VF Corp Stock Rises as Turnaround Shows Progress
VF Corp. posted a solid second quarter despite weak Van sales. The North Face and Timberland sales each grew 4%, while an analyst described the turnaround as making “authentic progress.”
By Janet H. ChoVF Corp., the maker of clothing and footwear, notched a solid second quarter despite weak sales of Van shoes as it makes what one analyst called "authentic progress" in a turnaround.While sales of The North Face and Timberland each grew 4% in the quarter, with the Americas the strong…