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Business

VF Corporation expects to return to growth in Q4

Second quarter revenue at VF Corporation decreased 18 percent or 19 percent in constant dollars to 2.6 billion dollars driven by store closures and lower consumer demand as a result of the Covid-19 outbreak and related government actions and regulations. The company said in a statement that for the fiscal year 2021, revenue is expected to be at...

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BusinessFeatured

VF Q2 earning and revenues rise, reaffirms full year outlook

VF Corporation said, second quarter revenue increased 5 percent or 7 percent in constant dollars to 3.4 billion dollars, while on an adjusted basis, revenue increased 6 percent or 8 percent in constant dollars, driven by VF’s two largest brands, and international and direct-to-consumer platforms. Earnings per share were 1.61 dollars on a...

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