V.F. (VFC) Stock Forecast & Price Target

VF's stock outlook is bolstered by a 2% year-over-year revenue growth estimate for the fiscal third quarter, anticipated to reach $2.75 billion, even with a notable $135 million revenue exclusion from the prior year's Dickies sales. Notably, The North Face and Timberland brands both recorded a 4% increase in global sales on a constant currency basis, reflecting a recovery in consumer demand. Furthermore, the company expects free cash flow for FY26 to be up year-over-year from $313 million in FY25, despite facing challenges such as a $35 million headwind from the Dickies sale and tariff impacts.

The financial outlook for VF Corporation appears grim, as several key metrics reflect ongoing challenges within the company. Despite some moderation in declines for the Vans brand, total revenues still declined 1% year-over-year on a constant currency basis, and the expectation for fiscal third-quarter revenues indicates a modest decline of 1%-3% year-over-year. Additionally, gross margins are anticipated to decline due to tariffs, and while total inventory has decreased 10.9% year-over-year, such inventory management does not necessarily correlate to improved sales performance, raising concerns about the overall demand for VF's products.