Jim Cramer Calls V.F. Corporation’s Guidance “Shockingly Dismal”

V.F. Corporation (NYSE:VFC) is one of the stocks Jim Cramer recently talked about. Cramer discussed the company’s earnings and guidance during the episode. He said:

“This one, next one, did take my breath away, though, because I didn’t see it coming, V.F. Corp. Okay, now this is a big apparel company. They reported this morning, and they’re the parent of Vans, North Face, Timberland, and a host of other brands. They managed to beat sales and earnings estimates. So when it came out, I said, well, okay, looks good, but their guidance for the holiday quarter was shockingly dismal. Hence, why the stock plummeted more than 12%. That’s just one more bad read on the consumer. But you know what, I mean, the clothes represent mainstream, and mainstream, maybe it’s not doing so good.”

V.F. Corporation (NYSE:VFC) designs branded apparel, footwear, and accessories across outdoor, active, and work categories. Some of its well-known brands include The North Face, Vans, Timberland, and Dickies.

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