V.F. Corp. (VFC) Misses Q2 EPS by 4c, Offers FY Guidance
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VF Reports Second Quarter Fiscal 2022 Results; Reaffirms Full Year Fiscal 2022 Earnings Outlook
October 22, 2021 6:55 AM EDTRevenue from continuing operations increased 23 percent (up 21 percent in constant dollars) to $3.2 billion; excluding acquisitions, revenue increased 19 percent (up 17 percent in constant dollars); Active segment revenue increased 16 percent (up 14 percent in constant dollars) including an 8 percent (7 percent in constant dollars) increase in Vans® brand revenue and an 8 percentage point revenue growth contribution from acquisitions; Outdoor segment revenue increased 31 percent (up 28 percent in constant dollars) including a 31 percent (29 percent in constant dollars) increase in The North Face® brand revenue; Work segment revenue increased 18 percent (up 17 percent in constant dollars)... More
