$VFC

Whirlpool (WHR) cut its Q2 dividend, while Icahn Enterprises (IEP) saw NAV drop $765M and cash fall 68%. Newell (NWL) beat Q2 earnings due to one-time refunds. Pitney Bowes (PBI) has negative equity but solid cash flow. All companies rely on asset sales to sustain dividends, raising sustainability concerns.

Citizens upgraded J.B. Hunt (JBHT) to Outperform with a $300 target, citing a 18% pullback. Goldman upgraded Sunbelt Rentals (SUNB) to Buy with a $93 target, citing strong Q1 results. Macquarie upgraded Trip.com (TCOM) to Outperform with a $53.20 target, citing Q2 earnings. Citi upgraded Haemonetics (HAE) to Buy with a $123 target, citing a supply agreement. BofA upgraded HawkEye 360 (HAWK) to Buy with a $23 target, citing strong growth. Guggenheim downgraded Lyft (LYFT) to Neutral with a $16 ta

Figs (FIGS) reported Q2 revenue of $196.6M, up 28.8% YoY, beating estimates. Oxford Industries (OXM) reported $394.4M, down 2.2% YoY, missing EPS guidance. VF Corp (VFC) reported $1.67B, up 1.3% YoY, beating revenue estimates but missing EPS. Under Armour (UAA) reported $1.1B, down 3.2% YoY, missing revenue and full-year EPS guidance.

Compass Point upgraded Coinbase (COIN) to Neutral with a $177 price target, citing Bitcoin's cyclical recovery. Wolfe Research upgraded Affirm (AFRM) to Outperform with a $90 target, noting favorable risk/reward. UBS upgraded Allegiant Travel (ALGT) and Zions Bancorp (ZION) with price targets of $107 and $78, respectively. Baird downgraded Nike (NKE) to Neutral with a $44 target, citing concerns post-earnings. Other analysts made various upgrades and downgrades across multiple sectors.

S&P Global Ratings upgraded VF Corp.'s (VFC) outlook to positive, citing improved leverage (3.1x) and profitability. The company expects revenue growth and margin improvements. S&P forecasts leverage to reach 2.8x in 2027 and 2.4x in 2028, with organic revenue growth of at least 2%.

Major apparel brands Nike (NKE), Lululemon (LULU), Under Armour (UAA), and V.F. Corp. (VFC) have seen significant declines in market value over the past five years, with VFC losing 76.3%. Nike reported $46.4B in fiscal 2026 revenue and faces challenges in China. LULU lowered its sales outlook, while UAA and VFC are restructuring. Year-to-date, UAA is up 36%, while others have declined 7%-42%.

Moody's upgraded VF Corp.'s (VFC) outlook to stable from negative, citing debt reduction and improved credit metrics. The company's debt/EBITDA is 3.9x, and EBITA/Interest is 3.1x. Moody's expects further debt reduction and improved metrics by fiscal 2027. VF Corp. generated $9.5B in revenue, with strong performance from North Face, Vans, and Timberland brands.

VF Corp. (VFC) raised its fiscal 2027 revenue outlook to 2%+ growth, citing Q1 performance. Outdoor segment grew 5%, while Vans fell 9%. Management expects Vans to improve in H2. Q1 revenue was flat, beating expectations. VFC maintained its margin and leverage targets. Crocs (CROX) reported record Q2 revenue, while Under Armour (UAA) lowered its full-year outlook.

VF Corporation (VFC) trades at a discount with a forward P/E of 12.23, below industry and historical averages. Its Outdoor segment grew 5% in Q1, but Vans declined 9%. The company aims for an 8% adjusted operating margin in fiscal 2027, with debt reduction progress reported. Crocs (CROX) and Under Armour (UAA) are mentioned as comparisons.

VF Corporation (VFC) shares fell 14.2% in a month due to Vans brand weakness, with Q1 2027 revenues down 9% in constant currency. While The North Face and Timberland grew, Vans' decline poses a risk to VFC's turnaround. Management raised fiscal 2027 revenue guidance to 2% or better. VFC trades at 12.2X forward earnings, below its sub-industry's 14.7X. Earnings estimates declined 2.7% in four weeks.