V.F. Corp. (VFC) Raises Quarterly Dividend 9.5% to $0.46; 2.8% Yield
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VF Reports Third Quarter 2017 Results; Raises Outlook and Dividend for 2017
October 23, 2017 6:55 AM EDTThird quarter revenue from continuing operations increased 5 percent to $3.5 billion (up 4 percent currency neutral); Gross margin from continuing operations improved 100 basis points (up 180 basis points currency neutral) to 50.1 percent; Outdoor & Action Sports revenue increased 8 percent (up 6 percent currency neutral); Vans® brand revenue increased 28 percent (up 26 percent currency neutral); International revenue increased 13 percent (up 10 percent currency neutral), including 18 percent growth in Europe (up 14 percent currency neutral) and 9 percent growth in China; Direct-to-consumer revenue increased 18 percent (up 17 percent... More
