V.F. Corp. (VFC) Tops Q3 EPS by 13c

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VF Reports Third Quarter Fiscal 2022 Results; Reaffirms Full Year Fiscal 2022 Earnings Outlook

January 28, 2022 6:55 AM EST

Revenue from continuing operations increased 22 percent (up 22 percent in constant dollars) to $3.6 billion; excluding acquisitions, revenue increased 15 percent (up 16 percent in constant dollars); Active segment revenue increased 25 percent (up 26 percent in constant dollars) including an 8 percent (8 percent in constant dollars) increase in Vans® brand revenue and a 17 percentage point revenue growth contribution from acquisitions; Outdoor segment revenue increased 23 percent (up 23 percent in constant dollars) including a 28 percent (27 percent in constant dollars) increase in The North Face® brand revenue; Work segment revenue increased 6 percent (up 5 percent... More