V.F. Corp. (VFC) Tops Q1 EPS by 17c; Raises Outlook
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VF Reports First Quarter Fiscal 2022 Results; Raises Full Year Fiscal 2022 Outlook
July 30, 2021 6:55 AM EDTRevenue from continuing operations increased 104 percent (up 96 percent in constant dollars) to $2.2 billion; excluding acquisitions, revenue increased 90 percent (up 83 percent in constant dollars); Active segment revenue increased 128 percent (up 120 percent in constant dollars) including a 110 percent (102 percent in constant dollars) increase in Vans® brand revenue and a 26 percentage point revenue growth contribution from acquisitions; Outdoor segment revenue increased 81 percent (up 72 percent in constant dollars) including a 93 percent (83 percent in constant dollars) increase in The North Face® brand revenue; Work segment revenue increased 69 percent (up 66 percent in constant dollars)... More
