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PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today released its 2025 Sustainability Report, showing further progress toward the company’s 2030 sustainability targets. Highlights include strong growth in sales from sustainably advantaged products driven by customer demand, as well as reductions in greenhouse gas (GHG) emissions across operations and the value chain, and investments in innovation, culture and communities.

“Sustainability is a core element of our enterprise growth strategy and a critical driver of customer productivity,” said Peter Votruba-Drzal, PPG vice president, global sustainability. “By embedding sustainability into how we innovate and operate, we are delivering measurable value for our customers through high-performing, efficient solutions while strengthening our competitive position and advancing progress toward our 2030 commitments.”

Guided by its validated science-based targets, PPG has made progress in decarbonizing its operations and value chain while expanding its portfolio of sustainably advantaged products that help customers reduce energy use, emissions, water consumption and waste.

Highlights in PPG’s 2025 Sustainability Report include:

43% of sales from sustainably advantaged products, reflecting strong customer demand for solutions that improve productivity and deliver measurable environmental benefits. Examples include advanced powder and electrocoat technologies that help customers lower energy use and emissions. 25% reduction in GHG emissions from PPG’s own operations (scope 1 and 2) compared to the 2019 baseline, driven by energy efficiency improvements, renewable electricity sourcing and process optimization. 5% reduction in value chain (scope 3) GHG emissions across purchased goods and services, customer processing of sold products and end-of-life treatment, supported by increased supplier engagement and expanded data-quality initiatives. 29% reduction in water intensity at priority sites in water-stressed areas, surpassing PPG’s 2030 target for water stewardship. 100% of key suppliers assessed against sustainability and social responsibility criteria, reinforcing PPG’s commitment to responsible sourcing and human rights across its supply chain. $18.1 million invested in communities in 2025. $15 million commitment to extend PPG’s COLORFUL COMMUNITIES® program through 2035 and support the next decade of community revitalization projects. The report also highlights progress in innovation, including the expanded use of digital tools and AI to accelerate product development and reduce lifecycle impacts, as well as its focus on employee safety, engagement and culture.

PPG’s 2025 Sustainability Report is available at ppg.com/sustainability.

PPG: WE PROTECT AND BEAUTIFY THE WORLD®

At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and specialty products that our customers have trusted for more than 140 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 50 countries and reported net sales of $15.9 billion in 2025. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

Colorful Communities, the PPG Logo and We protect and beautify the world are registered trademarks of PPG Industries Ohio, Inc.

Key Takeaways PPG launched Selemix 7-140 topcoat for heavy industrial uses across the EMEA region. PPG said the coating resists UV, chemicals, abrasion and salt spray in harsh conditions. PPG noted the system can achieve C5M certification for high corrosion protection. PPG Industries (PPG - Free Report) has launched the new PPG Selemix 7-140 2K acrylic high-solids topcoat, expanding its industrial coatings portfolio to address rising demand for durable, high-performance finishes across heavy industrial applications in the EMEA region. 

The new topcoat is designed for agricultural equipment, construction machinery, commercial vehicles and industrial components exposed to harsh operating conditions. PPG said the topcoat delivers excellent resistance to humidity, UV exposure, chemicals, abrasion and salt spray while maintaining a smooth, high-gloss finish. 

A key advantage of the Selemix 7-140 topcoat is its flexibility in application. The product is compatible with conventional spray guns, air-assisted airless systems and electrostatic spray equipment, helping manufacturers improve efficiency across different production environments. The coating also offers strong sag resistance for a more consistent finish on complex surfaces. 

PPG noted that when the topcoat is used with Selemix epoxy and polyurethane primers, the system achieves up to C5M certification under ISO 12944-6, indicating a high level of corrosion protection in aggressive industrial and marine environments. 

Per PPG, the launch highlights the company’s focus on providing coating solutions that combine durability, appearance and operational efficiency for industrial customers. 

Shares of PPG are down 3.1% in the past year compared with the industry’s 2.7% growth. 

Image Source: Zacks Investment Research

PPG Zacks Rank & Key PicksPPG currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks in the Basic Materials space are Nucor Corporation (NUE - Free Report) , L.B. Foster Company (FSTR - Free Report)  and Albemarle Corporation (ALB - Free Report) . NUE, FSTR and ALB sport a Zacks Rank of #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for NUE’s current-year earnings stands at $14.58 per share, implying a 89.1% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in two of the trailing four quarters and missed twice, with the average surprise being 8.1%. 

The Zacks Consensus Estimate for FSTR’s current-year earnings is pegged at $1.74 per share, implying a 152.2% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in one of the trailing four quarters and missed thrice, with the average surprise being 3.62%. 

The Zacks Consensus Estimate for ALB’s current-year earnings is pegged at $12.45 per share, indicating a 1,675.9% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with the average surprise being 74.5%. 

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced the publication of a white paper, Electrostatic Application of Marine Hull Coatings, detailing how this advanced application technology can help ship owners and operators improve efficiency and reduce environmental impact.

Electrostatic application is just one piece of the puzzle. Combined with advanced hull coating performance, it contributes to a more effective sustainability solution.

Share Electrostatic application works by negatively charging paint particles at the spray gun nozzle while the substrate is grounded, causing the coating to be attracted to the surface like a magnet. Compared with traditional spraying, the process improves transfer efficiency and reduces overspray, resulting in a more uniform coating application. In one case study, the EDR Antwerp shipyard reported a 40% reduction in overspray.

“Electrostatic application is a breakthrough process innovation that, combined with our chemistry innovation, delivers improved productivity and sustainability for our shipyard customers,” said Jan Willem Tegelaar, PPG global platform director, marine coatings. “It has already revolutionized the automotive and aerospace industries; building on this cross-industry expertise, we have adapted the technology and developed compatible fouling control coatings to save time and reduce waste without disrupting existing workflows for marine vessels.”

The process supports reduced waste and Scope 3 carbon lifecycle savings compared to traditional application methods, as significant reduction in paint consumption means fewer raw materials need to be extracted, manufactured or transported. These reductions are in addition to the operational carbon savings achieved by vessels coated with low-friction solutions, which can help ship owners reduce Scope 1 emissions.

“Electrostatic application is just one piece of the puzzle. Combined with advanced hull coating performance, it contributes to a more effective sustainability solution,” said Joanna van Helmond, PPG product development director, marine fouling control, Protective and Marine Coatings. “Friction caused by biofouling can account for 50% of a ship’s total drag1, leading to higher fuel consumption. By applying solutions such as PPG SIGMAGLIDE® 2390 coating electrostatically, we can create a smoother, glossier film that reduces hydrodynamic resistance. This in turn leads to lower fuel consumption and greenhouse gas (GHG) emissions.”

Topics covered in the white paper include:

The history of electrostatic spray technology and how it works. Operational advantages of electrostatic application for shipyards and owners. The role of hull coatings in supporting the International Maritime Organization (IMO) decarbonization goals and improving vessel efficiency. In addition, PPG will present its 360 degree approach to marine coatings, including low-friction hull coatings, electrostatic application and digital tools, at the Posidonia International Shipping Exhibition (Stand 3.104) under the theme Reach New Horizons of Sustainability and Performance.

The white paper is available for download here. To learn more about PPG’s Protective and Marine Coatings business, visit ppg.com/pmc.

1) Youngrong Kim, Refik Ozyurt, Underestimated penalty of hull fouling: A scenario-based analysis of GHG emissions from global shipping, Applied Ocean Research, Volume 165, 2025, https://doi.org/10.1016/j.apor.2025.104870.

PPG: WE PROTECT AND BEAUTIFY THE WORLD®

At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and specialty products that our customers have trusted for more than 140 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 50 countries and reported net sales of $15.9 billion in 2025. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

The PPG Logo and We Protect and Beautify the World are registered trademarks of PPG Industries Ohio, Inc.

Sigmaglide is a registered trademark of PPG Coatings Nederland B.V.

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced the appointment of John Smith to vice president, architectural coatings, EMEA, effective July 1, 2026. He will report to Henrik Bergström, senior vice president, global architectural coatings. Smith will succeed Steve Pocock, who has announced his decision to retire effective June 30, 2026.

“With more than 25 years of international leadership experience, John brings a strong track record of driving profitable growth across consumer and B2B organizations,” said Bergström. “His deep commercial expertise, global mindset and passion for developing high-performing teams positions him well to lead our architectural coatings EMEA business into its next phase of growth.”

Most recently, Smith served as executive vice president and general manager at Signify, where he led the global connected lighting business and had responsibility across strategy, innovation, marketing, sales and operations. Prior to this role, he held senior leadership positions at Philips, where he led global and regional businesses across the consumer health, grooming and home care categories.

Pocock joined Sigma Kalon in early 2000, which was later acquired by PPG, as a national accounts controller. He progressed through a number of commercial roles of increasing responsibility before his appointment as general manager, architectural coatings, UK and Ireland, in 2010. Pocock was then appointed general manager, architectural coatings, EMEA north and China, before being named vice president, architectural coatings in 2019. He was then named to his most recent role leading the region’s architectural coatings commercial organization in 2024.

“Throughout his career, Steve has been deeply committed to building strong, high-performing and engaged teams,” said Bergström. “His relentless energy, enthusiasm and determination to win have delivered record levels of growth. He has also developed and mentored countless colleagues, leaving a lasting legacy across the organization. His presence, support and leadership will be greatly missed by all who have had the privilege of working with him.”

PPG: WE PROTECT AND BEAUTIFY THE WORLD®

At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and specialty products that our customers have trusted for more than 140 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 50 countries and reported net sales of $15.9 billion in 2025. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

The PPG Logo and We protect and beautify the world are registered trademarks of PPG Industries Ohio, Inc.

Key Takeaways PPG showcased innovation-led growth in its 100-year Aerospace business.PPG highlighted a differentiated value proposition with specialized, qualified products for aviation.PPG showcased Seal Caps, ARE 3D Printed Sealants and AEROCRON electrocoat primer to boost efficiency. PPG Industries, Inc. (PPG - Free Report) recently hosted an in-depth session for the analyst community, showcasing how innovation is driving growth across its Aerospace business. The event highlighted the segment’s 100-year legacy as a leader in transparencies, coatings, and sealants for commercial aviation, military, and general aviation customers.

During the presentation, PPG emphasized its differentiated customer value proposition built on a broad range of highly specialized and qualified products and services. It also underscored innovation as its key strategic advantage that enhances product performance and improves operations. PPG’s long-term growth through strategic investments in innovation and capacity expansion was also highlighted.

Several technologies were featured during the event, including PPG PRC Seal Caps, a sealant solution designed to improve productivity and efficiency for aircraft manufacturers. The company also showcased PPG ARE 3D Printed Sealants, a technology that delivers higher precision, efficiency, and reduced waste. In addition, PPG highlighted PPG AEROCRON Electrocoat Primer, a chrome-free coating solution developed specifically for the aerospace industry.

The PPG Aerospace segment was presented as a business powered through organic growth and innovative technology offerings and customer solutions, making it a unique selection amongst the analyst community.

PPG has gained 3% over the past year compared with the industry’s 0.7% decline.

Image Source: Zacks Investment Research

PPG expects second-quarter organic sales and adjusted earnings per share to range from flat to low single-digit growth year over year. Management reaffirmed its full-year 2026 adjusted earnings guidance range of $7.70 to $8.10 per share.

The outlook assumes continued momentum from share gains and self-help actions, alongside an updated view of global economic activity, foreign exchange rates and regional mix. Management highlighted growth opportunities in aerospace, architectural coatings in Latin America, protective and marine coatings and packaging coatings, while anticipating an improvement in automotive refinish in the back half of the year, tied to customer order phasing.

PPG’s Zacks Rank & Key PicksPPG currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks in the Basic Materials space are CF Industries Holdings, Inc. (CF - Free Report) , Albemarle Corporation (ALB - Free Report) and Avino Silver & Gold Mines Ltd. (ASM - Free Report) .

While ALB sports a Zacks Rank #1 (Strong Buy) at present, CF and ASM carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for CF’s 2026 earnings is pegged at $17.16 per share, indicating a rise of 83.14% year over year. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 11.42%. CF’s shares have soared 14% over the past year.

The Zacks Consensus Estimate for ALB’s 2026 earnings is pinned at $12.39 per share, indicating a 1,668.35% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with an average surprise of 74.5%. ALB’s shares have jumped 134.0038% over the past year.

The Zacks Consensus Estimate for ASM’s current fiscal-year earnings is pinned at 39 cents per share, indicating a 34.48% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 125%.

DENVER--(BUSINESS WIRE)--VF Corporation (NYSE: VFC) today reported financial results for its fourth quarter (Q4'26) ended March 28, 2026, and the Company's Board of Directors authorized a quarterly per share dividend of $0.09. These financial results are also reflected in a presentation available on the Investor Relations website at ir.vfc.com.

Bracken Darrell, President and CEO, said: “For the first time in three years, we returned to a full year of growth and expect to keep growing in FY'27. We also significantly expanded margins and reduced our leverage ratio by a full turn vs. LY. In the fourth quarter, we delivered our strongest revenue performance since I joined VF. Both The North Face® and Timberland® continued to deliver global growth. Vans® is starting to show momentum with a return to growth in Americas DTC for the first time in over four years. We remain on track to achieve our medium-term targets, an exit run rate of 10% operating margin in FY'28 and a leverage ratio of 2.5x or lower by FY'28. This has been a strong year for VF and I'm excited about the momentum we are building.”

Disclosed Q4’26 and FY'26 figures are shown on both reported and adjusted excluding Dickies® (“ex Dickies®”) bases

Returned to growth for the full year in FY'26 with expanding margins and reduced debt

Revenue +1% vs. LY Revenue ex Dickies® +4% vs. LY or +1% C$ Recall Dickies® was sold during Q3'26 FY'26 gross margin (GM) of 54.8%, up 130 bps vs. LY Adjusted GM ex Dickies® of 55.2%, up 110 bps vs. LY FY'26 operating income (OI) of $577M and operating margin (OM) of 6.0%, up 280 bps vs. LY Adjusted OI ex Dickies® of $650M and adjusted OM ex Dickies® of 7.0%, up 110 bps vs. LY FY'26 free cash flow1 of $405M, up over $90M vs. LY FYE'26 leverage ratio of 3.1x vs. LY of 4.1x, and vs. FYE'24 of 5.1x Q4’26 revenue growth driven by momentum in the Americas; Q4’26 OI ahead of guidance

Revenue +1% vs. LY Revenue ex Dickies® +8% vs. LY or +3% C$, ahead of guidance of flat to +2% C$ vs. LY Strongest revenue performance in three years (C$, ex Dickies®) Americas region +2% vs. LY; ex Dickies® +10% C$, the region's highest growth since Q1'23 The North Face® +12% vs. LY or +7% C$, with the Americas +17% vs. LY or +16% C$ Vans® (1%) vs. LY or (5%) C$, with a return to growth in Americas DTC Timberland® +8% vs. LY or +2% C$ Q4'26 OI of $62M Adjusted OI ex Dickies® of $54M, ahead of guidance of $10M to $30M; normalized2 OI within guidance range Reinstating annual guidance effective FY'27 with continued growth and expanding margins

Revenue +1% to +2% C$ vs. LY3 Adjusted OM of approximately 8% Free cash flow flat to up vs. LY1 of $405M FYE'27 leverage ratio of 2.6x to 2.9x 1 Excludes $100M net impact of pension termination in FY'26
2 Normalized for tariff receivable and offsetting charges, including restructuring costs
3 Revenue performance excludes Dickies® in FY'26

Webcast Information

VF management will host its fourth quarter Fiscal 2026 conference call beginning at approximately 8:00 a.m. ET today. The conference call will be broadcast live via the Internet, accessible at ir.vfc.com. For those unable to listen to the live broadcast, an archived version will be available at the same location.

Dividend Declared

VF’s Board of Directors declared a quarterly dividend of $0.09 per share. This dividend will be payable on June 18, 2026, to shareholders of record at the close of business on June 10, 2026.

About VF

VF Corporation is a portfolio of leading outdoor and active brands, including The North Face®, Vans®, and Timberland®. VF is committed to providing consumers with innovative products that are rooted in performance and elevated design, while delivering sustainable and long-term value for its employees, communities, and shareholders. For more information, please visit vfc.com.

Financial Presentation Disclosure

All per share amounts are presented on a diluted basis. This release refers to “reported” (R$) and “constant dollar” (C$) or “constant currency” amounts, terms that are described under the heading below “Constant Currency - Excluding the Impact of Foreign Currency.” Unless otherwise noted, “reported” and “constant dollar” or “constant currency” amounts are the same, and amounts will be as “reported” unless otherwise specified. This release also refers to “continuing” and “discontinued” operations amounts, which are concepts described under the heading “Discontinued Operations - Supreme.” Unless otherwise noted, results presented are based on continuing operations. This release also refers to results “excluding Dickies®” and “Adjusted excluding Dickies”, which are described under the heading “Dickies Divestiture”. This release also refers to “adjusted” amounts, a term that is described under the heading “Adjusted Amounts - Excluding Reinvent, Transaction and Deal Related Activities, Pension Settlement Charges, Pension Excise Tax and Non-cash Impairment Charge”. Unless otherwise noted, “reported” and “adjusted” amounts are the same. VF operates and reports using a 52/53 week fiscal year ending on the Saturday closest to March 31 of each year. This release refers to VF's fourth quarter of Fiscal 2026 as Q4'26, and similarly Q4'25 denotes VF's fourth quarter of Fiscal 2025, etc. VF defines “free cash flow” as cash flow from continuing operations less capital expenditures and software purchases and defines “net debt” as long-term debt, the current portion of long-term debt, short-term borrowings, and operating lease liabilities, less cash and cash equivalents per VF's consolidated balance sheet and defines “leverage” as net debt to adjusted earnings before interest, taxes, depreciation and amortization (“EBITDA”), which excludes operating lease cost. See the supplemental financial information included with this release for a calculation of adjusted EBITDA, including a reconciliation to the nearest U.S generally accepted accounting principles (“GAAP”) financial measure.

Change in Reportable Segments

VF realigned its reportable segments in the first quarter of Fiscal 2026. VF's updated reportable segments are Outdoor and Active. We have included an “All Other” category for the remaining operating segments that do not meet the quantitative threshold to be disclosed as a separate reportable segment. VF's financial results in this release reflect the new segments for all periods presented.

Dickies Divestiture

On September 15, 2025, VF entered into a definitive agreement with Bluestar Alliance LLC to sell the Dickies® brand business (“Dickies”) and on November 12, 2025, VF completed the sale of Dickies. “Reported” amounts present VF's Fiscal 2026 results in accordance with GAAP and include Dickies results in continuing operations through the date of sale, as the Dickies sale did not qualify for discontinued operations presentation under GAAP. References to results “excluding Dickies®” and “Adjusted excluding Dickies” exclude the results of Dickies for all periods presented. VF believes this non-GAAP presentation provides investors with useful information regarding VF’s current business trends and performance of VF’s operations, post the closing of the sale of Dickies.

Discontinued Operations - Supreme

On July 16, 2024, VF entered into a definitive Stock and Asset Purchase Agreement with EssilorLuxottica S.A. to sell the Supreme® brand business (“Supreme”). On October 1, 2024, VF completed the sale of Supreme. Accordingly, the company has reported the related held-for-sale assets and liabilities as assets and liabilities of discontinued operations and included the operating results and cash flows of the business in discontinued operations for all periods presented, through the date of sale.

Constant Currency - Excluding the Impact of Foreign Currency

This release refers to “reported” amounts in accordance with GAAP, which include translation and transactional impacts from foreign currency exchange rates. This release also refers to both “constant dollar” and “constant currency” amounts, which exclude the impact of translating foreign currencies into U.S. dollars. Reconciliations of GAAP measures to constant currency amounts are presented in the supplemental financial information included with this release, which identifies and quantifies all excluded items, and provides management’s view of why this information is useful to investors.

Adjusted Amounts - Excluding Reinvent, Transaction and Deal Related Activities, Pension Settlement Charges, Pension Excise Tax and Non-cash Impairment Charge

The adjusted amounts in this release exclude costs related to Reinvent, VF's transformation program. Costs, including restructuring charges and project-related costs, were approximately ($8) million in the fourth quarter of Fiscal 2026 and $44 million in Fiscal 2026.

The adjusted amounts in this release exclude transaction and deal related activities associated with the divestiture of Dickies, including expenses and the final pre-tax gain on sale. Total transaction and deal related activities included expenses of approximately $10 million in Fiscal 2026 and a final pre-tax gain on sale of approximately $127 million in Fiscal 2026, which included a reduction to the gain to reflect working capital adjustments of approximately $12 million in the three months ended March 2026.

The adjusted amounts in this release exclude non-cash pension settlement charges of approximately $158 million in the fourth quarter of Fiscal 2026 and $192 million in Fiscal 2026. The pension settlement charges related to the termination of the U.S. qualified plan, which was completed as of the end of Fiscal 2026.

The adjusted amounts in this release exclude pension excise tax of approximately $25 million in the fourth quarter of Fiscal 2026 and in Fiscal 2026, related to the termination of the U.S. qualified plan.

The adjusted amounts in this release exclude a non-cash impairment charge related to the Napapijri reporting unit goodwill of approximately $31 million in Fiscal 2026.

Combined, the above items negatively impacted earnings per share by $0.30 during the fourth quarter of Fiscal 2026 and $0.20 during Fiscal 2026. All adjusted amounts referenced herein exclude the effects of these amounts.

Reconciliations of measures calculated in accordance with GAAP to adjusted amounts are presented in the supplemental financial information included with this release, which identifies and quantifies all excluded items, and provides management’s view of why this information is useful to investors. The company does not provide a reconciliation of forward-looking measures where the company believes such a reconciliation would imply a degree of precision and certainty that could be confusing to investors and is unable to reasonably predict certain items contained in the GAAP measures without unreasonable efforts. This is due to the inherent difficulty of forecasting the timing or amount of various items that have not yet occurred and are out of the company's control or cannot be reasonably predicted. For the same reasons, the company is unable to address the probable significance of the unavailable information.

Forward-looking Statements

Certain statements included in this release are “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are made based on VF’s expectations and beliefs concerning future events impacting VF and therefore involve several risks and uncertainties. Words such as “will,” “anticipate,” “believe,” “estimate,” “expect,” “should,” and “may” and other words and terms of similar meaning or use of future dates may be used to identify forward-looking statements, however, the absence of these words or similar expressions does not mean that a statement is not forward-looking. All statements regarding VF’s plans, objectives, projections and expectations relating to VF’s operations or financial performance, and assumptions related thereto, are forward-looking statements. Forward-looking statements are not guarantees, and actual results could differ materially from those expressed or implied in the forward-looking statements. VF undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Potential risks and uncertainties that could cause the actual results of operations or financial condition of VF to differ materially from those expressed or implied by forward-looking statements include, but are not limited to: the level of consumer demand for apparel, footwear, equipment, and accessories; disruption to VF’s distribution system; changes in global economic conditions and the financial strength of VF’s consumers and customers, including as a result of current inflationary pressures; fluctuations in the price, availability and quality of raw materials and finished products, including as a result of tariffs and geopolitical conflicts; disruption and volatility in the global capital and credit markets; VF’s response to changing fashion trends, evolving consumer preferences and changing patterns of consumer behavior; VF’s ability to maintain the image and value of its brands, including through investment in brand building and product innovation; intense competition from online retailers and other direct-to-consumer business risks; increasing pressure on margins; fluctuations in sales and operating income due to the seasonal nature of its business; retail industry changes and challenges; VF's ability to execute its turnaround program, “The VF Way” operating principles, and other business priorities, including measures to grow revenue and expand margins, streamline and right-size its cost base and strengthen the balance sheet while reducing leverage; VF’s ability to successfully establish a global commercial organization, and identify and capture efficiencies in its business model; any inability of VF or third parties on which it relies to maintain the strength and security of information technology systems; the fact that VF’s facilities and systems, and those of third parties on which it relies, are frequent targets of cyberattacks of varying levels of severity, and may in the future be vulnerable to such attacks, and any inability or failure by VF or such third parties to anticipate or detect data or information security breaches or other cyberattacks, could result in data or financial loss, reputational harm, business disruption, damage to VF’s relationships with customers, consumers, employees and third parties on which it relies, litigation, regulatory investigations, enforcement actions or other negative impacts; any inability by VF or third parties on which it relies to properly collect, use, manage and secure business, consumer and employee data and comply with privacy and security regulations; VF’s ability to adopt new technologies, including artificial intelligence, in a competitive and responsible manner; foreign currency fluctuations; stability of VF’s vendors' manufacturing facilities and VF's ability to establish and maintain effective supply chain capabilities; continued use by VF’s suppliers of ethical business practices; VF’s ability to accurately forecast demand for products; actions of activist and other shareholders; VF’s ability to recruit, develop or retain key executive or employee talent or successfully transition executives; changes in the availability and cost of labor; VF’s ability to protect trademarks and other intellectual property rights; possible goodwill and other asset impairment; maintenance by VF’s licensees and distributors of the value of VF’s brands; VF’s ability to execute acquisitions and dispositions, integrate acquisitions and manage its brand portfolio; VF’s ability to execute, and realize benefits, successfully, or at all, from the completed sale of the Dickies® brand; business resiliency in response to natural or man-made economic, public health, cyber, political or environmental disruptions, including any potential effects from changes in tariffs and international trade policy, or a U.S. federal government shutdown; changes in tax laws and additional tax liabilities; legal, regulatory, political, economic, and geopolitical risks, including those related to the current conflicts in Europe, the Middle East and Asia and tensions between the U.S. and China; changes to laws and regulations; adverse or unexpected weather conditions, including any potential effects from climate change; VF’s indebtedness and its ability to obtain financing on favorable terms, if needed, could prevent VF from fulfilling its financial obligations; VF’s ability to pay and declare dividends or repurchase its stock in the future; climate risks and increased focus on environmental, social and governance issues; VF’s ability to execute on its sustainability strategy and achieve its sustainability-related targets; risks arising from the widespread outbreak of an illness or any other communicable disease, or any other public health crisis; litigation, regulatory proceedings, or any other claims asserted against VF; and tax risks associated with the spin-off of the Jeanswear business completed in 2019. More information on potential factors that could affect VF’s financial results is included from time to time in VF’s public reports filed or furnished with the U.S. Securities and Exchange Commission (SEC), including VF’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Forms 8-K.

VF CORPORATION

Supplemental Financial Information

Reconciliation of Select GAAP Measures to Non-GAAP Measures - Three and Twelve Months Ended March 2026

(Unaudited)

(In thousands, except per share amounts)

Three Months Ended March 2026

As Reported under GAAP

Reinvent (a)

Impairment, Pension Settlement Charges and Pension Excise Tax (b)

Transaction and Deal Related Activities (c)

Adjusted

Less: Adjusted Contribution from Dickies (d)

Adjusted Excluding Dickies

Revenues

$

2,166,034

$

—

$

—

$

—

$

2,166,034

$

—

$

2,166,034

Gross profit

1,221,928

—

—

—

1,221,928

—

1,221,928

Percent

56.4

%

56.4

%

56.4

%

Selling, general and administrative expenses

1,160,424

7,634

—

—

1,168,058

—

1,168,058

Percent

53.6

%

53.9

%

53.9

%

Operating income

61,504

(7,634

)

—

—

53,870

—

53,870

Percent

2.8

%

2.5

%

2.5

%

Diluted loss per share from continuing operations (e)

(0.30

)

(0.01

)

0.29

0.03

0.00

0.00

0.00

Twelve Months Ended March 2026

As Reported under GAAP

Reinvent (a)

Impairment, Pension Settlement Charges and Pension Excise Tax (b)

Transaction and Deal Related Activities (c)

Adjusted

Less: Adjusted Contribution from Dickies (d)

Adjusted Excluding Dickies

Revenues

$

9,605,207

$

—

$

—

$

—

$

9,605,207

$

309,255

$

9,295,952

Gross profit

5,261,715

4,257

—

—

5,265,972

136,662

5,129,310

Percent

54.8

%

54.8

%

55.2

%

Selling, general and administrative expenses

4,654,430

(39,473

)

—

(10,194

)

4,604,763

125,428

4,479,335

Percent

48.5

%

47.9

%

48.2

%

Operating income

576,569

43,730

30,716

10,194

661,209

11,235

649,974

Percent

6.0

%

6.9

%

7.0

%

Diluted earnings per share from continuing operations (e)

0.64

0.08

0.43

(0.32

)

0.84

0.02

0.82

Notes:

(a) Costs related to Reinvent, VF's transformation program, including restructuring charges and project-related costs, were ($7.6) million and $43.7 million in the three and twelve months ended March 2026, respectively. These costs related primarily to severance and employee-related benefits and expenses related to the engagement of a consulting firm to support VF's transformation journey. VF entered into a contract with a consulting firm during the second quarter of Fiscal 2025, with services under the contract substantially completed in the third quarter of Fiscal 2026. In addition to payment for services, the contract includes contingent fees tied to increases in VF's stock price through June 2027. Expenses related to the contract, including contingent fees, were ($4.1) million and $21.2 million in the three and twelve months ended March 2026, respectively. Reinvent resulted in a net tax expense of $1.8 million and a net tax benefit of $10.0 million in the three and twelve months ended March 2026, respectively.

The Company incurred $205.0 million in total restructuring charges in connection with Reinvent. Substantially all restructuring actions were completed at the end of the first quarter of Fiscal 2026. Total fees associated with the contract with the consulting firm could be up to $146.0 million, with $75.0 million of the fees contingent on increases to VF’s stock price through June 2027.

(b) VF recognized a non-cash impairment charge related to the Napapijri reporting unit goodwill of $30.7 million during the twelve months ended March 2026.

Non-cash pension settlement charges of $158.1 million and $192.1 million were recorded in the other income (expense), net line item during the three and twelve months ended March 2026, respectively, related to the termination of the U.S. qualified plan, which was completed as of the end of Fiscal 2026.

Pension excise tax of $25.1 million was recorded in the other income (expense), net line item during the three and twelve months ended March 2026, related to the termination of the U.S. qualified plan.

The impairment, pension settlement charges and pension excise tax resulted in a net tax benefit of $68.9 million and $78.3 million in the three and twelve months ended March 2026, respectively.

(c) Transaction and deal related activities include costs associated with the divestiture of Dickies, which totaled $10.2 million for the twelve months ended March 2026. Additionally, the activities include a working capital adjustment of $11.9 million as a reduction to the pre-tax gain on sale related to the divestiture of Dickies and a $127.2 million final pre-tax gain on sale related to Dickies, which were recorded in the other income (expense), net line item in the Consolidated Statements of Operations in the three and twelve months ended March 2026, respectively. The transaction and deal related activities resulted in a net tax benefit of $1.8 million and $7.7 million in the three and twelve months ended March 2026, respectively.

(d) The “Adjusted Contribution from Dickies” column represents the operating results of Dickies for the twelve months ended March 2026 on an adjusted basis. This column excludes transaction and deal related costs as described above. The adjusted contribution from Dickies resulted in a net tax expense of $3.3 million for the twelve months ended March 2026.

(e) Amounts shown in the table have been calculated using unrounded numbers. The diluted earnings (loss) per share impacts were calculated using 391,371,000 and 395,875,000 weighted average common shares for the three and twelve months ended March 2026, respectively.

Non-GAAP Financial Information

The financial information above has been presented on a GAAP basis, on an adjusted basis, which excludes the impact of Reinvent, an impairment charge, pension settlement charges, pension excise tax, and transaction and deal related activities, and on an adjusted basis excluding Dickies, which also excludes the operating results of Dickies on an adjusted basis. These adjusted presentations provides non-GAAP measures and are not based on any comprehensive set of accounting rules or principles. Management believes these measures provide investors with useful supplemental information regarding VF's underlying business trends and the performance of VF's ongoing operations and are useful for period-over-period comparisons of such operations.

Management uses the above financial measures internally in its budgeting and review process and, in some cases, as a factor in determining compensation. While management believes that these non-GAAP financial measures are useful in evaluating the business, this information should be considered as supplemental in nature and should be viewed in addition to, and not in lieu of or superior to, VF's operating performance measures calculated in accordance with GAAP. In addition, these non-GAAP financial measures may not be the same as similarly titled measures presented by other companies. These measures should be used to evaluate the Company's results of operations only in conjunction with the corresponding GAAP measures.

VF CORPORATION

Supplemental Financial Information

Reconciliation of Select GAAP Measures to Non-GAAP Measures - Twelve Months Ended March 2026

(Unaudited)

(In thousands, except per share amounts)

Twelve Months Ended March 2026

Operating income - as reported under GAAP

$

576,569

Adjustments to operating income:

Reinvent (a)

43,730

Impairment charge (b)

30,716

Transaction and deal related activities (c)

10,194

Adjusted operating income

661,209

Other income (expense), net - as reported under GAAP

(86,608

)

Adjustments to other income (expense), net:

Reinvent (d)

(531

)

Pension settlement charges and pension excise tax (e)

217,156

Transaction and deal related activities (f)

(127,211

)

Adjusted other income (expense), net

2,806

Depreciation, amortization and other asset write-downs - as reported

280,529

Adjustments to depreciation, amortization and other asset write-downs:

Reinvent (g)

(2,837

)

Transaction and deal related activities (h)

(10,079

)

Adjusted depreciation, amortization and other asset write-downs

267,613

Operating lease cost

411,339

Adjusted EBITDA

$

1,342,967

Notes:

(a) Costs related to Reinvent, VF's transformation program, including restructuring charges and project-related costs, which totaled $43.7 million. These costs related primarily to severance and employee-related benefits and expenses related to the engagement of a consulting firm to support VF's transformation journey.

(b) Non-cash impairment charge related to the Napapijri reporting unit goodwill of $30.7 million.

(c) Transaction and deal related activities include costs associated with the divestiture of Dickies, which totaled $10.2 million.

(d) Curtailment gains of $0.5 million, related to Reinvent, recorded within the other income (expense), net line item related to employee exits from an international plan resulting from restructuring actions.

(e) Non-cash pension settlement charges of $192.1 million and pension excise tax of $25.1 million were recorded in the other income (expense), net line item related to the termination of the U.S. qualified plan, which was completed as of the end of Fiscal 2026.

(f) Transaction and deal related activities include the final pre-tax gain related to the divestiture of Dickies of $127.2 million, which was recorded in the other income (expense), net line item.

(g) Asset impairments and write-downs of $2.8 million related to Reinvent.

(h) Asset impairments and write-downs of $10.1 million associated with the divestiture of Dickies.

Non-GAAP Financial Information

The financial information above has been presented on a GAAP basis and on an adjusted basis, which excludes the impact of Reinvent, an impairment charge, pension settlement charges, pension excise tax, transaction and deal related activities, depreciation, amortization and other asset write-downs, and operating lease cost. The adjusted presentation and adjusted EBITDA provide non-GAAP measures. Management uses these measures in calculating VF’s net debt leverage ratio, which is a key ratio used by management, investors and rating agencies to assess our ability to meet our debt obligations.

While management believes these non-GAAP financial measures are useful for the above purpose, this information should be considered as supplemental in nature and should be viewed in addition to, and not in lieu of or superior to, VF's operating performance measures calculated in accordance with GAAP. In addition, these non-GAAP financial measures may not be the same as similarly titled measures presented by other companies.

Three Months Ended March 2025

As Reported

under GAAP

Reinvent (a)

Impairment Charges (b)

Transaction and Deal Related Activities (c)

Adjusted

Less: Adjusted Contribution from Dickies (d)

Adjusted Excluding Dickies

Revenues

$ 2,143,771

$ —

$ —

$ —

$ 2,143,771

$ 139,272

$ 2,004,499

Gross profit

1,142,456

1,560

—

—

1,144,016

60,741

1,083,275

Percent

53.3%

53.4%

54.0%

Selling, general and administrative expenses

1,177,101

(54,674)

—

—

1,122,427

55,134

1,067,293

Percent

54.9%

52.4%

53.2%

Operating income (loss)

(72,887)

56,234

38,242

—

21,589

5,607

15,982

Percent

(3.4%)

1.0%

0.8%

Diluted earnings (loss) per share from continuing operations (e)

(0.39)

0.16

0.10

0.00

(0.13)

0.01

(0.14)

Twelve Months Ended March 2025

As Reported

under GAAP

Reinvent (a)

Impairment Charges (b)

Transaction and Deal Related Activities (c)

Adjusted

Less: Adjusted Contribution from Dickies (d)

Adjusted Excluding Dickies

Revenues

$ 9,504,691

$ —

$ —

$ —

$ 9,504,691

$ 542,065

$ 8,962,626

Gross profit

5,083,865

1,972

—

—

5,085,837

233,467

4,852,370

Percent

53.5%

53.5%

54.1%

Selling, general and administrative expenses

4,690,850

(160,672)

—

(490)

4,529,688

206,738

4,322,950

Percent

49.4%

47.7%

48.2%

Operating income

303,773

162,644

89,242

490

556,149

26,730

529,419

Percent

3.2%

5.9%

5.9%

Diluted earnings per share from continuing operations (e)

0.18

0.36

0.20

0.00

0.74

0.06

0.67

Notes:

(a) Costs related to Reinvent, VF's transformation program, including restructuring charges and project-related costs, were $56.2 million and $162.6 million in the three and twelve months ended March 2025, respectively. These costs related primarily to severance and employee-related benefits and expenses related to the engagement of a consulting firm to support VF's transformation journey. VF entered into a contract with a consulting firm during the second quarter of Fiscal 2025, with services under the contract substantially completed in the third quarter of Fiscal 2026. In addition to payment for services, the contract includes contingent fees tied to increases in VF's stock price through June 2027. Expenses related to the contract, including contingent fees, were $16.4 million and $76.4 million in the three and twelve months ended March 2025, respectively. Reinvent resulted in a net tax expense of $5.5 million and a net tax benefit of $21.2 million in the three and twelve months ended March 2025, respectively.

(b) VF recognized a non-cash goodwill impairment charge related to the Icebreaker reporting unit of $38.2 million during the three months ended March 2025. During the twelve months ended March 2025, VF recognized non-cash impairment charges related to the Dickies indefinite-lived trademark intangible asset and Icebreaker reporting unit goodwill of $51.0 million and $38.2 million, respectively. The impairment charges resulted in a net tax benefit of $10.5 million in the twelve months ended March 2025. Because Dickies is not considered a discontinued operation, the impairment is considered an adjustment to derive the Adjusted non-GAAP measure.

(c) Transaction and deal related activities reflect activities associated with the review of strategic alternatives for the Global Packs business, consisting of the Kipling®, Eastpak® and JanSport® brands, which totaled $0.5 million for the twelve months ended March 2025. The transaction and deal related activities resulted in a net tax benefit of $0.1 million in the twelve months ended March 2025.

(d) The “Adjusted Contribution from Dickies” column represents the operating results of Dickies for the three and twelve months ended March 2025 on an adjusted basis. This column excludes a non-cash impairment charge as described above. The adjusted contribution from Dickies resulted in a net tax expense of $1.5 million and $5.6 million for the three and twelve months ended March 2025, respectively.

(e) Amounts shown in the table have been calculated using unrounded numbers. The diluted earnings (loss) per share impacts were calculated using 389,605,000 and 392,571,000 weighted average common shares for the three and twelve months ended March 2025, respectively.

Non-GAAP Financial Information

The financial information above has been presented on a GAAP basis, on an adjusted basis, which excludes the impact of Reinvent, impairment charges and transaction and deal related activities, and on an adjusted basis excluding Dickies, which also excludes the operating results of Dickies on an adjusted basis. These adjusted presentations provides non-GAAP measures and are not based on any comprehensive set of accounting rules or principles. Management believes these measures provide investors with useful supplemental information regarding VF's underlying business trends and the performance of VF's ongoing operations and are useful for period-over-period comparisons of such operations.

Management uses the above financial measures internally in its budgeting and review process and, in some cases, as a factor in determining compensation. While management believes that these non-GAAP financial measures are useful in evaluating the business, this information should be considered as supplemental in nature and should be viewed in addition to, and not in lieu of or superior to, VF's operating performance measures calculated in accordance with GAAP. In addition, these non-GAAP financial measures may not be the same as similarly titled measures presented by other companies. These measures should be used to evaluate the Company's results of operations only in conjunction with the corresponding GAAP measures.

VF CORPORATION

Supplemental Financial Information

Reportable Segment Information - Constant Currency Basis

(Unaudited)

(In thousands, except per share amounts)

Three Months Ended March 2026

As Reported
under GAAP

Adjust for Foreign

Currency Exchange

Constant Currency

Revenues:

Outdoor segment

$

1,339,839

$

(66,250

)

$

1,273,589

Active segment

588,695

(25,342

)

563,353

All Other

237,500

(12,059

)

225,441

Total revenues

$

2,166,034

$

(103,651

)

$

2,062,383

Segment profit (loss):

Outdoor segment

$

175,004

$

(11,158

)

$

163,846

Active segment

(14,921

)

(2,096

)

(17,017

)

Total segment profit

160,083

(13,254

)

146,829

Corporate and other expenses (a)

(321,613

)

1,077

(320,536

)

Interest expense, net

(26,803

)

(825

)

(27,628

)

“All Other” profit

25,004

(1,232

)

23,772

Loss from continuing operations before income taxes

$

(163,329

)

$

(14,234

)

$

(177,563

)

Diluted net loss per share change from continuing operations

21

%

(8

%)

13

%

(a) A reduction to the gain on the sale of Dickies to reflect final working capital adjustments of $11.9 million was recorded in the other income (expense), net line item in the Consolidated Statement of Operations for the three months ended March 2026. In addition, pension settlement charges of $158.1 million and excise taxes of $25.1 million related to the termination of the U.S. qualified plan were recorded in the other income (expense), net line item in the Consolidated Statement of Operations for the three months ended March 2026.

Constant Currency Financial Information

VF is a global company that reports financial information in U.S. dollars in accordance with GAAP. Foreign currency exchange rate fluctuations affect the amounts reported by VF from translating its foreign revenues and expenses into U.S. dollars. These rate fluctuations can have a significant effect on reported operating results. As a supplement to our reported operating results, we present constant currency financial information, which is a non-GAAP financial measure that excludes the impact of translating foreign currencies into U.S. dollars. We use constant currency information to provide a framework to assess how our business performed excluding the effects of changes in the rates used to calculate foreign currency translation. Management believes this information is useful to investors to facilitate comparison of operating results and better identify trends in our businesses.

To calculate foreign currency translation on a constant currency basis, operating results for the current year period for entities reporting in currencies other than the U.S. dollar are translated into U.S. dollars at the average exchange rates in effect during the comparable period of the prior year (rather than the actual exchange rates in effect during the current year period).

These constant currency performance measures should be viewed in addition to, and not in lieu of or superior to, our operating performance measures calculated in accordance with GAAP. The constant currency information presented may not be comparable to similarly titled measures reported by other companies.

VF CORPORATION

Supplemental Financial Information

Reportable Segment Information - Constant Currency Basis

(Unaudited)

(In thousands, except per share amounts)

Twelve Months Ended March 2026

As Reported
under GAAP

Adjust for Foreign
Currency Exchange

Constant Currency

Revenues:

Outdoor segment

$

5,741,792

$

(169,273

)

$

5,572,519

Active segment

2,720,967

(66,627

)

2,654,340

All Other

1,142,448

(30,554

)

1,111,894

Total revenues

$

9,605,207

$

(266,454

)

$

9,338,753

Segment profit:

Outdoor segment

$

841,200

$

(29,973

)

$

811,227

Active segment

103,043

(8,354

)

94,689

Total segment profit

944,243

(38,327

)

905,916

Impairment of goodwill

(30,716

)

—

(30,716

)

Corporate and other expenses (a)

(511,815

)

2,094

(509,721

)

Interest expense, net

(148,743

)

(2,298

)

(151,041

)

“All Other” profit

88,249

(3,335

)

84,914

Income from continuing operations before income taxes

$

341,218

$

(41,866

)

$

299,352

Diluted earnings per share change from continuing operations

265

%

(52

%)

213

%

(a) A final pre-tax gain on the sale of Dickies of $127.2 million was recorded in the other income (expense), net line item in the Consolidated Statement of Operations for the twelve months ended March 2026. In addition, pension settlement charges of $192.1 million and excise taxes of $25.1 million related to the termination of the U.S. qualified plan were recorded in the other income (expense), net line item in the Consolidated Statement of Operations for the twelve months ended March 2026.

Constant Currency Financial Information

VF is a global company that reports financial information in U.S. dollars in accordance with GAAP. Foreign currency exchange rate fluctuations affect the amounts reported by VF from translating its foreign revenues and expenses into U.S. dollars. These rate fluctuations can have a significant effect on reported operating results. As a supplement to our reported operating results, we present constant currency financial information, which is a non-GAAP financial measure that excludes the impact of translating foreign currencies into U.S. dollars. We use constant currency information to provide a framework to assess how our business performed excluding the effects of changes in the rates used to calculate foreign currency translation. Management believes this information is useful to investors to facilitate comparison of operating results and better identify trends in our businesses.

To calculate foreign currency translation on a constant currency basis, operating results for the current year period for entities reporting in currencies other than the U.S. dollar are translated into U.S. dollars at the average exchange rates in effect during the comparable period of the prior year (rather than the actual exchange rates in effect during the current year period).

These constant currency performance measures should be viewed in addition to, and not in lieu of or superior to, our operating performance measures calculated in accordance with GAAP. The constant currency information presented may not be comparable to similarly titled measures reported by other companies.

V.F. (VFC - Free Report) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to a loss of $0.13 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +100.00%. A quarter ago, it was expected that this maker of brands such as Vans, North Face and Timberland would post earnings of $0.43 per share when it actually produced earnings of $0.58, delivering a surprise of +34.88%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

V.F., which belongs to the Zacks Textile - Apparel industry, posted revenues of $2.17 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.77%. This compares to year-ago revenues of $2.14 billion. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

V.F. shares have lost about 7.4% since the beginning of the year versus the S&P 500's gain of 7.4%.

What's Next for V.F.?While V.F. has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for V.F. was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.17 on $1.72 billion in revenues for the coming quarter and $1.14 on $9.55 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Textile - Apparel is currently in the top 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the same industry, Vince Holding Corp. (VNCE - Free Report) , is yet to report results for the quarter ended April 2026.

This company is expected to post quarterly loss of $0.19 per share in its upcoming report, which represents a year-over-year change of +48.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Vince Holding Corp.'s revenues are expected to be $63.05 million, up 8.8% from the year-ago quarter.

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Key Takeaways Pre-Markets Up After Tuesday's Light SellingTarget, Lowe's & TJX All Beat on Q1 EarningsNVIDIA Expected to Have Grown 118% on Earnings in Q1 Wednesday, May 20th, 2026

Pre-market futures are up this morning, filling in some holes from Tuesday’s session that closed in the red. Major indexes are fighting back to all-time-high levels (on the S&P 500 and Nasdaq) last week, but are still working off the slide ahead of Monday’s open. The Dow is up +181 points, the S&P 500 is +29, the Nasdaq is +209 points and small-cap Russell 2000 is +17 at this hour.

Meanwhile, spot oil prices have relaxed from yesterday, $101 per barrel (/bbl) on WTI and $108/bbl on Brent crude, even as Iran ratchets up its war rhetoric this morning. Iran has reportedly permitted the transit of three dozen ships over the past day out of the Strait of Hormuz, but it’s unclear whether these ships are also passing the U.S. blockade at the Gulf of Oman. Gasoline here at home continues to climb in price per gallon: $4.56 nationwide, up +43% year over year.

Big Morning for Retail Earnings: TGT, LOW, TJX & More
Target (TGT - Free Report) posted impressive Q1 results this morning, beating earnings estimates by 30 cents per share — $1.71, for a +21.4% positive earnings surprise — on $25.44 billion in revenues, up +4% from expectations. The department store major saw its strongest comps in four years. However, the future looks somewhat muted, as higher gasoline prices are already having an impact on its middle-class shopper. For more on TGT’s earnings, click here.

Home improvement center Lowe’s (LOW - Free Report) also outperformed expectations in its Q1 report this morning, with earnings of $3.03 per share +2.4% higher than the Zacks consensus and revenues of $23.08 billion narrowly surpassing projections by +0.62%, but up nicely from the $20.93 billion in the year-ago quarter. Zacks Strategist Bryan Hayes gives his take on LOW’s earnings here.

The TJX Companies (TJX - Free Report) — parent of T.J. Maxx, Marshall’s and Home Goods, and with a market cap well over 2x that of Target’s — posted a strong +18% earnings beat to $1.19 per share ($0.92 reported a year ago) on revenues of $14.32 billion outpacing expectations by +2.3%. Shares are up +3.7% on the news, pushing the stock into positive territory year to date. For more on TJX’s earnings, click here.

Vans, Timberland and The North Face parent V.F. Corp. (VFC - Free Report) is also out with quarterly results ahead of today’s open. Flat earnings for fiscal Q4 beat expectations of -$0.02 (and the year-ago loss per share of -$0.13) on $2.17 billion in revenues, +1.77% higher than estimates. Shares had been up on the news, but are sliding ahead of the open. For more on VFC’s earnings, click here.

NVIDIA Reports After the Close Today
It’s the Big Kahuna of yet-to-report earnings results — even bigger than Walmart (WMT - Free Report) on Thursday morning: NVIDIA (NVDA - Free Report) , the chip giant that has positioned itself perfectly for the boom in AI infrastructure investment. Expectations are typically awesome: +118.5% earnings growth on +78.7% growth in revenues from a year ago. NVIDIA has also outperformed estimates in each of the past three quarters.

Questions or comments about this article and/or author? Click here>>

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Published in consumer-discretionary consumer-staples e-commerce earnings retail

4 Cold-Weather Stocks to Buy as Winter Spending Heats UpV.F. NYSE: VFC executives said the apparel and footwear company ended fiscal 2026 with improving sales trends, wider margins and lower leverage, while reinstating annual guidance for fiscal 2027.

President and CEO Bracken Darrell said the company “finished this year strong” and exceeded its fourth-quarter guidance. He said VF returned to full-year sales growth for the first time in three years and that 70% of the company’s portfolio is now growing, compared with 43% in fiscal 2024 when including Dickies.

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3 Retail Stocks That Desperately Need a Tariff Break“Our portfolio is getting healthier,” Darrell said, adding that operating margin expanded to 7% in fiscal 2026, up 220 basis points from fiscal 2024. He also pointed to balance-sheet progress, saying net debt excluding lease liabilities fell from $5.8 billion to $2.7 billion over three years, while leverage declined from 5.1 times to 2 times on that basis.

Fourth-Quarter Sales Beat Expectations EVP and CFO Paul Vogel said fourth-quarter revenue was $2.2 billion, up 3% from a year earlier and above the company’s guidance for flat to 2% growth. He said wholesale demand, led by The North Face, helped drive the stronger-than-expected performance.

3 Stocks Gaining Traction in Their Turnaround StoriesBy brand, The North Face revenue rose 7%, led by double-digit growth in the Americas. Vans declined 5%, in line with expectations, including about a 2-point benefit from earlier wholesale orders. Timberland rose 2%, marking its sixth consecutive quarter of growth.

By region, the Americas grew 10% in the quarter and 3% for the full year. EMEA declined 5% as the company navigated regional macroeconomic headwinds, while APAC rose 1% on demand across The North Face and Timberland. Direct-to-consumer sales rose 2%, and wholesale increased 3%.

Gross margin in the quarter rose 240 basis points to 56.4%, helped by a roughly $50 million net benefit tied to tariff receivables and offsetting charges following a Supreme Court ruling related to certain tariff refunds. Vogel said normalized gross margin was roughly flat from a year earlier. Adjusted earnings per share were $0, compared with a loss of $0.14 in the prior-year quarter.

Vans Shows DTC Improvement in the Americas Darrell said Vans remains a key focus of the turnaround. While global Vans revenue was down 5% in the fourth quarter, he said Americas direct-to-consumer sales grew 5%, with the region representing more than half of the total Vans business.

“This is where we said the recovery would start,” Darrell said, adding that Americas DTC momentum should eventually show up in other parts of the business. He said Vans’ e-commerce business in the Americas returned to growth in the third quarter and that product newness is building across the assortment.

Darrell highlighted strong consumer response to Pearlized product drops and said the Authentic silhouette grew 80% from a year earlier. Slip-Ons and apparel also returned to growth in the quarter. He said Vans is using a social-first, culture-led marketing strategy, including its Off The Wall campaign anchored around the Authentic.

During the question-and-answer session, Darrell said wholesale sell-through is not yet as strong as DTC because of channel mix and the company’s ability to drive traffic to its own digital platforms. He said DTC performance is a “good harbinger” for wholesale as products roll through the broader network over time.

The North Face, Timberland and Altra Continue Growth The North Face grew 7% in the quarter, with Darrell citing broad-based category growth and a 16% increase in the Americas. He said softshells and fleece were key drivers in apparel, while footwear delivered its fifth consecutive quarter of double-digit growth.

Darrell also noted The North Face’s newly announced multi-year strategic partnership with the U.S. Ski & Snowboard Team. Under the agreement, The North Face will serve as exclusive performance apparel sponsor for athletes at major events, including World Cup events and the Winter Olympic Games, through at least 2034.

Timberland grew 2% in the quarter. Darrell said direct-to-consumer sales increased 8%, helped by full-price stores, while wholesale was slightly lower because of reduced distressed sales. He said the six-inch premium boot remains a key driver and that boat shoes are growing across all regions.

Altra posted 45% revenue growth in the quarter, its fifth consecutive quarter of double-digit growth, and grew more than 30% for the full year, with revenue surpassing $270 million. Darrell said Altra has a differentiated product in a large addressable market and “can be a billion-dollar-plus brand over time.”

Cost Discipline and Margin Targets Remain Central EVP and COO Abhishek Dalmia said VF is two years into a four-year transformation plan focused on gross margin expansion, SG&A control and top-line growth. He said gross margin improved from 51.6% in fiscal 2024, including Dickies, to 55.2% in fiscal 2026. About 100 basis points came from the Dickies divestiture, while the rest came from product mix, targeted pricing, markdown improvements and other operational work.

Dalmia said VF has removed more than $225 million of sustained SG&A savings since fiscal 2024, excluding Dickies, through organizational simplification, DTC and distribution efficiencies, and digital and technology optimization. He said the company is also investing in product development and marketing, with more spending shifted toward media that directly reaches consumers.

Vogel said inventories declined 11% in constant currency, and inventory days were down year over year. Net debt was down approximately $800 million from last year, or 16%, following repayment of a €500 million maturity. Year-end leverage improved to 3.1 times, down one full turn from last year.

Fiscal 2027 Guidance Reinstated For fiscal 2027, VF expects constant-dollar revenue growth of 1% to 2% and operating margin of approximately 8%. Vogel said the guidance includes expected growth at The North Face, Timberland and Altra, while Vans is expected to decline in the mid-single digits, an improvement from an 11% decline in fiscal 2026 and a 15% decline in fiscal 2025.

The company expects first-quarter revenue to decline in the low single digits and anticipates an operating loss of about $100 million, roughly $40 million worse than the prior year. Vogel said the first quarter is a small period for the company and that the outlook reflects investment in Altra and DTC, as well as wholesale timing shifts.

VF expects the Middle East conflict to reduce fiscal 2027 revenue by about 100 basis points, while a 53rd week is expected to add about 0.5 percentage point to growth. Vogel said the company is assuming tariffs return at the end of July and expects a potential $70 million to $80 million negative gross-margin impact, though management said mitigation actions are expected to offset nearly all of that in fiscal 2027.

Free cash flow is expected to be flat to up versus fiscal 2026 when excluding the $100 million cash benefit from pension termination activity. VF also expects year-end leverage between 2.6 times and 2.9 times, with a medium-term goal of 2.5 times or less by fiscal 2028.

Darrell clarified that VF’s operating margin target is an exit run rate of 10% in fiscal 2028, rather than a full-year fiscal 2028 margin. “The conversation inside this company has shifted from turnaround to growth,” Dalmia said.

About V.F. NYSE: VFCVF Corporation, commonly branded as VF, is a global apparel and footwear company that develops, markets and distributes a diverse portfolio of consumer brands. Its offerings span outdoor and action sports apparel, footwear and accessories under marquee names such as The North Face, Vans, Timberland, Dickies, JanSport and Smartwool. Through a “house of brands” strategy, VF leverages the unique heritage and design expertise of each label to serve distinct lifestyle and performance segments.

Founded in 1899 in Pennsylvania as the Reading Glove and Mitten Manufacturing Company, VF evolved through a series of acquisitions and strategic expansions to become a leading player in the global apparel industry.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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V.F. Corporation (VFC) Q4 2026 Earnings Call Transcript

On May 22, 2026, VF Corp VFC shares rose 3.2% to a current price of $16.70. This price movement comes amid a 52-week trading range of $11.06 to $22.27, highlighting significant volatility over the past year.

GF Value™ verdict: Current price of $16.70 is 5.7% overvalued compared to a GF Value™ estimate of $15.80.GF Score™: 72/100, indicating an above-average potential for long-term returns.Most notable signal: Momentum Rank of 10/10, suggesting strong recent price performance. Is VFC Overvalued or Undervalued? The current price of VF Corp VFC at $16.70 is slightly above the GF Value™ estimate of $15.80, making the stock 5.7% overvalued. This valuation indicates a lack of margin of safety for new investors, as the stock is priced higher than its intrinsic value according to GuruFocus' assessment. The GF Valuation label categorizes VFC as fairly valued, but the overvaluation signals potential risks if the company's performance does not meet market expectations. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.

Investors may need to exercise caution, as overvalued stocks can be more susceptible to price corrections. While VFC has shown solid performance over the past year with a 40.5% increase, its recent decline of 22.5% over the past month suggests heightened volatility and uncertainty surrounding its future performance.

How Does VFC's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 26.5x 28.6x Forward P/E 15.6x N/A VFC's current P/E (TTM) of 26.5x is below its 5-year median P/E of 28.6x, indicating that the stock is trading at a discount relative to its historical valuation. The forward P/E of 15.6x suggests potential for improved earnings, which may further support the stock price. However, this P/E analysis aligns with the GF Value™ verdict of being slightly overvalued, suggesting that while the stock may be historically cheaper, current market conditions may not justify a higher price.

What Does VFC's GF Score™ Tell Us? Metric Rating GF Score™ 72 Financial Strength 5/10 Profitability 6/10 Growth 3/10 Valuation 7/10 Momentum 10/10 The GF Score™ of 72/100 indicates that VF Corp ranks above average compared to its peers. The strongest area is its Momentum rank, which is at the maximum of 10/10, reflecting recent strong price performance. However, the Growth rank of 3/10 is concerning, as it indicates challenges in expanding its business. Financial Strength at 5/10 suggests a moderate ability to meet obligations, while Valuation at 7/10 indicates a reasonable price relative to its financial performance.

What Are Insiders Doing with VFC Stock? There have been no insider transactions in the last three months for VF Corp VFC . This lack of activity may suggest that insiders are not making significant moves in response to the current market conditions, which could be interpreted as a sign of uncertainty or a wait-and-see approach. Investors often look for insider buying as a bullish signal, so the absence of transactions may not be positive.

What This Means for Investors Based on the GF Value™ assessment, VF Corp VFC is currently overvalued at $16.70 relative to its estimated fair value of $15.80. While the company shows strong momentum and an above-average GF Score™, the lack of insider activity and the recent decline in stock price suggest that investors should proceed with caution.

For the complete analysis, visit the VF Corp VFC stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is VFC's GF Score™?

VFC's GF Score™ is 72/100, indicating it ranks above average, suggesting potential for higher long-term returns.

Is VFC overvalued or undervalued?

VFC is currently overvalued, with a GF Value™ estimate of $15.80 compared to its market price of $16.70.

What is VFC's P/E ratio?

VFC's P/E (TTM) is 26.5x, which is below its 5-year median of 28.6x, indicating it is trading at a discount relative to its historical valuation.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.

Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.

Zacks Premium includes access to the Zacks Style Scores as well.

What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.

Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.

Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.

VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.

It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.7% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.

That's where the Style Scores come in.

To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.

The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.

A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: V.F. (VFC - Free Report) Based in Greensboro, NC, V.F. Corporation designs, manufactures and markets branded apparel and related products in the United States and internationally. Its product line consists of denim and casual tops, bottoms, backpacks, book bags, luggage, outdoor gear, skateboard-inspired footwear and apparel, surf-inspired footwear and apparel, women’s lingerie, occupational apparel, licensed sports apparel, athletic apparel and fashion sportswear. The company markets its products through specialty stores, department stores, national chains and mass merchants along with licensees and distributors.

VFC is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 14.87; value investors should take notice.

For fiscal 2027, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.03 to $1.12 per share. VFC boasts an average earnings surprise of +47.5%.

With a solid Zacks Rank and top-tier Value and VGM Style Scores, VFC should be on investors' short list.

Key Takeaways lululemon's Power of Three X2 targets product innovation, guest experience and global expansion.LULU says Mainland China trends are strong, aided by the Chinese New Year shift into the quarter.lululemon flags soft North America demand and heavier markdowns, tariffs and SG&A spending, squeezing margins. lululemon athletica inc. (LULU - Free Report) is likely to witness a bottom-line decline when it reports first-quarter fiscal 2026 results on Jun. 4, after market close. The Zacks Consensus Estimate for fiscal first-quarter revenues is pegged at $2.4 billion, indicating 2.6% growth from the year-ago quarter's reported figure.

The consensus estimate for the company's fiscal first-quarter earnings is pegged at $1.67 per share, suggesting a 35.8% decline from the year-ago quarter’s actual. Earnings estimates have moved down by a penny in the past seven days.

The Vancouver-based company has been reporting steady earnings outcomes, as evident from its bottom-line surprise trends in the past several quarters. lululemon has a trailing four-quarter earnings surprise of 7.9%, on average. Given its positive record, the question is, can LULU maintain the momentum?

Earnings WhispersOur proven model does not conclusively predict an earnings beat for LULU this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.

lululemon has an Earnings ESP of -6.40% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here.

Key Insights on Trends to Define LULU’s Q1 Resultslululemon continues to benefit from the progress with its Power of Three X2 growth strategy. The plan focuses on three key growth drivers — product innovation, guest experience and market expansion. LULU is expected to deliver solid revenue growth in the fiscal first quarter through product innovation, enhanced guest experience and aggressive international expansion under the plan.

International markets, led by Mainland China, continue to post outsized growth, while the men’s category is gaining share. Digital investments are strengthening the omnichannel ecosystem and disciplined store expansion is supporting brand visibility. On the last reported quarter’s earnings call, the company noted that trends in Mainland China have been strong in the first quarter of fiscal 2026, driven by a shift of the Chinese New Year into the quarter.

On the last reported quarter’s earnings call, the company continued to make steady progress in executing its action plan, with a clear emphasis on improving the sales quality in North America by driving a higher mix of full-price transactions. The company noted that early signs of traction are encouraging, supported by product launches and a series of recent brand activations that are helping to re-energize consumer engagement.

For the first quarter of fiscal 2026, management anticipates net revenues of $2.4-$2.43 billion, indicating 1-3% year-over-year growth. Revenues for China Mainland are likely to increase 25-30% and the Rest of World is expected to rise in the mid-teens. EPS for the fiscal first quarter is expected to be $1.63-$1.68, whereas it reported EPS of $2.60 in the prior-year quarter. Our model predicts revenues for the China Mainland business to increase 25% year over year for the first quarter of fiscal 2026.

However, LULU faces near-term pressure from soft North America demand and significant margin contraction. Higher markdowns, tariffs and SG&A investments weighed on profitability, while cautious guidance signals slower growth and continued operating margin pressure.

North America, lululemon’s largest and most mature market, has been witnessing a softness due to uneven traffic trends and increasingly cautious consumer spending, particularly in discretionary categories. The impact has been most visible in the women’s category, a core driver of the brand’s North American business. Slower momentum in North America limits consolidated growth and raises concerns about market saturation. Increased promotional activity across the broader apparel space has also intensified competition, making it harder to drive full-price sales. Until demand stabilizes and traffic improves, North America is likely to remain a drag on near-term revenue growth.

For the first quarter of fiscal 2026, the company expects North America revenues to decline in the mid-single digits. Revenues in the United States are expected to decline in the mid-single digits, while revenues in Canada are expected to track slightly slower. Our model predicts revenues for the Americas business to decline 4.9% year over year for the fiscal first quarter, with a 6.2% fall in the United States and a 0.1% rise in Canada.

lululemon’s margins are expected to remain under pressure in the to-be-reported quarter due to higher product costs, increased markdowns, unfavorable channel mix and tariff pressures. Management indicated that elevated promotional activity, particularly in North America, is expected to have weighed on the merchandise margin as the company worked to clear slower-moving inventory. Higher freight, input and supply-chain costs also contributed to the decline, limiting leverage despite revenue growth.

On its last reported quarter’s earnings call, management projected a 380-bps year-over-year decline in the gross margin in the fiscal first quarter due to higher tariff rates, and investments in store openings, optimizations and the distribution network. Increased tariffs are expected to create a headwind of 290 bps on the gross margin, with 110 bps of offsets. Markdowns are projected to rise 30 bps year over year. Though full-price selling has improved from fourth-quarter fiscal 2025, the company expects markdowns to decline beginning in the second half. We expect adjusted gross profit to decline 4.2% in the fiscal first quarter, with a 380 bps dip in the gross margin.

For the first quarter of fiscal 2026, management anticipates SG&A, as a percentage of sales, to deleverage 330 bps year over year, driven in part by the timing of brand activations, including the BNP Paribas Open, the Milan Olympics and Studio. With a greater concentration of events planned in the first half of the year, the company expects additional pressure from discrete costs related to the proxy contest, as well as the reintroduction of expenses reduced last year, particularly in store labor hours and incentive compensation. The company also plans to continue investing in growth initiatives and IT infrastructure.

LULU expects the first-quarter fiscal 2026 operating margin to contract 710 bps year over year. We expect SG&A costs to rise 11.1% in the fiscal first quarter, resulting in a 710-bps decline in the operating margin.

LULU’s Price Performance & Valuationlululemon’s shares have exhibited a downtrend in the past three months, losing 25.6% compared with the industry’s fall of 10.1%. The company has also underperformed the Zacks Consumer Discretionary sector’s decline of 6.1% and the S&P 500’s growth of 10%.

lululemon’s YTD Performance
Image Source: Zacks Investment Research

The LULU stock has underperformed V.F. Corporation (VFC - Free Report) , which has declined 8.1% in the past three months. The stock also lagged Ralph Lauren Corporation (RL - Free Report) and PVH Corp. (PVH - Free Report) , which have rallied 6.2% and 44.5%, respectively, in the same period.

At its current price of $131.04, the LULU stock trades 12.4% above its 52-week low of $116.63 and 61.5% below its 52-week high of $340.25.

From the valuation standpoint, the company trades at a forward 12-month P/E multiple of 10.38X, below the industry average of 17.38X.

Image Source: Zacks Investment Research

Investment Thesislululemon is navigating a challenging retail backdrop, with inflation, elevated interest rates and softer discretionary spending weighing on consumer behavior. Premium and luxury categories, particularly in the Americas, remain under pressure, while tariffs present an additional headwind. Despite these near-term challenges, the company continues to execute against its long-term growth strategy.

Momentum is supported by lululemon’s Power of Three ×2 strategy, which focuses on doubling revenues through three key pillars: international expansion, growth in the men’s business and deeper digital engagement. This diversified approach is helping the company offset macro pressures while pursuing meaningful structural growth opportunities.

International markets remain key growth drivers, with China central to lululemon’s plan to scale global revenues. Combined with ongoing digital investments and continued expansion in men’s apparel, the company appears well-positioned to build resilience and create long-term value.

ConclusionNo matter how the stock responds to the upcoming first-quarter fiscal 2026 results, lululemon’s disciplined execution and strong brand equity continue to support its long-term outlook. Progress under the Power of Three ×2 strategy, led by international expansion, digital engagement and momentum in the men’s category, provides meaningful growth avenues.

However, near-term challenges, including softer demand in the Americas, tariff-related cost pressures and margin deleverage, are likely to weigh on lululemon’s upcoming results. Given these offsetting factors, investors may prefer to stay cautious and wait for clearer signs of demand stabilization in North America before turning more constructive on the stock. For existing shareholders, the long-term strategy provides a basis for staying the course.

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.

The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.

It also includes access to the Zacks Style Scores.

What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.

Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.

Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.

VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.

How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.

#1 (Strong Buy) stocks have produced an unmatched +23.7% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.

With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.

That's where the Style Scores come in.

You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.

Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.

A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: V.F. (VFC - Free Report) Based in Greensboro, NC, V.F. Corporation designs, manufactures and markets branded apparel and related products in the United States and internationally. Its product line consists of denim and casual tops, bottoms, backpacks, book bags, luggage, outdoor gear, skateboard-inspired footwear and apparel, surf-inspired footwear and apparel, women’s lingerie, occupational apparel, licensed sports apparel, athletic apparel and fashion sportswear. The company markets its products through specialty stores, department stores, national chains and mass merchants along with licensees and distributors.

VFC is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 15.46; value investors should take notice.

Five analysts revised their earnings estimate upwards in the last 60 days for fiscal 2027. The Zacks Consensus Estimate has increased $0.01 to $1.10 per share. VFC boasts an average earnings surprise of +47.5%.

With a solid Zacks Rank and top-tier Value and VGM Style Scores, VFC should be on investors' short list.

Nucor stands out in the U.S. steel sector, delivering an 86% price increase over the past year. NUE's risk profile is superior, with both standard deviation and beta significantly lower than peers like Cleveland-Cliffs. The Q1 2026 report has indicated that the company is in an excellent position to deliver better-than-expected results for the year.

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:

Healthcare Services Group, Inc. (HCSG - Free Report) : This company that manages housekeeping, laundry, dining, and nutritional services within the healthcare industry has seen the Zacks Consensus Estimate for its current year earnings increasing 7.5% over the last 60 days.

Nucor Corporation (NUE - Free Report) : This manufacturer of steel and steel products has seen the Zacks Consensus Estimate for its current year earnings increasing 14.4% over the last 60 days.

Nexa Resources S.A. (NEXA - Free Report) : This zinc mining and smelting company has seen the Zacks Consensus Estimate for its current year earnings increasing 22.4% over the last 60 days.

Liquidia Corporation (LQDA - Free Report) : This biopharmaceutical company has seen the Zacks Consensus Estimate for its current year earnings increasing 22.3% over the last 60 days.

National Bankshares, Inc. (NKSH - Free Report) : This bank holding company for the National Bank of Blacksburg has seen the Zacks Consensus Estimate for its current year earnings increasing 15.3% over the last 60 days.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.

Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.

Below, we take a look at Nucor (NUE - Free Report) , which currently has a Momentum Style Score of A. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions.

It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Nucor currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.

You can see the current list of Zacks #1 Rank Stocks here >>>

Set to Beat the Market? In order to see if NUE is a promising momentum pick, let's examine some Momentum Style elements to see if this steel company holds up.

Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area.

For NUE, shares are up 0.65% over the past week while the Zacks Steel - Producers industry is up 5.76% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 20.94% compares favorably with the industry's 11.11% performance as well.

While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of Nucor have increased 25.15% over the past quarter, and have gained 93.2% in the last year. In comparison, the S&P 500 has only moved 8.63% and 27.99%, respectively.

Investors should also pay attention to NUE's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. NUE is currently averaging 1,626,453 shares for the last 20 days.

Earnings OutlookThe Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with NUE.

Over the past two months, 5 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost NUE's consensus estimate, increasing from $11.92 to $14.66 in the past 60 days. Looking at the next fiscal year, 5 estimates have moved upwards while there have been no downward revisions in the same time period.

Bottom LineGiven these factors, it shouldn't be surprising that NUE is a #1 (Strong Buy) stock and boasts a Momentum Score of A. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Nucor on your short list.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

A caller on The Indicator from Planet Money summed up the week’s lithium news in one line: “There is kind of a high environmental cost to getting this lithium out of the earth.”

The headline that prompted the call was striking. The US Geological Survey says the Appalachian region, mostly the Carolinas, holds about 2.3 million metric tons of lithium. That’s enough to cover more than 300 years of current US lithium imports, or to power 130 million electric vehicles.

When a resource discovery hits the news, retail money follows. The caller’s offhand observation flags the financial trap most readers should care about. The gap between “economically recoverable” reserves on paper and actual tons flowing through a battery supply chain is where small investors get hurt.

The Verdict: The Caller Is Right, and the Math Is Worse Than It Looks A discovery sits years away from production, and the gap between the two routinely runs 10 to 20 years. Anyone treating the USGS announcement as a buy signal for a domestic lithium portfolio is confusing geology with cash flow.

Even if the deposit is real and the company holds the rights, US permitting for hardrock pegmatite mining typically runs seven to 10 years. Add another three to five years to build processing infrastructure. During that window, the company funds itself through dilutive equity raises. A 50% share-count increase over a development decade is common.

The supply picture sharpens the point. One American company produces lithium domestically in Nevada. At the same time, the US imports more than half of its lithium from countries like Australia and China. The 300-year figure assumes full extraction at today’s consumption pace. EV battery demand is projected to grow several-fold this decade, so the real import-replacement clock is shorter and depends on capital, water rights, and processing capacity that do not yet exist at scale.

The financial concept worth learning here is option value with a long expiration. The Appalachian deposit is real. For an investor, it behaves like a deeply out-of-the-money call: the payoff requires successful extraction and continued battery demand at scale a decade or more from now. Pricing that option at headline value is the recurring mistake of thematic investing.

Who This Fits and Who Gets Burned The story fits a 35 to 50-year-old with a fully funded retirement account, no consumer credit card debt, and at least 15 years until retirement. A 2% to 3% sleeve of a diversified portfolio in a broad critical-minerals or battery-materials ETF, held through volatility, can capture supply-chain restructuring without single-stock blowup risk. The macro backdrop supports the long thesis: Nucor (NYSE: NUE | NUE Price Prediction) has a $4 billion West Virginia sheet mill that is roughly 85% complete, and a US trade deficit of about $57 billion in February keeps domestic sourcing on the policy agenda.

The story hurts a 60-year-old eyeing early retirement who reads the USGS release and shifts $50,000 from a target-date fund into a thinly traded miner. The development cycle outlasts the retirement runway. Lithium spot prices fell roughly 80% from their 2022 peak. A drawdown of that size inside a five-year window is the difference between retiring at 65 and working until 70.

What to Actually Do With This Headline Get exposure through breadth across funds. Screen broad battery materials or critical-minerals ETFs rather than single junior miners. Diversification is the cheapest hedge against permitting delays and dilution. Cap thematic commodity exposure at 5% of total portfolio. Use the remainder for index funds and bonds matched to your time horizon. Keep at least six months of expenses in a high-yield savings account so you are never forced to sell a 10-year story in year three. Read the share-count history before buying any miner. Pull the last 10-K. If the company has doubled its share count in five years, plan for it to double again before the first production. The caller’s environmental concern is grounded. The financial cost of ignoring development timelines is bigger. A 2.3 million ton deposit in the ground today funds nothing in your brokerage account this year. Treat the headline as a 15-year story, size the position accordingly, and the discovery becomes useful information rather than an expensive distraction.

Nucor (NUE - Free Report) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, NUE broke through the 20-day moving average, which suggests a short-term bullish trend.

The 20-day simple moving average is a popular trading tool. It provides a look back at a stock's price over a 20-day period, and is beneficial to short-term traders since it smooths out price fluctuations and provides more trend reversal signals than longer-term moving averages.

Like other SMAs, if a stock's price is moving above the 20-day, the trend is considered positive. When the price falls below the moving average, it can signal a downward trend.

Over the past four weeks, NUE has gained 6.3%. The company is currently ranked a Zacks Rank #1 (Strong Buy), another strong indication the stock could move even higher.

Looking at NUE's earnings estimate revisions, investors will be even more convinced of the bullish uptrend. There have been 6 revisions higher for the current fiscal year compared to none lower, and the consensus estimate has moved up as well.

With a winning combination of earnings estimate revisions and hitting a key technical level, investors should keep their eye on NUE for more gains in the near future.

On May 26, 2026, Nucor Corp NUE shares rose 3.6% to a current price of $240.29. The stock has experienced significant price movement recently, trading within a 52-week range of $106.21 to $240.43, showcasing a robust performance over the past year.

GF Value™ verdict: Currently priced at $240.29, NUE is approximately 42.1% overvalued compared to its GF Value™ estimate of $169.06.GF Score™: NUE has a GF Score™ of 93/100, indicating strong overall performance across key financial metrics.Most notable signal: Insider activity shows that insiders have sold $29.9 million worth of shares in the last three months, with no buying activity reported. Is NUE Overvalued or Undervalued? Nucor Corp's current price of $240.29 is significantly above the GF Value™ estimate of $169.06, which suggests that the stock is overvalued by approximately 42.1%. This disparity raises concerns regarding the margin of safety for potential investors, as buying at such a premium may expose them to greater risk should market conditions shift or expectations for future performance fail to materialize. The GF Valuation label classifies NUE as "Significantly Overvalued," indicating that the stock price is not supported by its underlying fundamentals at this time.

While Nucor has demonstrated strong financial performance in terms of growth and profitability, the current valuation presents a risk for new investments. Investors should consider this overvaluation in the context of market conditions and the company's future performance potential. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.

How Does NUE's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 23.8x 9.9x Forward P/E 16.4x N/A The current P/E (TTM) ratio of 23.8x is significantly higher than its 5-year median P/E of 9.9x, indicating that NUE is trading at a premium compared to its historical valuation. This analysis aligns with the GF Value™ verdict, reinforcing the conclusion that NUE is overvalued based on historical earnings multiples.

What Does NUE's GF Score™ Tell Us? Metric Rating GF Score™ 93/100 Financial Strength 8/10 Profitability 9/10 Growth 9/10 Valuation 5/10 Momentum 9/10 Nucor's GF Score™ of 93/100 reflects its strong performance overall, particularly in profitability (9/10) and growth (9/10) categories. However, the valuation score of 5/10 indicates that the stock is not favorably positioned in terms of price relative to its intrinsic value. The financial strength rating of 8/10 further supports the company's solid foundation, yet the valuation concerns suggest caution for potential investors.

What Are Insiders Doing with NUE Stock? Recent insider activity has seen a significant sell-off, with insiders selling $29.9 million worth of shares in the last three months and no buying activity reported. This trend of selling could be interpreted as a lack of confidence in the stock's future performance at its current valuation levels. When insiders choose to sell rather than buy, it often raises questions about their expectations for the company's prospects and may signal potential risks for outside investors.

What This Means for Investors Based on the analysis of GF Value™, Nucor Corp NUE is currently viewed as overvalued. The significant disparity between the current price and the GF Value™ estimate suggests that potential investors may want to exercise caution and consider waiting for a more favorable entry point.

For the complete analysis, visit the Nucor Corp NUE stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is NUE's GF Score™?

NUE has a GF Score™ of 93/100, indicating strong overall performance across key financial metrics, which historically correlates with higher long-term returns.

Is NUE overvalued or undervalued?

Nucor Corp is currently considered overvalued, with a GF Value™ estimate of $169.06 compared to its current price of $240.29.

What is NUE's P/E ratio?

NUE's P/E (TTM) is 23.8x, which is significantly above its 5-year median P/E of 9.9x, indicating that the stock is trading at a premium compared to its historical valuation.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.

While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.

Below, we take a look at Nucor (NUE - Free Report) , a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.

It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Nucor currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period.

You can see the current list of Zacks #1 Rank Stocks here >>>

Set to Beat the Market? In order to see if NUE is a promising momentum pick, let's examine some Momentum Style elements to see if this steel company holds up.

A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.

For NUE, shares are up 2.19% over the past week while the Zacks Steel - Producers industry is up 0.91% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 10.66% compares favorably with the industry's 11.67% performance as well.

While any stock can see its price increase, it takes a real winner to consistently beat the market. That is why looking at longer term price metrics -- such as performance over the past three months or year -- can be useful as well. Shares of Nucor have increased 44.86% over the past quarter, and have gained 128.84% in the last year. On the other hand, the S&P 500 has only moved 10.24% and 29.77%, respectively.

Investors should also pay attention to NUE's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. NUE is currently averaging 1,235,016 shares for the last 20 days.

Earnings OutlookThe Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with NUE.

Over the past two months, 6 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost NUE's consensus estimate, increasing from $11.76 to $14.84 in the past 60 days. Looking at the next fiscal year, 6 estimates have moved upwards while there have been no downward revisions in the same time period.

Bottom LineGiven these factors, it shouldn't be surprising that NUE is a #1 (Strong Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Nucor on your short list.

Nucor (NUE - Free Report) closed at $258.46 in the latest trading session, marking a +2.77% move from the prior day. This change outpaced the S&P 500's 0.13% gain on the day. Elsewhere, the Dow gained 0.45%, while the tech-heavy Nasdaq added 0.03%.

Coming into today, shares of the steel company had gained 11.37% in the past month. In that same time, the Basic Materials sector gained 3.24%, while the S&P 500 gained 5.25%.

Analysts and investors alike will be keeping a close eye on the performance of Nucor in its upcoming earnings disclosure. The company is predicted to post an EPS of $4.42, indicating a 70% growth compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $9.76 billion, up 15.37% from the prior-year quarter.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $14.84 per share and a revenue of $37.05 billion, signifying shifts of +92.48% and +14.01%, respectively, from the last year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Nucor. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 8.82% higher. Nucor currently has a Zacks Rank of #1 (Strong Buy).

In terms of valuation, Nucor is presently being traded at a Forward P/E ratio of 16.95. This denotes a premium relative to the industry average Forward P/E of 15.87.

Also, we should mention that NUE has a PEG ratio of 0.67. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Steel - Producers industry had an average PEG ratio of 0.57 as trading concluded yesterday.

The Steel - Producers industry is part of the Basic Materials sector. With its current Zacks Industry Rank of 80, this industry ranks in the top 33% of all industries, numbering over 250.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.56 per share on Nucor's common stock. This cash dividend is payable on August 11, 2026 to stockholders of record on June 30, 2026 and is Nucor's 213th consecutive quarterly cash dividend.

About Nucor
Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; wire and wire mesh; and utility structures. Nucor, through The David J. Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.

SOURCE Nucor Corporation

Also from this source

When S&P Global (SPGI +1.52%), one of the world's largest financial data companies, posted its first-quarter earnings report on April 28, many investors focused on the recently spin-off of its Mobility unit, which provides automotive data, into a new company that will start trading independently on July 1. That divestment should streamline S&P Global's core business, while freeing up more resources to upgrade its generative AI services for analyzing financial data.

However, fewer investors seemed to notice its 25% year-over-year growth in Private Credit revenue in its Ratings segment. That outpaced the company's 10% growth in adjusted revenue for the quarter, and gives investors a much clearer look into the private credit market.

Image source: Getty Images.

Why does private credit matter to S&P Global? S&P Global's Ratings business, which accounted for 31% of its top line in the first quarter, traditionally rates public corporate bonds and broadly syndicated loans (BSLs). But over the past two decades, it expanded its services into the multi-trillion-dollar private credit market.

That expansion reduced its dependence on traditional public debt issuance, which is heavily influenced by fluctuating interest rates. Private credit lenders are often better insulated from those headwinds, since mid-market companies and private equity firms still turn to direct lenders (rather than conventional banks) to quickly secure more funds through choppy market cycles.

Today's Change

(

1.52

%) $

6.28

Current Price

$

419.62

Private investors are also keeping rapidly growing companies private for longer periods instead of going public through traditional IPOs. That structural shift drives up the demand for private credit rating services, which give investors deeper insights into these opaque companies.

By providing these specialized risk assessments, S&P Global positions itself as a "data tollbooth" that serves institutional investors and regulators in this murky market. It also widens its moat against its potential AI-powered challengers in the financial data analysis market, since private investors are less likely to trust smaller companies to crunch all of their data.

What does S&P Global's private revenue growth mean for investors? S&P Global generated "north of $600 million" in revenues from the private markets (including its ratings) in 2025. That only accounted for about 4% of its total revenue, but it's one of its fastest-growing businesses. Its growth also reinforces the idea that S&P Global is an evergreen company that can keep expanding through bull and bear markets -- since its clients will still need to access its analytics and credit rating services even if the economy contracts.

Leo Sun has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends S&P Global. The Motley Fool has a disclosure policy.

, /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") conducted a consultation with market participants on potential changes to the S&P U.S. Indices Methodology and Dow Jones U.S. Total Stock Market Indices Methodology (collectively, the "Relevant Index Families") related to MegaCap companies.

The Index Committee appreciates the market engagement received in connection with this consultation and thanks all respondents for their feedback.

S&P DJI's Index Committee continually monitors market developments to ensure indices meet their stated objectives and considers methodology changes as needed to help ensure its indices continue to do so.

Market consultations are the primary mechanism through which the Index Committee engages with market participants and other stakeholders to seek feedback on whether methodology changes are necessary or appropriate, and to assess potential methodology developments. Consultations also provide an opportunity for any member of the public to submit input. This process is designed to preserve the independence of the Index Committee, effectively mitigate potential conflicts of interest, and help ensure transparency and fairness.

The Index Committee carefully reviews all consultation responses received. However, while all responses are reviewed and considered, the Index Committee is not bound by any comments or information submitted as part of the consultation.

S&P 500, S&P MidCap 400, and S&P SmallCap 600 Results:

Based on S&P DJI's Index Committee review of the markets and after consideration of responses received from a wide range of market participants, no changes will be made to the eligibility criteria including financial viability screens, seasoning period, or minimum IWF, for the S&P 500, S&P MidCap 400, or S&P SmallCap 600 as a result of the S&P Dow Jones Indices consultation on the treatment of MegaCap companies. Accordingly, there will be no changes to existing methodology for this index family.

S&P DJI determined that exceptions to the financial viability, seasoning, and IWF requirements should not be granted solely based on market capitalization. The decision not to adopt the proposed exceptions preserves core index principles by maintaining consistent application of these key requirements. Although there may be trade-offs between strict adherence to these eligibility requirements and broad representativeness, the current methodology provides substantial market coverage and sector balance. As a result, the indices can continue to meet their stated objectives while preserving their role as representative and investable benchmarks for the U.S. equity market.

The table below summarizes the consultation results.

Proposed

Methodology

Changes

Current

Result

IPO Seasoning
Period to be
reduced to six
months from 12
months

Initial public offerings should be traded on an
eligible exchange for at least 12 months before
being considered for addition to an index.

Spin-offs or in-specie distributions from existing
constituents are not required to have 12 months of
trading prior to their inclusion in the S&P
Composite 1500.

Companies that migrate from an ineligible
exchange, emerge from bankruptcy, are newly
designated to be domiciled in the U.S. for index
purposes by S&P Dow Jones Indices, or convert
from an ineligible share or organizational type to an
eligible type do not need to trade on an eligible
U.S. exchange for 12 months before being
considered for addition.

No Change

Investable
Weight Factor
(IWF) minimum
is waived for
MegaCap
companies

To be eligible for addition, a stock must have an
IWF of at least 0.10.

Companies passing the total company level market
capitalization criteria are also required to 
have a security level float-adjusted market 
capitalization (FMC) that is at least 50% of the 
respective index's total company level minimum 
market capitalization threshold.

No Change

Financial
Viability
exception for
MegaCap
companies

S&P Composite 1500. Generally Accepted
Accounting Principles (GAAP) net income from
continuing operations must be positive for:

o  the most recent quarter, and

o  the sum of the most recent four consecutive
    quarters

Rule Exceptions. Exceptions to the above criteria
include:

•  Migrations from one S&P Composite 1500 index
   to another do not need to meet the financial
   viability, liquidity, or 50% of the respective
   index's total company level minimum market
   capitalization threshold criteria.

•  Companies that are spun-off from current S&P
   Composite 1500 constituents do not need to
   meet the outside addition criteria

•  Non-S&P Composite 1500 companies that
   acquire S&P Composite 1500 index
   constituents, but do not fully meet all of the
   eligibility criteria, may still be added to an S&P
   Composite 1500 index at the discretion of the
   Index Committee if the merger consideration
   includes the acquiring company issuing stock to
   target company shareholders, and the
   Committee determines that the addition could
   mitigate turnover and enhance the
   representativeness of the index as a market
   benchmark.

No Change

S&P Total Market Index (TMI), S&P Completion Index (CI), and Dow Jones U.S. Total Stock Market Index (TSM)

The S&P Total Market Index (TMI), S&P Completion Index (CI), and Dow Jones U.S. Total Stock Market Index (TSM) are broad market indices intended to represent the investment universe. The following changes will be applied.

Proposed

Methodology

Changes

Current

Result

MegaCap
Classification

--

--

Investable Weight
Factor (IWF) –

S&P Total Market
Index

To be eligible for addition, a stock must have an
IWF of at least 0.10. Current constituents have no
minimum requirement.

To be eligible for addition, a stock must have
either:

•  IWF of at least 0.10, or

•  Float-adjusted market capitalization
   greater than or equal to 10% of the
   total company level market
   capitalization of the 100th largest
   company in the S&P Total Market
   Index, ranked by total market
   capitalization as of the reference
   date.

Current constituents have no minimum
requirement.

Investable Weight
Factor (IWF) –

Dow Jones U.S.
Total Stock Market
Index

To be eligible for addition, a stock must have an
IWF of at least 0.10. Current constituents have no
minimum requirement.

To be eligible for addition, a stock must have
either:

•  IWF of at least 0.10, or

•  Float-adjusted market capitalization
   greater than or equal to 10% of the
   total company level market
   capitalization of the 100th largest
   company in the Dow Jones U.S. Total
   Stock Market Index, ranked by total 
   market capitalization as of the
   reference date.

Current constituents have no minimum
requirement.

An IPO that meets the requirements of the updated Investable Weight Factor (IWF) eligibility rule is eligible for fast-track entry, provided the company meets all other applicable fast-track criteria as well. Fast-track assessment is made using the closing price on the first day of trading on an eligible exchange. Once S&P Dow Jones Indices announces that an IPO is eligible for fast-track addition, it is added to the index with five business days' lead time. For more information on IPO fast track entry, see the relevant index methodology.

Float Release after the end of IPO Lock-Up Period

Consultation respondents generally supported implementing float increases following the release of lock-up shares gradually, or in tranches where appropriate, depending on company-specific circumstances.

S&P DJI applies the published methodology as the default approach. In accordance with the Index Committee's governance framework, the Index Committee may, in certain circumstances, exercise discretion in the implementation of float increases after the end of the IPO lock-up period to reduce market impact, support replicability, and promote orderly implementation, taking into account company-specific facts, such as size of the index event and timelines.

 Any such decision will be communicated in advance where possible.

IMPACTED INDICES

Index Name

Index Code

S&P Total Market Index (TMI)

SPTMI

S&P Completion Index (CI)

SPCMI

Dow Jones U.S. Total Stock Market Index

DWCF

Please note that if a company is included within the above indices, such company may become eligible for derived indices that use the above index as a starting universe.  For example, the derived indices include, but are not limited to, size, sector, style, factor, and sustainability indices derived from the impacted indices. Please refer to the individual index methodologies for more information on eligibility and timing.

IMPLEMENTATION TIMING

S&P DJI is implementing the above described methodology changes to the S&P Total Market Index (TMI), S&P Completion Index (CI), and Dow Jones U.S. Total Stock Market Index (TSM) effective prior to the market open on Monday, June 8, 2026.

For more information about S&P Dow Jones Indices, please visit www.spglobal.com/spdji.

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji.

FOR MORE INFORMATION:

S&P Dow Jones Indices
[email protected]

SOURCE S&P Dow Jones Indices