These Analysts Increase Their Forecasts On VF After Strong Q2 Results

VF Corp. (NYSE:VFC) on Wednesday reported better-than-expected second-quarter results and reaffirmed its full-year outlook.

VF reported adjusted earnings of 70 cents per share, beating analysts’ expectations of 54 cents. Revenue declined 4% year over year to $2.695 billion but topped the consensus estimate of $2.667 billion.

VF expects fiscal 2027 revenue to exceed $9.53 billion, above the analyst consensus estimate of $9.51 billion. The company projects full-year revenue growth of at least 2% on a constant-currency basis.

Bracken Darrell, President and CEO, said, “We drove strong results in the second quarter, ahead of guidance across key metrics, as a result of great product and solid execution. The North Face® and Timberland® continued to deliver consistent growth, and Altra® grew more than 40%, all powered by bold product design and innovation and brand storytelling that are resonating with our consumers. Our plan to reignite Vans® is working – global DTC is growing again for the first time in almost five years, and strong orders from Wholesale partners continue to give us confidence of a second half improvement. We are delivering sustainable and profitable growth on our path to achieve our full-year guidance and medium-term targets, as the upside potential in our business becomes even more evident.”

VF shares rose 1.8% to $17.54 in pre-market trading.

These analysts made changes to their price targets on VF following earnings announcement.

• BNP Paribas analyst Laurent Vasilescu upgraded the stock from Underperform to Neutral and raised the price target from $13 to $16.
• Baird analyst Jonathan Komp maintained the stock with a Neutral and raised the price target from $15 to $16.

Considering buying VFC stock? Here’s what analysts think:

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