2015-10-20 | Reiterated Rating | Canaccord Genuity | Buy | |
2015-10-15 | Initiated Coverage | Brean Capital | Buy | $79.00 |
2015-10-13 | Upgrade | Piper Jaffray | Neutral to Overweight | $77.00 to $81.00 |
2015-10-08 | Boost Price Target | Canaccord Genuity | Buy | $88.00 to $90.00 |
2015-08-11 | Reiterated Rating | Piper Jaffray | Hold | $77.00 |
2015-08-04 | Initiated Coverage | Canaccord Genuity | Buy | $88.00 |
2015-08-03 | Initiated Coverage | Sterne Agee CRT | Neutral | |
2015-07-30 | Reiterated Rating | KeyBanc | Buy | $88.00 to $95.00 |
2015-07-27 | Lower Price Target | Citigroup Inc. | Buy | $85.00 to $84.00 |
2015-07-27 | Reiterated Rating | B. Riley | Buy | $82.00 |
2015-07-27 | Upgrade | Goldman Sachs | Neutral to Buy | $77.00 to $95.00 |
2015-07-24 | Reiterated Rating | Piper Jaffray | Neutral | $72.00 |
2015-07-23 | Upgrade | Buckingham Research | Neutral to Buy | $70.00 to $86.00 |
2015-07-22 | Reiterated Rating | B. Riley | Buy | $80.00 |
2015-06-10 | Set Price Target | Piper Jaffray | Hold | $72.00 |
2015-05-06 | Initiated Coverage | B. Riley | Buy | $80.00 |
2015-05-01 | Set Price Target | Piper Jaffray | Hold | $72.00 |
2015-03-18 | Reiterated Rating | Deutsche Bank | Buy | $83.00 |
2015-03-13 | Boost Price Target | JPMorgan Chase & Co. | Overweight | $75.00 to $83.00 |
2015-02-17 | Boost Price Target | Deutsche Bank | Buy | $78.00 to $83.00 |
2015-02-10 | Reiterated Rating | Citigroup Inc. | Buy | $84.00 to $81.00 |
2015-01-23 | Lower Price Target | JPMorgan Chase & Co. | Overweight | $74.00 to $72.00 |
2015-01-16 | Boost Price Target | Susquehanna | Positive | $76.00 to $85.00 |
2014-11-26 | Reiterated Rating | Deutsche Bank | Buy | $73.00 to $78.00 |
2014-11-18 | Initiated Coverage | BB&T Corp. | Buy | $82.00 |
2014-10-23 | Reiterated Rating | JPMorgan Chase & Co. | Overweight | $70.00 to $74.00 |
2014-10-17 | Reiterated Rating | Deutsche Bank | Buy | $75.00 to $73.00 |
2014-09-19 | Boost Price Target | DA Davidson | Buy | $72.00 to $75.00 |
2014-09-19 | Reiterated Rating | Deutsche Bank | Buy | $70.00 to $75.00 |
2014-09-19 | Reiterated Rating | Macquarie | Outperform | $74.00 to $75.00 |
2014-09-19 | Upgrade | KeyBanc | Hold to Buy | $80.00 |
2014-09-18 | Reiterated Rating | Bank of America | Buy | $70.00 to $73.00 |
2014-09-18 | Boost Price Target | Stifel Nicolaus | Buy | $70.00 to $77.00 |
2014-09-18 | Reiterated Rating | Bank of America Corp. | Buy | $70.00 to $73.00 |
2014-09-04 | Reiterated Rating | Macquarie | Outperform | $71.00 to $74.00 |
2014-07-23 | Reiterated Rating | JPMorgan Chase & Co. | Overweight | $61.00 to $62.00 |
2014-07-21 | Reiterated Rating | Telsey Advisory Group | $69.00 | |
2014-05-19 | Boost Price Target | Robert W. Baird | Outperform | $68.00 to $72.00 |
2014-05-13 | Upgrade | Evercore ISI | Neutral to Buy | $65.00 to $75.00 |
2014-04-29 | Boost Price Target | Telsey Advisory Group | Not Rated | $65.00 to $69.00 |
2014-04-28 | Reiterated Rating | Citigroup Inc. | Buy | $71.00 |
2014-04-28 | Boost Price Target | Cowen and Company | Market Perform | $61.00 to $63.00 |
2014-04-28 | Boost Price Target | Wedbush | Outperform | $64.00 to $68.00 |
2014-04-28 | Boost Price Target | Nomura | Buy | $65.00 to $68.00 |
2014-04-21 | Upgrade | Susquehanna | Neutral to Positive | $58.00 to $72.00 |
2014-03-24 | Reiterated Rating | Janney Montgomery Scott | Fair Value | $65.00 to $68.00 |
2014-02-26 | Downgrade | Goldman Sachs | Buy to Neutral | $60.00 |
2014-02-18 | Reiterated Rating | Janney Montgomery Scott | Fair Value | $70.00 to $65.00 |
2014-02-18 | Boost Price Target | Barclays | Overweight | $56.00 to $60.00 |
2014-02-18 | Upgrade | Ned Davis Research | Neutral to Buy | |
2014-02-18 | Lower Price Target | DA Davidson | Buy | $71.00 to $70.00 |
2014-02-12 | Initiated Coverage | Nomura | Buy | $65.00 |
2014-02-12 | Initiated Coverage | Morgan Stanley | Equal Weight | |
2014-01-27 | Downgrade | Cowen and Company | Outperform to Market Perform | $64.00 to $61.00 |
2014-01-17 | Initiated Coverage | Macquarie | Outperform | $71.00 |
2013-12-30 | Reiterated Rating | DA Davidson | Buy | $61.00 to $71.00 |
2013-12-27 | Reiterated Rating | Bank of America | Buy | $62.50 to $70.00 |
2013-12-23 | Downgrade | Ned Davis Research | Buy to Neutral | |
2013-12-20 | Boost Price Target | Stifel Nicolaus | Buy | $235.00 to $280.00 |
2013-11-25 | Set Price Target | Citigroup Inc. | $243.00 to $270.00 | |
2013-11-22 | Boost Price Target | JPMorgan Chase & Co. | $224.00 to $245.00 | |
2013-11-11 | Upgrade | Ned Davis Research | Neutral to Buy | |
2013-10-28 | Reiterated Rating | Deutsche Bank | Buy | $215.00 to $240.00 |
2013-10-23 | Boost Price Target | Wedbush | Outperform | $210.00 to $225.00 |
2013-10-23 | Boost Price Target | Susquehanna | Neutral | $185.00 to $190.00 |
2013-10-22 | Reiterated Rating | JPMorgan Chase & Co. | Buy | $224.00 |
2013-10-22 | Boost Price Target | Janney Montgomery Scott | Buy | $215.00 to $228.00 |
2013-10-22 | Boost Price Target | DA Davidson | Buy | $223.00 to $245.00 |
2013-10-18 | Boost Price Target | Stifel Nicolaus | Buy | $207.00 to $235.00 |
2013-09-16 | Boost Price Target | JPMorgan Chase & Co. | Overweight | $195.00 to $224.00 |
2013-06-12 | Reiterated | Janney | Buy | $188 to $210 |
2013-04-29 | Reiterated | Stifel | Buy | $184 to $190 |
2013-03-25 | Reiterated | Janney | Buy | $180 to $186 |
2012-10-17 | Reiterated | Janney Mntgmy Scott | Buy | $176 to $180 |
2012-05-22 | Upgrade | Janney Mntgmy Scott | Neutral to Buy | $160 to $160 |
2016-06-30 | Reiterated Rating | Canaccord Genuity | Buy | $82.00 |
2016-06-01 | Reiterated Rating | Morgan Stanley | Underperform | $52.50 |
2016-05-16 | Reiterated Rating | Robert W. Baird | Buy | |
2016-05-12 | Reiterated Rating | Goldman Sachs | Buy | |
2016-05-12 | Reiterated Rating | Goldman Sachs Group Inc. | Buy |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In VFC 554 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
PNC FINANCIAL SERVICES GROUP, INC. | 77.45M |
Vanguard Group, Inc | 41.83M |
Capital International Investors | 33.37M |
BlackRock Inc. | 26.31M |
STATE STREET CORP | 24.96M |
NORTHERN TRUST CORP | 24.88M |
WELLS FARGO & CO/MN | 10.36M |
BlackRock Institutional Trust Company, N.A. | 8.80M |
SCHWAB CHARLES INVESTMENT MANAGEMENT INC | 7.61M |
DIAMOND HILL CAPITAL MANAGEMENT INC | 6.89M |
GEODE CAPITAL MANAGEMENT, LLC | 6.71M |
BlackRock Fund Advisors | 4.37M |
THOMASPARTNERS, INC. | 4.37M |
DEUTSCHE BANK AG\ | 4.31M |
PARNASSUS INVESTMENTS /CA | 4.18M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
John E Barbey Trust UDT dated 08/21/51 FBO Helen Mucklow (dec'd) as appt'd for John E. B.DuPont | 19.55% (84275364) | VFC / |
John E. Barbey T/U/W FBO Tenacre Foundation | 4.96% (21362971) | VFC / |
WISEMAN ERIC C Chairman, President & CEO | 0.13% (549863) | CI / LOW / VFC / |
Salzburger Karl Heinz VP & President-International | 0.12% (505006) | VFC / |
SHEARER ROBERT K CFO | 0.05% (229567) | CHD / TFM / VFC / |
HURST ROBERT J/NY | 0.05% (204281) | VFC / |
Rendle Steven E VP & Group Pres. | 0.04% (177072) | VFC / |
Baxter Scott H VP & Group Pres. | 0.03% (130644) | VFC / |
Roe Scott A. VP Controller and CAO | 0.02% (104759) | VFC / |
O'Meara Aidan Vice President & Group Pres. | 0.02% (91344) | VFC / |
VIAULT RAYMOND G | 0.02% (77613) | NWL / VFC / |
GANNAWAY MICHAEL T VP-VF Direct/Customer Teams | 0.01% (61092) | VFC / |
Holtz Curtis A. Vice President & Group Pres. | 0.01% (46527) | VFC / |
Carucci Richard | 0.01% (43190) | VFC / YUM / |
MEAGHER LAURA C Vice Pres. & General Counsel | 0.01% (38294) | VFC / |
CHUGG JULIANA L | 0.01% (26262) | MAT / VFC / |
DE BEDOUT JUAN ERNESTO | 0.01% (25467) | VFC / |