We recently published a list of 10 Firms Drenched in Red Today. In this article, we are going to take a look at where V.F. Corporation (NYSE:VFC) stands against other firms that are drenched in red today.
Ten companies pulled back on Wednesday, booking hefty losses during the trading session, with investor sentiment weighed down by a flurry of government policies and dismal earnings performance in the last quarter of the year.
Meanwhile, the Dow Jones fell by 1.91 percent, the S&P 500 declined by 1.61 percent, and the tech-heavy Nasdaq dropped 1.41 percent.
In this article, let us take a look at the 10 companies that led a poor performance during the day and explore the reasons behind their drop.
To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume.
A model walking down the runway wearing a fashionable and performance-based apparel designed by the company.
V.F. Corporation (NYSE:VFC)
VF Corporation nosedived by 15.80 percent on Wednesday to end at $12.15 apiece after missing analyst estimates for its earnings performance in the fourth quarter and fiscal year 2025.
On Wednesday, V.F. Corporation (NYSE:VFC) said that revenues for the fourth quarter alone dropped by 5 percent to $2.14 billion from $2.25 billion, while revenues for the full-year period declined by 4 percent to $9.5 billion from $9.9 billion in 2023.
Net loss, however, shrank by 64 percent to $151 million from $418 million in the said quarter, while net loss for the full-year period narrowed by 80 percent to $190 million from $969 million year-on-year.
“Revenue for the quarter was in line with our guidance and, excluding Vans, was up versus last year, led by growth at The North Face and Timberland,” said V.F. Corporation (NYSE:VFC) President and CEO Bracken Darrell.
Of its brands, Vans and Dickies logged a decline of 22 percent and 14 percent, respectively, offsetting the 2-percent and 10-percent higher revenues from The North Face and Timberland.
Overall, VFC ranks 1st on our list of firms that are drenched in red today. While we acknowledge the potential of VFC as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than VFC but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.