Plus   Neg

VF Corp. Posting Steep Loss Despite Better Than Expected Quarterly Results

Shares of VF Corp. (VFC) continue to see significant weakness in afternoon trading on Friday after coming under pressure early in the session. After hitting its lowest intraday level in a month, VF is currently down by 3.2 percent.

VF reported better than expected quarterly results but investors have expressed concerns major customer Wal-Mart is turning more toward private label jeans.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
United Airlines pilots have approved a deal to avoid furlough of thousands of pilots at least until June 2021. Microsoft 365 including Outlook, Word, Excel and Teams were hit with a massive outage. It is working to evaluate additional mitigation solutions while it investigates the root cause, Microsoft said in a statement. Pizza Hut's large Original Pan Pizza is now available at locations across the U.S. for $10.99. The fast food chain, a subsidiary of Yum! Brands Inc., said that fans can now get a large Original Pan Pizza with up to three of their favorite toppings, without needing to stretch their wallets. The Original Pan Pizza is a buttery golden-brown color.
Follow RTT