Vans’ Parent Company Reports Surprise Quarterly Loss, Stock Plummets in After-Hours Trading
Wednesday, 22 May 2024, 22:26
Vans’ Parent Company Quarterly Loss
VF Corp, the parent company of popular brands like Vans and North Face, surprised investors with an adjusted quarterly loss, causing its stock to plummet in after-hours trading. The unexpected decline in financial performance has raised concerns among shareholders and analysts.
North Face Gear and Vans Sneakers
The maker of renowned outdoor gear and trendy sneakers saw its bottom line worsen unexpectedly, leading to a significant market reaction. VF Corp is now under pressure to address the issues affecting its financial health.
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