VF Corp. stock tumbles, withdraws 2024 earnings guidance

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

VF Corporation (VFC) reported fiscal second-quarter results were about in line with Wall Street estimates, with revenue coming in slightly better than...

) reported fiscal second-quarter results were about in line with Wall Street estimates, with revenue coming in slightly better than expected, while earnings fell a little bit shy of expectations. The big news is that the apparel company is withdrawing its previous 2024 earnings and revenue guidance and has announced a turnaround strategy called"Reinvent." Yahoo Finance Live explains the details of the report.

Bill Gates' former assistant is the world's 5th-richest person — and he's close to overtaking the Microsoft cofounder 'The whole banking sector is uninvestable': Famed 'Big Short' investor warns of mounting challenges for banks. Here's what he's betting on insteadBig Canadian bank stocks are still good long-term investments for dividend income. Only care about the stock price when you buy or sell. The post Should You Buy Canadian Bank Stocks? appeared first on The Motley Fool Canada.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA

Canada Canada Latest News, Canada Canada Headlines