VF Corporation Shares Are Up Today: What You Need To Know
VF Corporation Shares Are Up Today: What You Need To Know
CEO VF Corporation (NYSE:VFC) shares are trading higher Tuesday after the company reported better-than-expected second-quarter financial results. Multiple analysts also raised price targets on Tuesday. Here's what you need to know.
威富集團（紐交所：VFC）股價週二上漲，因公司報告了超過預期的第二季度財務業績。多位分析師也在週二提高了價格目標。以下是您需要了解的內容。
What To Know: VF Corp reported revenue of $2.8 billion, surpassing the consensus estimate of $2.7 billion. The company reported earnings of 60 cents per share, which came in above analyst estimates of 37 cents per share.
要點：威富集團報告的營業收入爲28億美元，超過了27億美元的共識預期。公司報告每股收益爲60美分，高於每股37美分的分析師預估。
Revenue fell 6% year-over-year. The North Face revenues were down 3%, while Vans revenue declined 11%. Americas revenue dropped 10% and international revenue declined 2%. Inventory levels decreased 13% compared to the prior year's quarter, while net debt was reduced by $446 million, bringing total debt to $5.7 billion.
營業收入同比下降6%。北面品牌營收下降3%，而Vans營收下降11%。美洲營收下降10%，國際營收下降2%。存貨水平相比去年同期減少13%，淨債務減少了44600萬美元，總債務達到57億美元。
CEO Bracken Darrell noted that second-quarter results were in line with expectations, with improvement in annual trends and continued progress toward cost-cutting goals. Darrell noted that the company is on track to reach $300 million in savings by the end of fiscal-year 2025.
首席執行官布拉肯·達瑞爾（Bracken Darrell）指出，第二季度業績符合預期，年度趨勢有所改善，並持續取得了削減成本目標的進展。達瑞爾指出，公司正繼續朝着到2025財年底實現30000萬美元的節省目標穩步前進。
For the third quarter, VF Corp expects revenue to be between $2.7 billion and $2.75 billion, versus estimates of $2.96 billion. Full-year free cash flow from continuing operations is projected at $425 million.
第三季度，威富集團預計營業收入將介於27億美元和27.5億美元之間，而市場預期爲29.6億美元。全年持續營運的自由現金流預計達到42500萬美元。
VF's board announced a dividend of 9 cents per share, payable on Dec. 18 to shareholders of record as of Dec. 10.
威富集團董事會宣佈每股派息9美分，將於12月18日支付給截至日爲12月10日的股東。
Analyst Changes:
分析師變動：
- Telsey Advisory Group analyst Dana Telsey maintained VF Corp with a Market Perform and raised the price target from $19 to $21.
- Telsey諮詢集團分析師達納·泰斯利（Dana Telsey）維持對威富集團的市場表現，並將價格目標從19美元上調至21美元。
- Baird analyst Jonathan Komp maintained VF Corp with a Neutral and raised the price target from $17 to $20.
- Baird分析師Jonathan Komp維持威富集團的中立評級，並將目標股價從17美元提高至20美元。
- Barclays analyst Adrienne Yih maintained VF Corp with an Overweight and raised the price target from $22 to $25.
- 巴克萊銀行分析師Adrienne Yih維持威富集團的增持評級，並將目標股價從22美元提高至25美元。
- JPMorgan analyst Matthew Boss maintained VF Corp with a Neutral and raised the price target from $16 to $17.
- 摩根大通分析師Matthew Boss維持威富集團的中立評級，並將目標股價從16美元提高至17美元。
- Citigroup analyst Paul Lejuez maintained VF Corp with a Buy and raised the price target from $20 to $24.
- 花旗集團分析師Paul Lejuez維持威富集團的買入評級，並將目標股價從20美元提高至24美元。
- TD Cowen analyst John Kernan maintained VF Corp with a Hold and raised the price target from $16 to $19.
- TD Cowen分析師John Kernan維持威富集團的持有評級，並將目標股價從16美元提高至19美元。
VFC Price Action: VF Corp shares were up 22.7% at $20.88 at the time of writing, according to Benzinga Pro.
VFC股價表現：威富集團股價在撰寫時上漲了22.7%，爲20.88美元，據Benzinga Pro報道。
Image: Shutterstock.
圖片：shutterstock。
譯文內容由第三人軟體翻譯。
