Latest news with #decline
Yahoo
6 hours ago
- Business
- Yahoo
V.F. Corp Gears Up for Q1 Earnings Amid Vans Restructuring Pressures
V.F. Corporation VFC is likely to register a year-over-year decline in its top and bottom lines when it posts first-quarter fiscal 2026 earnings on July 30, before the opening bell. The Zacks Consensus Estimate for quarterly revenues is pegged at $1.7 billion, indicating an 11.2% decline from the prior-year quarter's consensus estimate for loss is pegged at 34 cents per share, wider than the 33 cents reported in the year-ago period. Notably, the earnings estimate has remained stable in the past 30 days. V.F. Corporation Price, Consensus and EPS Surprise V.F. Corporation price-consensus-eps-surprise-chart | V.F. Corporation Quote V.F. Corp delivered an earnings surprise of 13.3% in the last reported quarter. In the trailing four quarters, the company delivered an earnings surprise of 36.9%. Things to Know Ahead of VFC's Q1 Earnings V.F. Corp is likely to report a year-over-year revenue decline in its upcoming first-quarter fiscal 2026 results, pressured by continued brand-specific and structural headwinds. Management has guided for revenues to fall 3-5% on a constant currency basis, citing ongoing impacts from strategic reset actions at Vans and lingering softness in consumer traffic. As the fiscal first quarter is seasonally the company's smallest quarter but disproportionately affected by Vans' performance, any further deterioration in the brand's momentum could weigh heavily on consolidated continues to be a drag on top-line performance, with management indicating that first trends would mirror the 20% decline seen in the fourth quarter of fiscal 2025. The fiscal first quarter will reflect the full impact of earlier store closures, value channel exits and distressed inventory reductions, all part of a deliberate plan to clean up the marketplace and reset the brand for profitable growth. While these actions are setting a stronger foundation, these are expected to continue distorting year-over-year comparisons through at least the first half of fiscal 2026. Notably, management does not expect a visible improvement in Vans' financial performance until the back-to-school or holiday foreign exchange is expected to have a modest unfavorable impact on the fiscal first-quarter results, adding another layer of pressure to top-line performance. Management remains focused on transformation goals under its Reinvent strategy, including cost structure optimization, improved brand focus and balance sheet deleveraging. The company did not provide fiscal 2026 guidance but reiterated expectations for operating margin expansion in fiscal 2026 despite macro and brand-specific the positive side, the gross margin is expected to remain strong, benefiting from lower input costs, fewer promotions and an improved inventory mix. These tailwinds, which helped drive a 560 basis-point gross margin improvement in fourth-quarter fiscal 2025, are likely to carry into first-quarter fiscal 2026, even as operating leverage remains limited. VFC expects an operating loss of $110-$125 million for first-quarter fiscal 2026. Meanwhile, SG&A expenses are forecasted to be flat to slightly down year over year, with cost savings from the Reinvent program offsetting investments in product development and marketing. What the Zacks Model Unveils for VFC Stock Our proven model does not conclusively predict an earnings beat for V.F. Corp this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chance of an earnings beat, which is not the case here. You can uncover the best stocks before they're reported with our Earnings ESP Filter.V.F. Corp has an Earnings ESP of -15.00% and currently carries a Zacks Rank of 3. Valuation Picture of VFC Stock V.F. Corp stock is trading at a premium valuation relative to the industry. Per the price-to-earnings ratio, the stock is currently trading at 13.87X forward 12-month price-to-earnings ratio, higher than 11.49X for the Textile - Apparel industry. Image Source: Zacks Investment Research The recent market movements show that VFC's shares have gained 8.2% in the past three months compared with the industry's growth of 1.1%. Image Source: Zacks Investment Research Stocks With the Favorable Combination Here are some companies that, according to our model, have the right combination of elements to beat on earnings this reporting cycle. Ralph Lauren RL currently has an Earnings ESP of +1.02% and a Zacks Rank of 2. RL is likely to register a top-line increase when it reports first-quarter fiscal 2026 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $1.64 billion, indicating an 8.7% rise from the figure reported in the prior-year quarter. You can see the complete list of today's Zacks #1 Rank stocks consensus estimate for Ralph Lauren's earnings is pegged at $3.43 per share, implying a 27.04% jump from the year-ago quarter. RL delivered an earnings surprise of 8.9% in the last Fitness PLNT presently has an Earnings ESP of +1.48% and a Zacks Rank of 2. The company is expected to register increases in its top and bottom lines when it reports second-quarter 2025 numbers. The Zacks Consensus Estimate for PLNT's quarterly revenues is pegged at $333.5 million, which indicates growth of 10.8% from the prior-year quarter's reported consensus mark for Planet Fitness' quarterly earnings has been unchanged in the past 30 days at 79 cents per share. The estimate indicates an increase of 11.3% from the year-ago quarter's actual. PLNT delivered an earnings surprise of 6.9% in the trailing four quarters, on Caribbean Cruises RCL currently has an Earnings ESP of +0.72% and a Zacks Rank of 3. RCL is likely to register growth in its top and bottom lines when it reports second-quarter 2025 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $4.55 billion, indicating 10.6% growth from the figure reported in the year-ago consensus estimate for Royal Caribbean's earnings is pegged at $4.10 per share, implying a 27.7% increase from the year-earlier quarter. The consensus mark for earnings has been upbound cents in the past 30 days. RCL has a trailing four-quarter earnings surprise of 8.7%, on average. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Royal Caribbean Cruises Ltd. (RCL) : Free Stock Analysis Report V.F. Corporation (VFC) : Free Stock Analysis Report Ralph Lauren Corporation (RL) : Free Stock Analysis Report Planet Fitness, Inc. (PLNT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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


BBC News
a day ago
- Science
- BBC News
Somerset butterfly count is expected to drive conservation effort
An annual butterfly count is under way after it logged the lowest numbers on record last year. There was a 35% decline in butterflies and moth species recorded across Somerset in 2024 - with a total of 43,547, compared to a total of 66,486 in 2023 according to the Buttery count has been running for 15 years but last year the charity said butterflies were at "their lowest ebb" on the back of 50 years of decline - with the wet weather contributing to the poor results. "What we really need to see is which species have been able to bounce back from that weather of last year, and which species might still be struggling," said Dr Dan Hoare from the charity. The gatekeeper butterfly was the most spotted species in Somerset last year, with more than 9,000 reported sightings. To join in the count people can sign up online and record their results on the website or app. Dr Hoare said: "Butterflies are an indicator of the health of our environment. "With about half of Britain's butterfly species already threatened or near threatened with extinction, it's really important that we understand what's driving these declines in nature – and we can use butterflies as an indicator. "When we get things right, they bounce back really quickly, and they can show us where nature recovery is working, but when their numbers are declining, that's a real sign that we need to do more."He added that Somerset was a significant area for butterflies with "really lovely rural habitats".The survey runs until 10 August, with the results revealed the following month.


Irish Times
2 days ago
- Business
- Irish Times
Heineken beer sales fall as price dispute took longer to fix
Heineken saw a decline in beer volumes, as retailer disputes across Europe dragged on sales and limited its ability to take advantage of the summer heatwave. The Dutch brewer reported a 0.4 per cent fall in volumes during the second quarter as it faced disputes over price increases with regional buying groups in western Europe that lasted longer into the quarter than anticipated. Shares in Heineken declined 4.1 per cent in early trade in Amsterdam, the biggest intraday decline in more than three months. The negotiations in France, the Netherlands and Spain that escalated in March are now resolved, Heineken said in a statement Monday. France saw a 'strong recovery' in June as a result, it added. Prices overall were up 1.2 per cent in the first half in Europe, 'in that sense positive price mix. Which is what we were negotiating for,' chief executive of Heineken Dolf van den Brink said on a call. A key point of contention was being able to pass on cost and wage increases, he added, declining to comment further. Heineken expects stable volumes this year as consumers cut back spending in its key markets Americas and Europe, compared with a previous outlook for growth. It now wants to save €500 million in 2025, more than previously announced, to offset the lower volumes. Organic operating profit grew 7.4 per cent in the first half of the year, boosted by expansion in Vietnam, India and China. It maintained operating profit growth guidance of between 4 per cent and 8 per cent for the full year. Heineken beer volumes fell 1.2 per cent in Americas in the first half as the industry grapples with a downturn in US spending including among Hispanic consumers. The world's biggest brewers have all come under pressure in the key market. Molson Coors and AB InBev have seen volumes weaken, while Constellation Brands, which sells the Modelo Especial and Corona brands in the US, said earlier this year beer sales were muted in states with large Hispanic populations. Beer markets have declined at a pace Heineken has 'rarely seen any time before,' said van den Brink. In the wake of the EU's trade agreement with the US, which will see the bloc face a 15 per cent tariff on most of its exports, van den Brink said in a TV interview with Bloomberg that the amount was largely in line with what the company had been expecting. There would be some impact on profit of US operations, which will weigh more heavily in the second half of the year, he said. Heineken is assessing whether to move manufacturing to the US as a result of the tariffs, he said, but pointed out that brewing was capital intensive, meaning a decision would be made only if it worked for the long term. 'As such we really need consistency in regulation and tariffs to make a final call. We are looking at options.' – Bloomberg


The Independent
2 days ago
- Business
- The Independent
Beer giant blames price disputes for declining sales
Brewing giant Heineken has reported a significant dip in beer sales, attributing the decline to protracted price negotiations with European retailers. The Dutch company, which also owns Birra Moretti and Amstel, saw its shares fall after revealing a 1.2 per cent slump in beer volumes during the first half of 2025. This downturn was particularly pronounced in Brazil, the US, and across several European markets. European volumes alone plummeted by 4.7 per cent, as major retailers in France, the Netherlands, Germany, and Spain opted to delist the brand in response to planned price increases. Heineken stated that discussions with these retail groups took longer than anticipated to resolve. The challenging trading conditions contributed to a 5 per cent drop in group revenues, reaching 16.9 billion euros (£14.6 billion) for the half-year. The brewer also indicated that US tariffs are expected to further impact company profits. The company said it also saw weaker sales in the US over the period, with beer volumes down by 'high' single digits due to weak consumer sentiment. It comes as the company is set to be impacted by the proposed 15 per cent tariff on all EU products imported into the US. In the UK, net revenues, before exceptional items and amortisation, increased by 'low single digits' over the half. Beers and cider volumes dropped, despite strong growth from its Cruzcampo lager brand. Its Murphy's stout brand also saw further growth after being boosted by improved distribution and new draughts. The brand benefited from supply issues from rival stout brand Guinness late last year following soaring demand. Dolf van den Brink, chief executive and chairman, said: 'We continued to invest in future-proofing our business, strengthening our footprint and brand portfolios, funded by productivity savings. 'Our volume performance improved across all regions in the second quarter and continued to be of high quality.'

Wall Street Journal
3 days ago
- General
- Wall Street Journal
The Depopulation Bomb
If humanity's existence were threatened by plague, nuclear war or environmental catastrophe, people would surely demand action. But what if the threat came from our own, passive acceptance of decline? This is not some theoretical curiosity: It is a reasonable extrapolation of globally declining fertility rates.