V.F. Corp. (VFC) Tops Q1 EPS by 10c, Revenues Beat
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VF Reports First Quarter Fiscal 2021 Results
July 31, 2020 6:55 AM EDTRevenue from continuing operations decreased 48 percent (down 47 percent in constant dollars) to $1.1 billion; Active segment revenue decreased 54 percent (down 53 percent in constant dollars) including a 52 percent (51 percent in constant dollars) decrease in Vans® brand revenue; Outdoor segment revenue decreased 44 percent (down 43 percent in constant dollars) including a 45 percent (44 percent in constant dollars) decrease in The North Face® brand revenue; Work segment revenue decreased 19 percent (down 18 percent in constant dollars) including a 16 percent (15 percent in constant dollars) decrease in Dickies® brand revenue; International revenue decreased 39 percent... More
