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Government shutdown delays V.F. Corp spinoff

Jan. 18, 2019 11:41 AM ETV.F. Corporation (VFC) StockVFC, KTBBy: Clark Schultz, SA News Editor
  • V.F. Corp (VFC +11.7%) CFO Scott Roe says the government shutdown could push back the company's spinoff of Kontoor Brands into a new company.
  • The disclosure was made during the company's earnings conference call.
  • Shares of VFC have rallied to their highest level of the year following a well-received earnings report.
  • Previously: V.F. Corp +10% after strong earnings (Jan. 18)

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