VF Corp., the parent company of well-known brands Vans and North Face, exceeded Wall Street's revenue expectations for the quarter, resulting in a significant increase in its stock price.

The positive sales signals suggest a potential turnaround for the apparel company, which has faced challenges in the current retail environment. Investors responded positively to the earnings report, indicating renewed confidence in VF Corp.'s growth prospects.

After the market closed on Monday, shares rose by as much as 19%, recovering from an 11% decline earlier in the year.