VF Corp. Closes Down 10.71%, Largest Percent Decrease Since February 2018 -- Data Talk

V.F. Corp. (VFC) closed at $77.76, down $9.33 or 10.71%

-- Lowest close since May 14, 2018 when it closed at $77.58

-- Largest percent decrease since February 16, 2018 when it fell 11.08%

-- Earlier Friday, VF Corp. reported second-quarter net income of $507.1 million, $1.26 a share, for its quarter, compared with $386.1 million, or $0.97 a share, in the same period a year earlier. Full-year fiscal 2019 revenue is now expected to be at least $13.7 billion, compared with previous guidance of $13.6 billion to $13.7 billion. Fiscal 2019 adjusted earnings per share are now expected to be $3.65, compared with the previous expectation of $3.52 to $3.57

-- Earlier Friday, VF increased its quarterly dividend by 11% to 51 cents a share

-- Down three consecutive days; down 13.26% over this period

-- Down 16.79% month-to-date

-- Down 19.24% from its all-time closing high of $96.29 on August 10, 2018

-- Up 17.14% from 52 weeks ago (October 20, 2017), when it closed at $66.38

-- Down 19.24% from its 52 week closing high of $96.29 on August 10, 2018

-- Traded as low as $77.73; lowest intraday level since May 15, 2018 when it hit $76.94

-- Down 10.75% at today's intraday low; largest intraday percent decrease since February 16, 2018 when it fell as much as 13.62%

-- Today's preliminary volume is 7.2 million shares; highest since February 16, 2018 when 10.0 million shares were traded

-- Second worst performer in the S&P 500 today

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires