V.F. Corp. (VFC) Misses Q4 EPS by 3c

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VF Reports Fourth Quarter and Full Year Fiscal 2020 Results

May 15, 2020 6:55 AM EDT

Full year fiscal 2020 revenue from continuing operations increased 2 percent (up 4 percent in constant dollars) to $10.5 billion; excluding acquisitions and divestitures, adjusted revenue increased 3 percent (up 4 percent in constant dollars); Full year fiscal 2020 Active segment revenue increased 4 percent (up 6 percent in constant dollars) including a 10 percent (11 percent in constant dollars) increase in Vans® brand revenue; Outdoor segment revenue was flat (up 1 percent in constant dollars) including a 3 percent (5 percent in constant dollars) increase in The North Face® brand revenue; Work segment revenue was flat (up 1 percent in constant dollars)... More