Latest news with #BrackenDarrell
Yahoo
31-05-2025
- Business
- Yahoo
Jim Cramer on V.F. Corporation (VFC): 'We're Still in a Holding Pattern'
We recently published a list of . In this article, we are going to take a look at where V.F. Corporation (NYSE:VFC) stands against other stocks that Jim Cramer discusses. While discussing V.F. Corporation (NYSE:VFC), Cramer said that he needs to see some positive sales growth before he is bullish on the company again. 'The apparel and footwear retailers, they've struggled…. Why don't we start with V.F. Corp?…. For the past couple of years, I've been rooting for V.F. Corp ever since they brought in Bracken Darrell from Logitech to take over CEO. I figured he could eventually turn things around, and eventually is the operative word here, and around this time last year, V.F. Corp started to get back on track… A model walking down the runway wearing a fashionable and performance-based apparel designed by the company. V.F. Corporation (NYSE:VFC) designs and sells branded apparel, footwear, and accessories for all ages. The company features famous brands like The North Face, Vans, and Timberland. Overall, VFC ranks 8th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of VFC as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than VFC and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
29-05-2025
- Business
- Yahoo
Why VF Corporation (VFC) Went Up On Tuesday
We recently published a list of . In this article, we are going to take a look at where VF Corporation (NYSE:VFC) stands against other best-performing stocks. VF Corporation saw its share prices increase by 12.92 percent on Tuesday to close at $13.55 apiece, with the rally helped buoyed by its executives' significant stake increases in the company. Chief Executive Officer Bracken Darrell, for his part, acquired more than $1 million worth of shares, covering 85,840 shares at a price of $11.73 apiece. Meanwhile, Chief Operating Officer Abhishek Dalmia, alongside another director, collectively purchased 100,000 shares in the company. A model walking down the runway wearing a fashionable and performance-based apparel designed by the company. In the fourth quarter of fiscal year 2025, VF Corporation (NYSE:VFC) narrowed its net loss by 64 percent to $151 million from $418 million registered in the same period last year. Revenues, however, dipped by 4.6 percent to $2.143 billion from $2.247 billion year-on-year. The company also declared a cash dividend of $0.09 per share, payable on June 18 to shareholders as of June 10. Overall, VFC ranks 9th on our list of best-performing stocks. While we acknowledge the potential of VFC, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than VFC and that has 10,000x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-05-2025
- Business
- Yahoo
Why VF Corporation (VFC) Went Up On Tuesday
We recently published a list of . In this article, we are going to take a look at where VF Corporation (NYSE:VFC) stands against other best-performing stocks. VF Corporation saw its share prices increase by 12.92 percent on Tuesday to close at $13.55 apiece, with the rally helped buoyed by its executives' significant stake increases in the company. Chief Executive Officer Bracken Darrell, for his part, acquired more than $1 million worth of shares, covering 85,840 shares at a price of $11.73 apiece. Meanwhile, Chief Operating Officer Abhishek Dalmia, alongside another director, collectively purchased 100,000 shares in the company. A model walking down the runway wearing a fashionable and performance-based apparel designed by the company. In the fourth quarter of fiscal year 2025, VF Corporation (NYSE:VFC) narrowed its net loss by 64 percent to $151 million from $418 million registered in the same period last year. Revenues, however, dipped by 4.6 percent to $2.143 billion from $2.247 billion year-on-year. The company also declared a cash dividend of $0.09 per share, payable on June 18 to shareholders as of June 10. Overall, VFC ranks 9th on our list of best-performing stocks. While we acknowledge the potential of VFC, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than VFC and that has 10,000x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
27-05-2025
- Automotive
- CNBC
Stocks making the biggest moves midday: Trump Media, Salesforce, Tesla, AMC Entertainment and more
Check out the companies making headlines in midday trading. Chinese autos — Chinese auto stocks retreated after BYD said it would lower prices on 22 electric and plug-in hybrid models until the end of June, igniting fears of a fresh price war in the Chinese market. U.S.-traded shares of Li Auto and Nio respectively slipped 2% and 4%. AMC Entertainment — The movie theater chain saw shares skyrocket more than 22% after it set a Memorial Day weekend record for revenues on the strength of live-action Lilo & Stitch and Mission: Impossible – The Final Reckoning. Trading volume was extremely heavy during Tuesday's session, more than twice its 30-day average volume of 8.6 million shares as of midday. Newmont — Shares of the gold miner slipped 1% as news of President Donald Trump's delayed tariffs on the European Union dragged down the price of spot gold. The precious metal, seen as a safe-haven asset, was last down more than 1%. V.F. Corporation — Shares surged 12% after the apparel company — which owns brands such as Timberland, The North Face and JanSport — disclosed that president and CEO Bracken Darrell had bought about 85,800 shares . COO Abhishek Dalmia also disclosed buying 50,000 shares . Wingstop — Shares climbed 4% following an upgrade to buy from hold at Truist. Analyst Jake Bartlett noted that customer spending at Wingstop appears to be improving. Nvidia — The graphics processing unit manufacturer added 3% after Reuters reported that Nvidia will be launching a cheaper Blackwell chip exclusively for China. The company plans to start mass production as early as June, Reuters said, citing sources familiar with the matter. LifeStance Health — Shares climbed nearly 8% after UBS upgraded the outpatient behavioral health services provider to a buy rating from neutral. Analyst Kevin Caliendo said that investors may be undervaluing the stock compared to the company's potential performance. Cummins — The industrial components manufacturer added almost 3% following an upgrade to buy from neutral at Goldman Sachs. Analyst Jerry Revich cited strong demand for Cummins' power generation products as a catalyst. Tesla — The electric vehicle maker added 6% after Elon Musk reiterated his intention to redirect his focus back to his companies in a Saturday post on X . The billionaire wrote that he needs to be "super focused" on X, artificial intelligence company xAI and Tesla as they go forward with launching "critical technologies." CoreWeave — The AI infrastructure provider surged 14% despite receiving its first Wall Street downgrade following its post-IPO rally. Barclays downgraded shares to equal weight from overweight, citing that upside appears limited in the short term. Informatica , Salesforce — Informatica's stock popped nearly 6% after the cloud data management company said it was being acquired by Salesforce in a deal valued at $8 billion. Informatica's shareholders will receive $25 in cash per share, a roughly 11% premium to Friday's closing price. Salesforce's stock added more than 1%. PDD Holdings — The U.S.-listed shares of PDD Holdings plunged more than 15% after the Chinese online retailer posted disappointing first-quarter earnings results. The parent company of Temu posted revenue of 95.67 billion yuan ($13.28 billion) that fell short of the FactSet consensus estimate of 103.13 billion yuan ($14.32 billion). Trump Media & Technology — Shares of the social media and tech company fell more than 8% after Trump Media announced that it was raising $2.5 billion in capital to buy bitcoin. SoundHound AI — Shares of the voice AI platform popped 12% after Piper Sandler initiated coverage of SoundHound AI with an overweight rating. The firm highlighted several ways SoundHound can expand its growth runway, including further integrating its conversational AI technology into auto. Champion Homes — Shares dropped more than 16% after the maker of modular homes reported fourth-quarter that missed estimates on the top and bottom lines, while separately announcing it has agreed to acquire manufactured home maker Iseman Homes. Champion Homes posted adjusted earnings of 65 cents per share on revenue of $593.9 million. Analysts polled by FactSet expected earnings of 76 cents per share on revenue of $595.4 million. — CNBC's Michelle Fox, Yun Li, Sarah Min, Jesse Pound and Pia Singh contributed reporting.
Yahoo
23-05-2025
- Business
- Yahoo
Why V.F. Corporation (VFC) Crashed Today
We recently published a list of . In this article, we are going to take a look at where V.F. Corporation (NYSE:VFC) stands against other firms that are drenched in red today. Ten companies pulled back on Wednesday, booking hefty losses during the trading session, with investor sentiment weighed down by a flurry of government policies and dismal earnings performance in the last quarter of the year. Meanwhile, the Dow Jones fell by 1.91 percent, the S&P 500 declined by 1.61 percent, and the tech-heavy Nasdaq dropped 1.41 percent. In this article, let us take a look at the 10 companies that led a poor performance during the day and explore the reasons behind their drop. To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume. A model walking down the runway wearing a fashionable and performance-based apparel designed by the company. V.F. Corporation (NYSE:VFC) VF Corporation nosedived by 15.80 percent on Wednesday to end at $12.15 apiece after missing analyst estimates for its earnings performance in the fourth quarter and fiscal year 2025. On Wednesday, V.F. Corporation (NYSE:VFC) said that revenues for the fourth quarter alone dropped by 5 percent to $2.14 billion from $2.25 billion, while revenues for the full-year period declined by 4 percent to $9.5 billion from $9.9 billion in 2023. Net loss, however, shrank by 64 percent to $151 million from $418 million in the said quarter, while net loss for the full-year period narrowed by 80 percent to $190 million from $969 million year-on-year. 'Revenue for the quarter was in line with our guidance and, excluding Vans, was up versus last year, led by growth at The North Face and Timberland,' said V.F. Corporation (NYSE:VFC) President and CEO Bracken Darrell. Of its brands, Vans and Dickies logged a decline of 22 percent and 14 percent, respectively, offsetting the 2-percent and 10-percent higher revenues from The North Face and Timberland. Overall, VFC ranks 1st on our list of firms that are drenched in red today. While we acknowledge the potential of VFC as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than VFC but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
